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The reinsurance industry emerged relatively unscathed from the heavy catastrophe losses of 2017 with its shareholders’ equity increasing and its combined ratio nowhere near as bad as in 2005 and 2011 – two most recent years severely hit by cat losses. 23 April 2018
Insurance
Hannover Re parent Talanx will buy 90 percent stake in Italian insurer Generali's Colombian business to further expand its presence in the Latin American region. 20 July 2017
Insurance
Lemonade, an artificial intelligence-focused insurtech company, more than doubled its clients in the past two months as “customers are ditching incumbents for Lemonade,” Shai Wininger, Lemonade co-founder, said in a blog posted on medium.com. 2 June 2017
Alternative Risk Transfer
The Lloyd’s Market Association (LMA) has formed a ‘Members’ Agent Committee’, which will represent the interest and priorities of provider and advisors of third party capital at Lloyd’s. 2 June 2017
News
Though cyber risk is a distinctly global threat, the cyber insurance markets in the US and the EU have developed in different directions both in terms of products and pricing. This has consequences for players that are eager to take advantage of the significant growth potential of this line of business, as Intelligent Insurer discovers. 18 December 2018
Insurance
Swiss Re said on July 7 that it has partnered with Ping An Property & Casualty Insurance Company of China to launch China's first mobile-enabled typhoon property parametric insurance solution. 7 July 2017
Insurance
Property/casualty insurer Chubb has appointed Alexander Wells as regional manager for the Northeast and mid-Atlantic regions of the company's commercial insurance division in North America. 18 July 2017
Insurance
RT Specialty, a wholesale brokerage unit of Ryan Specialty Group, has appointed Jason Witthun and Marie-Louise Lundqvist to lead its new Honolulu, Hawaii office. 18 July 2017
Insurance
Lloyd's, the specialist insurance and reinsurance market, has appointed Mike Bracken, Nigel Hinshelwood and Fiona Luck to its franchise board as non-executive directors for a three-year period commencing March 1, 2018. 6 February 2018
News
The major reinsurers of Europe have strong levels of solvency – or coverage – in terms of their capital adequacy under Solvency II, according to Fitch Ratings. 12 May 2016
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