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Insurance
Bermuda specialty re/insurer Argo Group International Holdings has appointed Bill Wharton to head Argo Insurance Bermuda, and Nigel Mortimer to lead its international casualty business. 9 January 2019
Insurance
Bermuda-based AXIS Capital has hired Govind Balu as chief analytics officer to lead a range of initiatives including the implementation of machine learning and artificial intelligence across the organisation. 9 January 2019
Insurance
Verisk, a data analytics provider, has launched Black Box 3 (BB3), a new solution available in parts of Canada, Europe, Australasia, and Asia, that helps insurers underwrite risks posed by travellers with pre-existing medical conditions. 9 January 2019
Insurance
Tasker Insurance Group has appointed Jonathan Webber as chief financial officer. He joins from Jelf, part of the Marsh UK Group, where he was finance director. 9 January 2019
Insurance
Rating agency AM Best has unveiled its new subsidiary AM Best (EU) Rating Services, based in Amsterdam, the Netherlands. 3 December 2018
Insurance
Verisk Analytics, a provider of property/casualty (P&C) insurance risk information, has acquired London-based Rulebook for $87 million in cash. 3 December 2018
Insurance
US-based The Hartford has purchased Y-Risk, a managing general underwriter (MGU) specialising in the sharing and on-demand economy, from Allstar Financial Group. 3 December 2018
Insurance
NSM Insurance Group has acquired the assets of US-based KBK Insurance Group, a provider of commercial auto insurance products and services. 3 December 2018
Insurance
The infancy of historical claims data is perhaps one of the biggest hurdles for cyber risk modelling, but the advent of probabilistic modelling is a step in the right direction and can help the industry better manage the risk globally. 24 October 2018
Alternative Risk Transfer
Parametric cat bonds can help the countries of South Eastern Europe, Central Asia, the Caucasus, and the Commonwealth of Independent States as well as Turkey (ECIS) close the protection gap associated with natural catastrophe risk, Kirill Savrassov, chief executive officer of Phoenix CRetro, a niche Bermudian ILS specialist, told Baden-Baden Today. 22 October 2018
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