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Hurricane Dorian and Typhoon Faxai combined to push Everest Re Group to an estimated pre-tax catastrophe loss of $280 million. 16 October 2019
Insurance
The first guide for the insurance industry to protect the world’s priceless and irreplaceable assets was launched yesterday at a major event by UN Environment’s Finance Initiative (UNEP FI) in São Paulo, Brazil, convening leading insurers, investors and banks. 16 October 2019
Insurance
Verifly, the first and only platform to offer short-term liability coverage for small businesses and independent workers, has expanded and rebranded to become Thimble, supported by $22 million in Series A funding. 16 October 2019
Insurance
Cowbell Cyber, a start-up focused on artificial intelligence (AI)-powered cyber insurance for small to mid-sized enterprises, has appointed David Miles, co-founder and managing partner at ManchesterStory Group and Varun Badhwar, senior vice president of products, Prisma cloud, at Palo Alto Networks, to its board of directors. 16 October 2019
Insurance
RenaissanceRe Holdings, a global provider of reinsurance and insurance, estimates that losses from third quarter 2019 catastrophe events will have a net negative impact of approximately $155 million on its third quarter 2019 results of operations. 16 October 2019
Insurance
Blockchain insurance start-up B3i has released the latest version of its property catastrophe excess of loss reinsurance application and successfully deployed it to production environments ahead of year-end renewals. 16 October 2019
Insurance
Catastrophe investment manager Nephila Capital has rebranded with a new logo, website, and brand identity. 16 October 2019
News
RSG Transactional Risks Europe is the new brand for RSG’s successful transactional risk insurance business which has recently opened an office in continental Europe. Here, its business leaders discuss their strategy to expand its reach and product range with Intelligent Insurer. 16 October 2019
Insurance
RKH Specialty has hired Jason Humphreys and Alex Robinson to add to its specialist aviation team in London as part of its ongoing expansion in aviation. Humphreys will join in February, with Robinson joining a month later once they have discharged their obligations under current contracts at Marsh. 15 October 2019
Reinsurance
New York-based reinsurance provider AM Re Syndicate has a unique position in the market as it underwrites specialty quota share reinsurance exclusively, as the firm’s Shevawn Barder explains to Intelligent Insurer. 15 October 2019
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