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Insurance
Allstate estimates August cat losses at $593m
Personal lines property/casualty insurer The Allstate Corporation said on Sept. 21 that it estimates its catastrophe losses, net of reinsurance recoveries, for the month of August 2017 at $593 million, pre-tax.   21 September 2017
Insurance
Markel expands equine team with MS Amlin hire
Specialist insurer Markel International has as appointed Oliver Atkin as underwriter in its equine team.   21 September 2017
Insurance
Towergate’s new holding Ardonagh sees profitability rise in H1
The Ardonagh Group, the new insurance intermediary that brings together Autonet, Chase Templeton, Direct Group, Price Forbes and Towergate has improved its profitability in the first six months of 2017.   21 September 2017
Insurance
New technology can help insurers trust photographic evidence
Insurers can benefit from new technology that allows them to validate the authenticity of a photograph – something especially helpful in the claims process.   21 September 2017
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
Hiscox appoints group finance director
Bermuda-based specialist insurer Hiscox appointed Tom Shewry to the role of director of group finance.   20 September 2017
Insurance
Hurricane Maria to test Caribbean/Puerto Rican insurers
Hurricane Maria is set to hit the same Caribbean/Puerto Rican insurers which have already been impacted by Hurricane Irma, AM Best said in a Sept. 19 report.   20 September 2017
Insurance
XL Group chooses Dublin as EU headquarters in Brexit move
Bermuda-based property/casualty re/insurer XL Group said on Sept. 19 that it decided to move its principal European Union insurance company, XL Insurance Company, from the UK to Ireland in 2018 in response to Brexit.   19 September 2017
Insurance
Navigators hires Everest Re executive for NavPro LATAM expansion
Specialty insurer Navigators has appointed Charles Juarbe as head of Latin America and the Caribbean for NavPro as part of its expansion plan for the unit.   19 September 2017
Insurance
Cargo premiums shrink for fifth consecutive year
Global estimated cargo premium fell 6 percent year on year to $15 billion in 2016, a further 9 percent decline since 2014, according to the International Union of Marine Insurance (IUMI).   18 September 2017

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