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Insurance
PG&E reaches $13.5bn agreement to resolve wildfire claims
Claims relate to fires caused by PG&E power lines.   10 December 2019
Insurance
AM Best Maintains stable US commercial lines market outlook
Factors include improved market conditions, solid levels of risk-adjusted capitalisation.   10 December 2019
Insurance
Duck Creek Technologies receives $120 million investment
Investment will fuel its provision of SaaS enterprise software to the P&C industry.   10 December 2019
Insurance
Asia Capital Re voluntarily withdraws from rating services
This follows news of a rating downgrade following its purchase by Catalina Holdings.   10 December 2019
Insurance
Broker BMS overhauls its US reinsurance management team
The move follows a large investment into BMS by an asset manager and private equity firm.   9 December 2019
Insurance
Gallagher hires aviation market specialist from MS Amlin
The appointment is the fourth senior addition to Gallagher’s aerospace practice since June.   9 December 2019
Alternative Risk Transfer
Brit launches Lloyd’s ILS fund
Sussex Specialty Insurance Fund will offer ILS investors access to Brit Syndicate 2988   9 December 2019
Insurance
The Hanover Insurance Group announces $150m buyback and $100m dividend
This completes the deployment of capital generated through Chaucer sale.   9 December 2019
Insurance
Germany, Global Parametrics and Hannover Re launch new impact fund
The Natural Disaster Fund (NDF) Deutschland will partner with the NDF UK.   9 December 2019
Insurance
Willis Towers Watson launches new software to help implement IFRS 17
It will provide rapid implementation and early sight of the numbers.   9 December 2019

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