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Insurance
Insurtech Hippo secures $25m to fund expansion
California-based insurtech company Hippo has raised $25 million in Series B funding, led by Comcast Ventures and Fifth Wall, and other fintech investors.   22 January 2018
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
Allied World Europe hires former Zurich head to lead casualty operation
Specialty re/insurer Allied World Europe has appointed Darren Jacobs to the role of senior vice president, general casualty, to lead the company’s primary and excess casualty operation in London.   13 July 2016
Insurance
Colorado hail event costs insurers $1.4bn
Damage from up to softball-sized hail in May in Colorado led to insurance payouts of more than $1.4 billion, according to Aon Benfield's monthly Global Catastrophe Recap report.   9 June 2017
Insurance
California wildfire insured losses at up to $3bn
Insured losses from the Tubbs, Pocket, Nuns, Atlas, Redwood, and Sulphur fires in California will be between $2 billion and $3 billion, according to estimates by catastrophe modelling firm AIR Worldwide.   27 October 2017
Insurance
Hardships faced by many put industry’s problems into perspective
A rapidly changing risk landscape will mean many new risks for reinsurers to grapple with and overcome but these will also yield many opportunities for the industry, Bob Forness, chairman and chief executive officer of MultiStrat Holdings, told Monte Carlo Today.   11 September 2017
Insurance
Insurance outsourcing firm Davies Group secures private equity investment
Davies Group, a UK based outsourced insurance service provider, has secured a majority investment from HGGC, a middle-market private equity firm.   30 January 2017
Insurance
London Market launches campaign to tell its story
The London Market Group (LMG) has launched a campaign to promote London as the world’s insurance hub. It is aiming to provide buyers with a clear case for coming to London for solutions to the risks they face.   25 October 2017
Insurance
Direct Line brings on Prudential senior exec as CFO
Direct Line Insurance Group has appointed Penny James as chief financial officer and executive director on its board, effective Nov. 1.   9 September 2017
Insurance
No fear of cyber: AXIS forges ahead
AXIS Capital is among the top five players in cyber globally by premium written, and the Bermuda-based insurer has appetite for more and plans to grow faster than the market in the coming years, as Dan Trueman, chief innovation officer and cyber unit head, tells Intelligent Insurer.   18 April 2018

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