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Recent catastrophes have revealed that some nat cat models might not be as up to date as they could be. Intelligent Insurer reports. 23 May 2019
Insurance
Protective Insurance Corporation, a US-based insurer specialising in commercial auto, has appointed Jeremy Johnson as new chief executive officer (CEO), and a member of its board of directors. 22 May 2019
Insurance
Munich Re Life has appointed Quentin Marsh as new chief financial officer (CFO) of US life and health. 22 May 2019
Insurance
Insurers that can show more empathy to their customers, especially in relation to the claims journey, will steal a march on their rivals – and artificial intelligence (AI) could be the key to making this a reality. 21 May 2019
Insurance
The Cayman Islands-based reinsurer Greenlight Re's insurtech unit has made a strategic investment in an online insurance and consumer dispute resolution start-up FairClaims. 20 May 2019
Insurance
Chicago-based insurtech Snapsheet, a provider of virtual claims technology for the personal and commercial insurance marketplace, has secured $29 million in Series E funding for global expansion. 20 May 2019
Insurance
Japan-based specialty reinsurer Sompo Holdings has predicted it will see “a record high” in its fiscal year 2019 (FY 2019) results for ordinary profit and consolidated net income, as it reported steady increases in net income for FY 2018. 20 May 2019
Insurance
Bermuda has been removed from the European Union's so-called blacklist list of "non-cooperative" jurisdictions following a meeting of EU finance ministers on May 17. 20 May 2019
Insurance
Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl. 17 May 2019
Insurance
US-based property/casualty insurer The Hartford has received all regulatory approvals necessary for the closing of its acquisition of global specialty insurance holding The Navigators Group. 17 May 2019
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