Bermuda-based specialty re/insurer AXIS Capital Holdings estimated the net financial impact from fourth quarter 2017 catastrophe and weather-related losses at $130 million.
The value of the global non-life discontinued insurance business exceeded $700 billion in 2017, according to research from PwC.
Insurer Aviva has appointed Colm Holmes, currently CEO of UK general insurance, as new chief executive of its Canadian business.
InsurePal, a new peer-to-peer insurer raised £15 million ($18 million) in an Initial Coin Offering (ICO) to fund its UK motor launch in the first half of 2018.
JLT Specialty, a subsidiary of Jardine Lloyd Thompson Group, has appointed Paul Woodward as head of North American casualty.
Regulatory developments dominate priorities identified for the London company insurance market in 2018 by the International Underwriting Association (IUA).
Specialist Lloyd’s insurer Beazley has prepared the market for better than expected 2017 financial results.
US-based global insurance broker AmWINS Group has promoted Scott Purviance to succeed Steven DeCarlo as the company’s CEO, effective May 1, 2018.
The California insurance commissioner and legislators unveiled eight bills (six of which have already been introduced) and two additional legislative proposals designed to strengthen consumer protections for wildfire survivors.
Lloyd's underwriting syndicate Probitas 1492 has hired Mark Smith from QBE to join its financial lines team as senior underwriter for management liability.