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Cayman Islands-based Greenlight Capital Re has launched its new innovation unit, headed by chief operating officer Michael Belfatti. 6 March 2018
Insurance
Lloyd’s managing agent AEGIS London has hired Carrie Trudeau to manage claims notified by its Canadian coverholders. She joins from Crawford & Company (Canada), where she was director of Lloyd’s and dedicated units. 6 March 2018
Insurance
The common shareholders of property/casualty commercial lines re/insurer XL Group have approved an agreement to be 100 percent acquired by French insurer AXA for $15.3 billion, to be fully paid in cash. 7 June 2018
Insurance
Property/casualty insurer Chubb has become an industry association member of the Blockchain in Transport Alliance (BiTA). 11 July 2018
Insurance
The cost of insurance claims for merger-objection litigation has risen “dramatically” in recent years, according to Chubb. 11 July 2018
Alternative Risk Transfer
Catastrophe bond issuance dropped to $7.4 billion in the first half of 2018 from $8.8 billion issued in the first half of last year as activity in North America halved, according to the PCS H1 2018 Catastrophe Bond Report. 11 July 2018
Insurance
Allied Insurance Brokers has appointed Tres Whitlock as its new president. 11 July 2018
Insurance
XL Catlin has opened its second office in Mexico, located in Monterrey, and has appointed Carlos Matthey as client distribution leader. 13 October 2016
Insurance
Anbang Insurance Group is exploring the sale of Belgian insurer Fidea, Bloomberg News reported citing people “with knowledge of the matter”. 11 July 2018
Insurance
Severe thunderstorms leading to flash floods and hail across the eastern two-thirds of the US in June led to $4 billion economic losses and $3 billion of claims for insurers, according to Aon’s Global Catastrophe Recap report. 11 July 2018
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