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Insurance
US-based LeaseLock, a new insurance technology product for the rental housing market, announced it has completed a $10 million Series A round of financing to enable expansion. 30 April 2018
Insurance
Bermuda-based Randall & Quilter (R&Q) is growing in legacy acquisitions and programme underwriting management and CEO Ken Randall prepared the market for upcoming new transactions. 30 April 2018
Insurance
The frequency of terror attacks in advanced markets has decreased over the past 25 years while casualties have increased, according to the latest Pool Re Terrorism Frequency Report. 30 April 2018
Insurance
SCOR’s MutRé acquisition has resulted in a mark-up of the value of the investment by €26 million in the first quarter of 2018, allowing the reinsurer to beat the analysts’ consensus by 24 percent, according to a Jefferies analyst note. 30 April 2018
Insurance
Liberty Mutual Insurance unit Liberty Specialty Markets (LSM) has launched a new product that aims to prevent contract negotiations between businesses stalling because of concerns relating to intellectual property (IP). 30 April 2018
Insurance
Broker Ed has signed a partnership with geospatial data enrichment and analytics firm SpatialKey. 30 April 2018
Insurance
Marsh & McLennan unit Guy Carpenter & Company has promoted John Fletcher to chairman of the firm’s Bermuda operations with immediate effect. 30 April 2018
Alternative Risk Transfer
Insurance-linked securities (ILS) investors are reloaded and ready for the 1 June 2018 Florida renewals after significant losses in the second half of 2017 which saw record natural catastrophes from hurricanes, earthquakes, and wildfires in North America, according to the latest ILS Market Update by Willis Towers Watson Securities. 27 April 2018
Insurance
Markel co-CEO Richard Whitt, III is pushing for rate increases in the property market and is otherwise prepared to shed business. 26 April 2018
Insurance
US commercial insurer CNA's executive vice president and chief financial officer (CFO) Craig Mense is to retire from the company on Dec. 31, 2018. 26 April 2018
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