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Insurance
A Hurricane Andrew repeat would cost $56bn in the US: AIR
If Hurricane Andrew were to recur today the expected total industry insured losses, based on today's exposures, would be approximately $56 billion in the US, catastrophe risk modelling firm AIR Worldwide said on Aug. 21.   21 August 2017
Insurance
Verisk Analytics unveils $250m Sequel acquisition
Data analytics provider Verisk Analytics said on Aug. 21 that it has signed a definitive agreement to acquire London-based software provider Sequel from HgCapital and other Sequel shareholders for a purchase price of £250 million.   21 August 2017
Insurance
M6.7 earthquake hits major tourist destinations in Greece and Turkey
A magnitude 6.7 earthquake struck the Eastern Mediterranean at 22:31 UTC on July 20, 2017, impacting the Greek island of Kos and the Turkish city of Bodrum, along with numerous coastal towns in Turkey.   24 July 2017
Insurance
AIG in $2.5bn debt raise as it acquires Validus
American International Group (AIG) is raising $2.5 billion in debt as it prepares the funding for the acquisition of Bermuda-based Validus Holdings.   22 March 2018
News
Hand in hand with an evolving landscape
The Latin American region is continuously evolving and re/insurance goes hand in hand with this progress.   14 November 2017
Insurance
Ascot Underwriting hires founding director of Lloyd Thompson
Ascot Underwriting has appointed John Lloyd, a founding director of Lloyd Thompson (now JLT), to its board as an independent non-executive director.   22 September 2016
Insurance
Intelligent technology and data strategy: a paradigm shift for insurers
All re/insurers and brokers are grappling with the implications of an unprecedented wave of new technologies labelled ‘insurtech’ which are capable of transforming their businesses. In a webinar sponsored by Xceedance, four senior executives debated how insurers, reinsurers and brokers should respond to this barrage of change and innovation.   11 September 2017
Insurance
Skuld hires head of marine cargo and property
Skuld, a marine insurance provider, has appointed Paul Knighton as global head of marine cargo and marine property. He will join Skuld Syndicate 1897 in the summer.   19 January 2017
Insurance
Nat cat costs push RenaissanceRe into a loss in Q3
Bermuda-based re/insurer RenaissanceRe reported a net loss of $504.8 million for the third quarter of 2017 as the company had to absorb significant natural catatastrophe losses from hurricanes and earthquakes.   1 November 2017
Insurance
Lloyd’s expected to be among hardest hit from Hurricane Irma
Lloyd’s is expected to be among the hardest hit from Hurricane Irma, according to a Sept. 11 Moody’s report.   12 September 2017

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