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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
Validus Specialty Underwriting Services has launched a new policy tailored for private US fintech companies. 1 March 2018
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
Insurance
MTech Capital has completed the initial closing of the firm’s insurtech venture fund with $75 million of capital commitments from three anchor investors including CNA Financial Corporation, NN Group, and a global insurer. 11 July 2018
Insurance
Beazley syndicate 3623 and Aegis syndicate 1225 are leading the ranking of electronic placement adoption at Lloyd’s, according to a new table published for the first time by the London Market Group. 20 November 2018
Insurance
UK government-backed terrorism reinsurer Pool Re has placed its new retrocession programme covering non-damage business interruption (NDBI) losses. 8 July 2019
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