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Reinsurers in for a major stress test if Hurricane Dorian losses exceed Irma's: S&P
Insurance
Reinsurers and alternative capital will bear the majority of losses caused by Hurricane Dorian if the Category 4 storm makes landfall in densely populated areas of the Florida peninsula, warned rating agency S&P Global.   2 September 2019
Swiss Re partners with Capsicum Re on new cyber reinsurance solution Decrypt
Insurance
Swiss Re and specialist reinsurance broker Capsicum Re have teamed up to co-create a new 'holistic' cyber reinsurance solution that they hope will set the standard for the industry while helping insurers better manage their silent cyber exposures and risks.   2 September 2019
AXA XL promotes Steven Farr to global head of upstream energy
Insurance
AXA XL Insurance has promoted Steven Farr to global head of upstream energy, based in London.   2 September 2019
Insurance
Lloyd's insurer and member of Argo Group, ArgoGlobal, has revealed its plans to exit Syndicate 1200 underwriting operations in Asia in a bid to "improve profitability" of the overall business.   2 September 2019
Insurance
Specialist Lloyd’s broker MNK Re has launched a residual value insurance (RVI) centre of excellence with the appointment of Robert Prince as practice leader.   2 September 2019
Insurance
Zurich-based catastrophe insurance data provider PERILS has appointed Takashi Goda as senior advisor for Japan.   2 September 2019
Insurance
As the path of hurricane Dorian shifts, the National Hurricane Center (NHC) now projects that the storm will make landfall in Jupiter (slightly north of West Palm Beach), reaching category 4 strength, and bringing heavy rain, storm surge, and 130 mph winds, all of which are expected to cause sizable losses.   30 August 2019
Insurance
Last year was tough for reinsurers, with hurricanes Florence and Michael, typhoon Jebi and California wildfires helping to rack up losses, said global credit rating agency AM Best.   30 August 2019
Insurance
Allianz Insurance, one of the largest general insurers in the UK, has saved more than £29.6 million in the first half of 2019 by tackling fraud.   30 August 2019
Insurance
Prudential Financial has appointed Andrew Sullivan to succeed Stephen Pelletier as executive vice president and head of US businesses, effective December 1.   30 August 2019

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