Articles

Alternative Risk Transfer

Losses from Hurricane Dorian estimated between $15bn and $25bn as storm heads towards land

Upgraded to a hurricane, storm Dorian has been described as "extremely dangerous" by the National Hurricane Center (NHC) with the potential to become a category 4 hurricane as it tracks towards Florida.   30 August 2019

Insurance

Apollo, Athene to buy GE Capital’s aircraft lending unit PK AirFinance

Apollo Global Management and Athene Holding have entered into a definitive agreement with GE Capital to buy PK AirFinance, an aviation lending business from GE Capital’s Aviation Services (GECAS) unit.   30 August 2019

Insurance

Meteo Protect launches ‘quick to set up’ parametric cover platform

Paris-based underwriting agency Meteo Protect has launched ParametricAPI.com its open insurance application programming interface (API) to enable insurers and startups to run their own parametric insurance programs.   30 August 2019

Insurance

Landmark Underwriting hires Liberty's Roger Millgate as head of global professional indemnity

Specialist managing general agent (MGA) Landmark Underwriting has hired Roger Millgate as head of global professional indemnity (PI) from Liberty Specialty Markets.   30 August 2019

Insurance

Berkley One appoints new chief claim officer from Chubb

Berkley One, a member company of Berkley and a startup insurance provider, has appointed Peter Boccher as chief claim officer.   30 August 2019

Insurance

Re/insurers turn to structured deals amid intense competition: S&P

Increasingly intensifying competition in the market has forced property and casualty re/insurers to rethink their business strategies and how best to deploy capital resources.   29 August 2019

Insurance

Integro partners with Brazilian entertainment broker Affinité to expand in South America

Integro Insurance Brokers has partnered with Brazilian entertainment broker Pro Affinité Consultoria e Corrategem de Seguros (Affinité) to strengthen its position in the South American market.   29 August 2019

Insurance

Willis Re: silent cyber concerns drop significantly among insurers

Insurance sector concerns about silent cyber have declined considerably, according to an annual global survey by Willis Re.   29 August 2019

Insurance

HDI-backed Swedish insurtech Hedvig raises $10.4m for market expansion

Stockholm-based digital insurance start-up Hedvig has secured 100 million SEK ($10.4 million) in a Series A funding to expand its operations beyond the Nordics.   29 August 2019

Insurance

Liberty Specialty Markets appoints head of financial lines France from AIG

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Antoine Brodu as head of financial lines, France.   29 August 2019

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