Articles
Insurance
AXA XL, the property/casualty (P&C) and specialty risk division of the AXA group, is targeting higher synergies than previously announced from the combination of the XL Group and AXA businesses while also planning to further reduce the natural catastrophe (nat cat) exposure. 28 November 2018
Insurance
Investment management company New Nordic Advisors has placed its wholly-owned insurance subsidiary Qudos Insurance (Qudos) into liquidation, effective immediately, following a comprehensive review of the insurance company’s position. 27 November 2018
Insurance
Zurich Insurance Group has partnered with Chicago-based Snapsheet, a provider of virtual claims technology for the personal and commercial insurance marketplace. 27 November 2018
Insurance
UK-based RSA Group has appointed Geoff Jones as director of its specialty and wholesale unit, part of its global risk solutions (GRS) business. 27 November 2018
Insurance
The Camp and Woolsey wildfires in California are expected to cause economic losses between $15 billion and $19 billion, according to data provider CoreLogic. 27 November 2018
Insurance
Boston-based insurtech Corvus has raised $10 million Series A investment led by venture capital firm .406 Ventures and Hudson Structured Capital Management, with participation from Bain Capital Ventures. 27 November 2018
Insurance
French insurance group AXA is acquiring the remaining 50 percent stake in AXA Tianping Property & Casualty Insurance Company that it does not already own, for a total consideration of ¥4.6 billion (€584 million). 27 November 2018
Insurance
Marken Re Specialty is a new specialty insurance and reinsurance broker that is set to be launched soon by Pieter Vlasbloem. 27 November 2018
Insurance
Specialist re/insurance market Lloyd's has appointed former French central bank governor Christian Noyer as non-executive director of Lloyd’s Council, and independent non-executive director of the Lloyd’s Brussels board. 27 November 2018
Insurance
The average annual insured losses of a 1 in 100-year return period cat event has increased to $270.9 billion in 2018 from $246.9 billion, according to data provider AIR. 27 November 2018
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