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Insurance
Insurwave, a blockchain platform to support marine hull insurance is now being used by members of the marine industry. 25 May 2018
Insurance
French insurer AXA and car-hailing app Uber have partnered to offer benefits to all Uber’s independent partner drivers and couriers in Europe. 23 May 2018
Insurance
Taking into consideration a Deutsche Bank valuation of AmTrust Financial Services, the insurer’s shares should be worth between $26.06 and $31.86, and not the $13.50 that is being offered to take the company private, billionaire investor Carl Icahn argued in a May 23 presentation. 23 May 2018
Insurance
Millstream Underwriting, part of specialty managing general agent Nexus Group has become an approved Lloyd’s coverholder. 23 May 2018
Insurance
AmTrust Financial Services CEO Barry Zyskind continues to expect the transaction to turn the specialty property/casualty insurer into a privately held company to occur in the second half of 2018 despite the recent intervention by billionaire investor Carl Icahn. 21 May 2018
News
African Reinsurance Corporation grew gross written premium by 26.3 percent year on year to $211.1 million in the first quarter of 2018 driven by “successful” January renewals combined with a “slight hardening” in the South African reinsurance market. 21 May 2018
Insurance
Chubb was the top US cyber insurer in 2017, rising past American International Group (AIG) and XL Catlin, according to AM Best. 21 May 2018
Insurance
Castel Underwriting Agencies, an MGA formation platform that supports individual underwriters with smaller books of niche business, has expanded its Castel Specialty portfolio with the addition of a political risk book. 21 May 2018
Insurance
Cyber could contribute 30 percent to Beazley’s underwriting earnings by 2020, according to Jefferies analysts. 21 May 2018
Insurance
Crawford & Company (Canada), a provider of claims management solutions, has appointed Sandra Harbans to its Lloyd’s unit as director of operations. Harbans has previously worked for SCOR and Northbridge. 21 May 2018
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