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FedNat Holding Company estimates that its aggregate gross losses as a result of hurricane Michael will be approximately $275 million, the bulk of which will be covered by reinsurance. 16 October 2018
Insurance
XL Catlin and Ventus Risk Management, a newly formed managing general underwriter (MGU), have formed a partnership that will allow Ventus to provide commercial property insurance offerings for small and mid-sized enterprises (SMEs). 10 February 2016
Insurance
Two in five insurance businesses in the life and non-life insurance sectors have emerged in less than a decade, since 2010, according to a study of Companies House data by digital home insurer Policy Expert. 12 July 2019
Insurance
Modus, a managing general agent (MGA) that specialises in electronically traded insurance products, has made a number of appointments to its management team. 6 October 2015
Insurance
Insurer ACE has announced the members of the leadership team it intends to appoint for the European Group of the new Chubb Group’s overseas general insurance division, which includes Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Gibraltar, Hungary, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland and the UK. 24 November 2015
Insurance
US-based property/casualty insurer Travelers has acquired a majority stake, approximately 60 percent, in the Canadian fintech start-up Zensurance for roughly C$16 million ($12.2 million), according to BetaKit. 24 August 2018
Insurance
Gerald Stephens, the founder of US specialty insurer RLI, has passed away at the age of 86. 24 August 2018
Insurance
Global broking company Brokerslink has appointed one of its founders and former CEO José Manuel Fonseca as its new chairman. 12 October 2018
Insurance
Despite a slowdown in growth, the outlook for the Brazilian insurance sector remains stable, says Moody’s. 18 December 2014
Alternative Risk Transfer
Specialist insurer Hiscox has made two new appointments within its reinsurance and insurance-linked securities (ILS) business, and named chief underwriting officer for Hiscox USA. 1 August 2019
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