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Insurance
About 200,000 residents have been evacuated in Southern California as multiple wildfires have burned homes. 8 December 2017
Insurance
A gap of $20 billion between company losses and estimates of total insured losses suggests that some company estimates will rise in 2018, fuelling reinsurance price rises, according to Jefferies analysts. 7 December 2017
Insurance
Specialist Lloyd's insurer Neon has appointed Tim Overton to the newly-created role of head of pricing. 7 December 2017
Insurance
Specialist Lloyd's insurance group Chaucer has gained authorisation to set up an operation in the Dubai International Financial Centre (DIFC). 6 December 2017
Insurance
Swiss Re is acquiring 1.1 million life insurance policies from UK financial service provider Legal & General Group for £650 million. 6 December 2017
Insurance
The US Federal Emergency Management Agency (FEMA) is submitting a claim to recover the full $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program. 6 December 2017
Insurance
Asta, a third party managing agent at Lloyd’s, has appointed its chief actuary Richard Barke to serve on its Lloyd’s managing agency board, subject to regulatory approval. 6 December 2017
Insurance
A flurry of wildfires torched more than 65,000 acres in Southern California and are likely to have destroyed hundreds of buildings, according to news reports. 6 December 2017
Insurance
Australia’s QBE Insurance Group has partnered with London-based artificial intelligence startup Cytora. 6 December 2017
Insurance
UK car insurer Sabre Insurance Group is pricing its equity in a planned initial public offering at 230 pence per ordinary share, suggesting a market capitalisation of the company of £575 million. 6 December 2017
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