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Coverys Syndicate 1975 has received approval from Lloyd’s to begin underwriting business with effect from Jan. 1, 2018. 19 December 2017
Insurance
Global fundraising for insurtech startups has already reached an all-time high in volume in 2018 as of October with 204 deals, following 202 deals in the full year of 2017 and 174 transactions in 2016, according to the latest The Insurtech M&A Market Report by Hampleton Partners. 20 November 2018
Reinsurance
SCOR said on Oct. 9 that Hurricanes Harvey, Irma and Maria, as well as the Mexico earthquakes, will cost the company €430 million net of retrocession and tax for the third quarter of 2017. 9 October 2017
Insurance
Everest Insurance has appointed Debbie Weiser as the new leader of excess casualty within Everest Specialty Casualty. 6 September 2017
Insurance
XL Catlin’s insurance operation in France and Benelux has launched new local underwriting capabilities with the appointment of Eric Zandvliet as head of political risk, credit & bond (PRCB). 23 January 2018
Insurance
SmarterSafer, a national coalition of environmental groups and insurance interests, has urged US lawmakers to find a long term and sustainable solution for the National Flood Insurance Program (NFIP) rather than allowing short-term extensions. 22 December 2017
Insurance
Zurich Insurance Group has acquired Hong Kong-based telematics business Bright Box and its subsidiaries. The insurer said it wants to increase its capabilities in connected car technologies and mobility. 22 December 2017
Insurance
The Ardonagh Group chief financial officer (CFO) Mark Mugge is moving out of his current role to work across the group on a series of key strategic initiatives being prioritised during 2018. 2 March 2018
Insurance
Supply chains, GDP growth and sustainability among the opportunities in the region post-pandemic. 7 July 2021
Insurance
A mid-June storm affecting parts of Saskatchewan and Manitoba resulted in more than C$90 million ($68.4 million) in insured damage, according to data from Catastrophe Indices and Quantification. 23 July 2018
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