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Insurance
Insurdata raises over $1m in seed funding
Insurdata, an insurtech firm which intelligently captures, enhances, scores and transfers high-resolution, peril-specific exposure and risk data, has raised over $1 million in seed financing from investors including Menlo Ventures, Anthemis Baloise Strategic Ventures and Plug and Play.   24 October 2017
Insurance
Everest makes senior hire to expand excess casualty offering in energy
Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has hired Andreas Graham to join its excess casualty team and lead the expansion of energy portfolio and capabilities.   11 July 2017
Insurance
AXIS Capital outlook revised to negative post Novae acquisition
S&P Global Ratings has revised the outlook for Bermuda-based AXIS Capital Holdings to negative from stable, reflecting its concerns that AXIS' capital redundancy will significantly diminish after the deal acquisition of Novae Group.   10 July 2017
Insurance
US Risk Insurance Group acquires IMS London American
Texas-based US Risk Insurance Group, a specialty lines underwriting manager and property/casualty wholesale broker, has acquired IMS London American Brokerage and Underwriting Services.   10 July 2017
Insurance
Texas chemical factory likely to explode due to Harvey
French chemicals producer Arkema warned on Aug. 30 that its Crosby, Texas facility which makes organic peroxides is likely to explode and cause a subsequent intense fire.   31 August 2017
Insurance
Insurers discuss consequences of US corporate tax reform
US insurers are generally welcoming the corporate tax reform but are cautious against unintended consequences, according to analysts from research firm CreditSights.   8 December 2017
Insurance
Markel poaches Ariel Re head of claims
Specialist insurer Markel International has appointed Chris O’Shea as head of reinsurance claims.   10 October 2016
Insurance
Southern California wildfires burn homes, force evacuations
About 200,000 residents have been evacuated in Southern California as multiple wildfires have burned homes.   8 December 2017
Insurance
AIG in $600m Arch share sale
Bermuda-based Arch Capital Group said June 8 that it launched an underwritten public secondary offering of 6,381,410 common shares "by certain selling shareholders affiliated with American International Group."   9 June 2017
Insurance
Ironshore increases capacity for political risk in Singapore, hires from AIG
Ironshore Insurance Singapore branch said on Oct. 19 that it is increasing the capacity for political risk business lines within the Political Risk & Trade Credit unit as demand grows.   19 October 2017

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