Articles
Insurance
US-based Allstate Insurance Company is seeking to hire 600 executives to fill positions throughout its US Northwest region, including Washington, Oregon, Idaho, Alaska and Hawaii. 15 January 2018
News
Swiss Re has estimated its preliminary combined claims burden from recent natural catastrophes booked in the fourth quarter of 2018 at approximately $1.0 billion, net of retrocession and before tax, mainly affecting the reinsurance operations. 15 January 2019
Insurance
Mondelez, the US food company that owns the Oreo and Cadbury brands, is suing Zurich Insurance for refusing to pay out on a $100 million claim for damage caused by the NotPetya cyber attack in what is seen as the first major legal dispute over how companies recover the costs of a cyber-attack. 15 January 2019
Insurance
Nearly half of manufacturers have been the victim of cyber-crime, and a quarter has suffered some financial loss or disruption to business as a result, according to a new report. 24 April 2018
Alternative Risk Transfer
Three experienced ILS executives including one of the founders of Hiscox-owned Kiskadee Investment Managers and a former managing director of RenRe-owned DaVinci Reinsurance have formed a new hedge fund-backed ILS venture, according to a May 16 Reuters report. 17 May 2018
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
Insurance
Technology-driven risk solutions provider Sedgwick has appointed Ian Muress, Stewart Steel and Paul White to leadership roles for its combined business operations in the UK. 23 April 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
XL Group has made preliminary estimates of natural catastrophe net losses from the recent wildfires in South California of around $45 million, with a further $20 million relating to other cat events. 11 January 2018
Insurance
California-based cyber insurance start-up At-Bay has secured a $13 million Series A funding. 14 May 2018
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