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Insurance
Bermuda-based Validus Holdings said on Oct. 9 that it expects to record losses from third quarter natural catastrophes in the amount of $378.9 million. 10 October 2017
Insurance
Lockton Re, the reinsurance intermediary business of Lockton, has hired Charles LaLone as managing director in the US. 9 October 2017
Insurance
Zurich Insurance Group said that Farmers Re faced a hit of no more than $20 million in the second half from catastrophes such as Hurricanes Irma and Harvey. 4 October 2017
Insurance
Willis Towers Watson has launched a new hub to focus on facultative reinsurance business across the DACH region of Germany, Austria, and Switzerland. 4 October 2017
Insurance
Reinsurance broker Guy Carpenter & Company has appointed Claude Yoder as managing director and global chief innovation and product development officer. 4 October 2017
Insurance
UK insurtech firm PremFina said on Oct. 4 that it raised $36 million in equity funding and a debt facility. 4 October 2017
Insurance
American International Group (AIG) has appointed Charles Fry as head of reinsurance, operations and transformation, general insurance. 3 October 2017
Insurance
AM Best has removed from under review with positive implications and upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating of A (Excellent) of Atlantic Specialty Insurance Company and its rated affiliates. Collectively, these companies are referred to as OneBeacon Insurance Group. 3 October 2017
Insurance
The blockchain insurance industry initiative B3i is including 23 new members for its market testing programme. 2 October 2017
Alternative Risk Transfer
2017 has already seen far more than the anticipated level of insurance linked securities business – and the year isn’t even over yet, Paul Schultz, CEO of Aon Securities tells Intelligent ILS. 28 September 2017
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