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Insurer FedNat reports gross cat losses of $17m in Q2 2019
Insurance
US insurer FedNat Holding Company (FedNat) has reported gross catastrophe losses of $17 million, including $15.5 million from the company’s non-Florida property business in Q2 2019.   18 July 2019
Allianz X leads $20m funding round in ESG data provider Arabesque S-Ray
Insurance
Germany-based Allianz Group's digital investment unit Allianz X has led the Series A funding round of environmental, social, and governance (ESG) data provider Arabesque S-Ray, which uses big data and machine learning technology to assess the sustainability performance of companies.   18 July 2019
Schroders acquires full ownership of ILS specialist Secquaero; boosts private assets business
Alternative Risk Transfer
Schroders has reinforced its private assets business by taking full control of Zurich-based insurance linked securities (ILS) investor Secquaero Advisors.   18 July 2019
Insurance
Lemonade, an artificial intelligence-focused insurtech company, has launched its homeowners and renters insurance insurance offering throughout the Garden State.   3 August 2017
Insurance
Bermuda-based Arch Capital Group said June 6 that it expects its 2017 second quarter pre-tax underwriting income to be adversely impacted by approximately $38 million relative to the quarterly run rate level of profitability associated with its property facultative reinsurance operations.   7 June 2017
Insurance
Zurich North America has hired Allied World's Paul Lavelle as chief claims officer. He succeeds Steve Hatch, who retired earlier in August.   22 August 2018
Insurance
Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has launched a new financial sponsors group (FSG) to bring together seven of its specialties.   4 October 2019
Insurance
Bermuda-based re/insurer AXIS Capital Holdings has appointed Helen O’Sullivan as the CEO of AXIS Specialty Europe and AXIS Re.   18 September 2018
Insurance
The Tropical Storm Risk (TSR) agency is forecasting 12 named storms, 5 hurricanes and 2 major (Category 3+) hurricanes between the months of June and November in its April forecast for the 2019 Atlantic Hurricane Season.   8 April 2019

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