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Insurance
Kanye West denies all Lloyd’s counterclaims in $10m lawsuit
Singer Kanye West, through attorneys of his touring company Very Good Touring denied “each and every allegation and mischaracterization in the counterclaim” made by Lloyd’s syndicates with respect to a cancelled tour.   21 September 2017
Insurance
Irma an opportunity for ILS to prove its credentials
Losses from Hurricane Irma will not affect investor interest in the insurance-linked securities (ILS) market, according to Tom Johansmeyer, assistant vice president at ISO Verisks’ PCS strategy and development.   13 September 2017
Insurance
ABI criticizes compulsory off-road vehicle insurance
The Association of British Insurers (ABI) said on Aug. 24 that the prospect of owners of off-road vehicles needing insurance is unnecessary, unworkable and unfair.   24 August 2017
News
Munich Re launches parametric insurance product with JLT
Broker JLT said on Aug. 24 that its unit JLT Philippines signed a cooperation agreement with global reinsurer Munich Re to jointly develop and offer an insurance solution to cover typhoon/tropical cyclone risks for the Philippines.   24 August 2017
Insurance
Tropical storm Harvey could turn into hurricane in Texas
Tropical storm Harvey is slowly approaching Texas and could turn into a category 1 hurricane at landfall, data provider RMS said on Aug. 24.   24 August 2017
News
JLT Re appoints Thailand managing director from Willis
Reinsurance broker JLT Re said on Aug. 24 that it has appointed Khun Nivatvongs managing director of Thailand.   24 August 2017
Insurance
Verisk Analytics in $151m LCI acquisition
Data analytics provider Verisk Analytics said on Aug. 24 that it has signed a definitive agreement to acquire risk insight provider LCI.   24 August 2017
News
SCOR opens P&C representative office in Kenya, names head
Following regulatory approval, French reinsurer SCOR said on Aug. 24 that it is opening a SCOR Global P&C SE representative office in Nairobi, Kenya.   24 August 2017
Insurance
UK non-life insurers to raise premiums to offset claims inflation
UK non-life insurers are set to increase motor and household premiums to counteract claims inflation, Fitch Ratings said on Aug. 24.   24 August 2017
News
AXIS Capital partners with start-up Plug and Play to boost innovation
Bermuda-based specialty re/insurer AXIS Capital Holdings said on Aug. 24 that it has partnered with digital start-up Plug and Play to boost digital innovation.   24 August 2017

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