Articles

Insurance

Chubb, Travelers lead California wildfire loss table: KBW

Chubb and Travelers are expected to bear the highest losses from the wildfires in north and south California, according to KBW research.   20 November 2018

Insurance

Californian wildfires to hit P&C Q4 results: Fitch

Losses from the ongoing California wildfires will likely negatively impact fourth-quarter earnings of companies with material property exposure in the state, Fitch Ratings said.   20 November 2018

Insurance

Global premium growth at 3% in 2019, 2020: Swiss Re

Global premiums in non-life and life businesses are forecast to grow by around 3 percent annually in 2019 and 2020 while the expansion in emerging Asia will be three times higher, according to the latest Swiss Re sigma report.   20 November 2018

Insurance

Insurtech fundraising reaches all-time high

Global fundraising for insurtech startups has already reached an all-time high in volume in 2018 as of October with 204 deals, following 202 deals in the full year of 2017 and 174 transactions in 2016, according to the latest The Insurtech M&A Market Report by Hampleton Partners.   20 November 2018

Insurance

Plug and Play invests in AI insurtech startup Betterview

Silicon Valley-based Venture capital firm Plug and Play Ventures has invested in California-based artificial intelligence (AI) startup Betterview.   20 November 2018

Insurance

Aon launches intangible asset cover

Broker Aon has launched an intangible asset insurance cover in line with the change in business models.   20 November 2018

Insurance

California wildfires to cause record losses: AM Best

Wildfire losses in California will reach record levels in 2018 after three different fires erupted in November and will force insurers to re-price and reassess their California exposures, according to AM Best estimates.   14 November 2018

Insurance

CTMA places Standard Syndicate 1884 into run-off

Charles Taylor Managing Agency has placed Syndicate 1884, which is managed by the business, into run-off.   18 October 2018

Insurance

Cat loss drop makes Travelers Q3 results jump

Lower catastrophe losses in the third quarter of 2018 have helped The Travelers Companies to more than double the profit in the period compared to the previous year.   18 October 2018

Insurance

Everest appoints risk management, commercial casualty leader

Everest Insurance has appointed Chris McKeon to lead its risk management and commercial casualty business units.   18 October 2018

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