News
Insurance
Insured losses from Hurricane Maria will be between $15 and $30 billion, according to estimates by risk modelling firm RMS. 29 September 2017
Insurance
Following the devastation caused by Hurricane Maria, 2017 catastrophe losses for the global insurance and reinsurance sectors will exceed $100 billion and could reach close to $190 billion on a pre-tax basis, according to Fitch Ratings. 27 September 2017
Insurance
The Bermuda market passed the tests of 2017, which took the form of heavy losses triggered by large catastrophe claims, with flying colours, according to the CEO of The Association of Bermuda Insurers and Reinsurers (ABIR), speaking in relation to the results of its annual survey and report. 4 July 2018
Insurance
Israel-based insurtech start-up Planck Re, an artificial intelligence (AI) driven commercial insurance data platform, has raised $12 million Series A in its first funding round. 4 July 2018
Insurance
XL Catlin has strengthened its marine underwriting team in Latin America with a series of new hires and promotions. 22 June 2017
Insurance
XL Catlin's excess and surplus (E&S) insurance team has named Caitlin Murphy to the role of Eastern regional vice president, E&S property. 22 June 2017
Insurance
Blockchain technology company Bitfury Group and risk and insurance advisory firm Risk Cooperative have entered into a strategic partnership to drive blockchain applications in the $60 billion insurance intermediation market. 19 June 2017
Insurance
The British Insurance Brokers Association (BIBA) has echoed the concerns of other bodies in arguing that the draft Brexit agreement revealed today (November 15) does not offer a solution for UK brokers trading with retail and commercial customers in Europe. 15 November 2018
Insurance
Endurance Specialty Holdings, the Bermuda-based specialty re/insurer, has appointed Giles Quartly as senior vice president and head of international casualty insurance. 3 March 2016
Insurance
Spain’s insurance group Mapfre is acquiring full control of the Brazilian non-life and life businesses of its strategic venture with Banco do Brasil for €546 million. 27 June 2018
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