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Insurance
Insured losses from the Tubbs, Pocket, Nuns, Atlas, Redwood, and Sulphur fires in California will be between $2 billion and $3 billion, according to estimates by catastrophe modelling firm AIR Worldwide. 27 October 2017
Insurance
AXIS Capital has opened a new office in Miami, with Eduardo Hussey as chief underwriting officer (CUO), to expand its presence in the Latin American and the Caribbean (LAC) market. 27 January 2017
Insurance
The Association of British Insurers (ABI) has become embroiled in a row with British Airways (BA) over who should foot what could be a hefty bill relating to compensation resulting from the airline’s recent computer systems outage, which affected 75,000 passengers. 5 June 2017
Insurance
The former operations director at Ageas (Kwik Fit Insurance) Alan Brown has joined Consumer Intelligence, a Bristol-based market research agency that focuses on the insurance and banking sectors. 5 June 2017
Insurance
Bermuda-based AXIS Capital Holdings has appointed Steve Arora as the new chief executive officer of AXIS Re. 24 October 2017
Insurance
The performance of the commercial automobile insurance segment in the US has lagged that of other property/casualty (P&C) industry sectors for several years and continued to deteriorate through the third quarter of 2017, according to AM Best. 19 January 2018
Insurance
Catastrophe risk modelling company RMS has appointed Michael Steel as global head of solutions, joining its executive team. 1 November 2016
Insurance
Swiss Re has entered into a transaction with Zurich Insurance Company to acquire a 4.9 percent stake in New China Life Insurance Company. 21 November 2013
Insurance
Specialty re/insurer Brit has appointed David Lim as the CEO of Brit Global Specialty Singapore with effect from May 15, 2017. 13 April 2017
Insurance
Mutual insurer London Victoria (LV=) recorded an 81 percent fall in operating profit for 2016 due to the UK's personal injury Ogden discount rate change. 13 April 2017
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