News

News

US reinsurers boost H1 premium, improve combined ratio

A group of 18 US property/casualty reinsurers wrote $30.1 billion of net premiums during the six-months ended June 30, 2018, compared to $22.5 billion for the same period in 2017, according to data released by the Reinsurance Association of America (RAA).   22 August 2018

Insurance

Hanover Stone expands strategic planning practice

Risk management services firm Hanover Stone Solutions has appointed three senior advisors to its newly-formed strategic planning consulting practice.   27 June 2018

Insurance

Trust Re appoints two non-executive directors to board

Bahrein-based re/insurer Trust Re has appointed Fetooh Al Zayani and Kai-Uwe Schanz as independent non-executive directors for a three-year term.   6 June 2017

Insurance

XL Catlin poaches AIG executive to head global programmes

XL Catlin has appointed Sonja Ochsenkuehn as head of global insurance programmes. She will be based in New York.   10 July 2017

Insurance

Qudos Insurance placed into liquidation; DARAG enters risk transfer deal

Investment management company New Nordic Advisors has placed its wholly-owned insurance subsidiary Qudos Insurance (Qudos) into liquidation, effective immediately, following a comprehensive review of the insurance company’s position.   27 November 2018

Insurance

California wildfire losses may reach $19bn: CoreLogic

The Camp and Woolsey wildfires in California are expected to cause economic losses between $15 billion and $19 billion, according to data provider CoreLogic.   27 November 2018

Insurance

Pay-by-mile car insurtech By Miles raises £5m Series A funding

UK-based insurtech startup By Miles, which provides pay-per-mile car insurance, has raised raises £5 million in Series A funding led by Octopus Ventures.   27 February 2019

Insurance

Insurtech startup Breathe Life raises $3.4m seed funding

Montreal-based Insurtech startup Breathe Life has raised CA$4.5 million ($3.4 million) in its seed round of funding led by Diagram Ventures with participation from Real Ventures.   27 February 2019

Insurance

Aon Benfield’s marine MD Connolly retires

The managing director of Aon Benfield’s marine practice John Connolly is stepping down to retire after decades with the broker.   26 March 2018

Insurance

JLT Re poaches Guy Carpenter talent to head credit and surety

Reinsurance broker JLT Re, a subsidiary of Jardine Lloyd Thompson Group, has appointed Guy Carpenter executive Scott MacColl as head of credit and surety for North America.   16 July 2018

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