Articles

Insurance

JLT taps Beazley, Marsh, Aon for European cyber expansion

JLT Specialty, a subsidiary of Jardine Lloyd Thompson Group, has expanded its European cyber practice based in London and Stockholm with the appointment of four new members.   23 July 2018

Insurance

Navigators expects up to $70m pre-tax nat cat loss

Specialty insurer Navigators Group said on Oct. 5 that its estimated financial impact from natural catastrophes in the third quarter ranges from $50 million to $70 million before taxes.   6 October 2017

Insurance

Brit grows professional liability unit with Hiscox, Hartford hires

Specialty re/insurer Brit has hired Hiscox and The Hartford executives to bolster its Brit Global Specialty USA (BGSU) professional liability team.   29 May 2018

Insurance

Munich Re-backed insurtech Wrisk expands leadership team

Insurtech startup Wrisk, which is backed by firms like Munich Re, Hiscox and QIC, has made leadership appointments following its latest funding round that is said to have surpassed its target of £500,000 in under five days.   9 April 2018

Insurance

Syndicate 1975 receives Lloyd’s approval for January, hires from Chubb

Coverys Syndicate 1975 has received approval from Lloyd’s to begin underwriting business with effect from Jan. 1, 2018.   19 December 2017

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

Reinsurance

NA nat cat events to cost SCOR €430m

SCOR said on Oct. 9 that Hurricanes Harvey, Irma and Maria, as well as the Mexico earthquakes, will cost the company €430 million net of retrocession and tax for the third quarter of 2017.   9 October 2017

Insurance

XL Catlin unveils new insurance offering in France

XL Catlin’s insurance operation in France and Benelux has launched new local underwriting capabilities with the appointment of Eric Zandvliet as head of political risk, credit & bond (PRCB).   23 January 2018

Insurance

Everest taps AIG excess casualty leader

Everest Insurance has appointed Debbie Weiser as the new leader of excess casualty within Everest Specialty Casualty.   6 September 2017

Insurance

Congress criticized for kicking NFIP problem down the road

SmarterSafer, a national coalition of environmental groups and insurance interests, has urged US lawmakers to find a long term and sustainable solution for the National Flood Insurance Program (NFIP) rather than allowing short-term extensions.   22 December 2017

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