News

Insurance

AI insurtech Betterview partners with Synpulse to improve P&C underwriting cycle

California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has partnered with Zurich-based Synpulse to improve the property and casualty (P&C) underwriting process for insurers.   20 September 2019

Insurance

Chubb appoints new head of surety for Europe, UK & Ireland

Property/casualty insurer Chubb has appointed Mike Berry to serve as head of surety for Europe, and Jamal Griffith as head of surety for the UK and Ireland.   7 September 2018

News

P&C reinsurance rates expected flat or falling in 2019

P&C reinsurance buyers said they expected reinsurance prices to remain flat or fall slightly during 2019, reflecting intense competitive pressure amid increased take-up of alternative capital and abundant total capacity, according to a Moody’s survey.   7 September 2018

Insurance

Mapfre Re upgraded by AM Best

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” of Spain-based Mapfre Re. Mapfre Re is a subsidiary of Mapfre, the non-operating holding company of the Mapfre group.   7 September 2018

Insurance

Brown & Brown acquires US broker Hays Companies

Broker Brown & Brown is acquiring the insurance operations of Minneapolis-based Hays Companies, a brokerage firm that operates across 21 US states.   23 October 2018

Insurance

December 2018 Sydney hailstorms property losses A$798m ($550m) - PERILS

The figure is PERILS’ fourth and final property loss estimate for the hailstorms.   20 December 2019

Insurance

AmTrust taps Talbot trio to boost A&H management at Lloyd's

Property/casualty insurer AmTrust Financial Services has build a new management team to expand its accident & health (A&H) Lloyd’s offering and capabilities across its international operations.   7 March 2018

Insurance

Liberty Specialty creates new senior role for Xchanging exec

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has appointed Paula Wilson to the newly-created role of head of marketing.   16 March 2018

Insurance

UK's PIB Group acquires Cobra group of companies

UK-based insurance intermediary PIB Group has acquired the Cobra group of companies, taking the amount of premium placed or influenced by PIB from £550 million to £900 million.   5 June 2019

Insurance

Zurich’s financial leverage to be hit by losses: Moody’s

US credit rating firm Moody’s has said it expects Zurich’s earnings coverage and capital and financial leverage to be negatively affected by the insurer’s announcement that it will show some $100 million of operating losses in its general business for its fourth-quarter 2015 earnings.   25 January 2016

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