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Insurance
Sapiens launches new software for P&C and GI customers
Sapiens, the global provider of software solutions for the insurance industry, has launched its Sapiens IDIT Software Suite v13.1 to its property and casualty (P&C)/general insurance (GI) customers and business partners worldwide.   15 March 2016
Insurance
Starr appoints chief underwriting officer for liabilities group
Insurance firm Starr Companies has appointed Nick Lawrence as chief underwriting officer for the liabilities group.   4 September 2017
Insurance
Liberty appoints senior war and terrorism underwriter from Sompo
Liberty Mutual Insurance unit Liberty Specialty Markets (LSM) on Oct. 31 appointed Jennie Beard to the new role of senior underwriter war and terrorism.   31 October 2017
Insurance
$2bn of cat bonds issued by re/insurers in 1Q16
Insurers and reinsurers issued approximately $2 billion in catastrophe bonds in the first quarter of 2016, up 35 percent from last year’s record result, according to the latest Catastrophe Bond Report by Verisk Insurance Solutions.   7 April 2016
Insurance
AJG: Ethiopian Airlines / Boeing crash to cost insurers over $1bn
The Ethiopian Airlines crash on the 10 March 2019, and the subsequent worldwide grounding of the Boeing 737 Max fleet, “could cost aviation insurers over $1bn combined”, the broker AJ Gallagher has estimated.   16 July 2019
Insurance
Commercial insurance pricing up in Q2
Global commercial insurance prices rose in the second quarter of 2018 for the third consecutive quarter, according to Marsh.   9 August 2018
Insurance
Willis Re attempts to add ‘silent cyber’ to risk model
Willis Re has upgraded its cyber risk portfolio modelling tool PRISM-Re to now include what it has termed silent cyber – cyber losses arising from insurance policies not specifically designed to cover cyber risk.   9 January 2018
Insurance
Stephen Catlin launches re/insurance start-up Convex with $1.8bn capital raise; secures A- rating from AM Best
Insurance veteran Stephen Catlin and Paul Brand have launched a new specialty re/insurer focused on complex risks with an initial capital commitment of $1.8 billion, and an "exceptional group" of underwriting experts.   30 April 2019
Insurance
Enstar in reinsurance-to-close deal with Neon’s Syndicate 2468
StarStone Underwriting, the Lloyd’s managing agency belonging to legacy acquisition specialist Enstar Group, has signed a letter of agreement with Neon Underwriting for Enstar’s Syndicate 2008 to undertake a reinsurance-to-close transaction.   21 December 2017
Insurance
Gramercy Risk raises cash for venture into insurance
Gramercy Risk Holdings, a New York-based insurance programmes management platform, has raised an undisclosed amount of equity capital, which it plans to use to buy and capitalise a shell insurance company.   21 December 2017

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