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Insurance
Lloyd’s has paid close to three quarters of a billion dollars ($738 million) in claims so far for Hurricanes Harvey, Irma and Maria, said Jon Hancock, performance management director at Lloyd’s.   16 October 2017
Insurance
Bermuda-domiciled insurance and reinsurance holding company Paraline has appointed Paul Rayner as active underwriter of Paraline Syndicate 4242 and SPA 6123.   21 March 2018
MGAs: the new breed of insurtech firms
Technology
Managing general agents are partnering with insurtech firms—a trend that could transform the sector and the very nature of MGAs, Peter Staddon, managing director of the Managing General Agents’ Association, tells Intelligent Insurer.   4 May 2018
Insurance
Broker Gallagher has bolstered its Manchester-based team with two experienced specialists from Marsh to build out its footprint in the north of the UK.   26 July 2018
Insurance
Verisk Analytics, a provider of property/casualty (P&C) insurance risk information, has acquired UK-based insurtech Business Insight.   28 February 2018
News
“The trend of multinational ingress into the region seems to be waning, with some big insurance companies having sold, or being in the process of selling, their operations, due to less than satisfactory performance.” This is the opinion of James Grieve, senior vice president at SCOR Reinsurance, speaking to Intelligent Insurer.   15 November 2017
News
With new regulations in Mexico and Chile, an opening up of the Argentinian reinsurance market and an expected “lively” renewal season, it’s been busy time for Gen Re in the region.   15 November 2017
Insurance
There is a growing appetite in some Latin American markets for personal accident coverage, an insurance policy that pays out if an individual dies suddenly or is critically injured and unable to work, according to Philippe François, global head of business development, AXA Life and Health Reinsurance.   15 November 2017
Insurance
“We are committed to making sure that we learn from large events, like the September 19 earthquake that struck Mexico.” These are the words of Justin Moresco, senior product manager for RMS earthquake models, who spoke to FIDES Today.   15 November 2017
Alternative Risk Transfer
Bermuda-based AXA XL's reinsurance operation has completed the acquisition of all third party ownership interests in New Ocean Capital Management, its majority-owned asset management affiliate.   20 November 2018

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