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Insurance
Munich Re has tested and insured the fraud prevention solution of German and Israeli start-up Fraugster, which uses artificial intelligence (AI) technology to detects payment frauds and improve the security of online sales. 23 April 2018
Insurance
London-based commercial property MGA, European Property Underwriting (EPUL), has launched a flexible UK and Northern Ireland terrorism solution offering cost-effective cover as an alternative to Pool Re. 11 June 2018
Insurance
Dutch insurer NN Group has appointed Fabian Rupprecht as CEO international insurance replacing Robin Spencer who stepped down effective June 1, 2018 to join Prudential Corporation Asia (PCA), a business unit of Prudential, as chief operating officer. 16 August 2018
Insurance
Ironshore International’s Pembroke Managing Agency, the third-party managing agent for Patria Re, a Lloyd’s approved Special Purpose Arrangement (SPA), has added a number of treaty property leaders to the Patria Re underwriting team. 17 July 2017
Insurance
Hurricane Florence is currently a category 4 hurricane and may intensify to a category 5 hurricane in the next 24 hours, according to data provider AIR. 12 September 2018
Insurance
Berkley Insurance Company, a subsidiary of WR Berkley Corporation, has appointed Naomi Kinderman and Beth Zaro Green as vice presidents – claims senior counsel. 23 May 2017
Insurance
Although the German motor insurance market has seen a hard cycle of rising prices since 2011, it does not expect to see a rapid return to a soft cycle, S&P Global Ratings has said in a report. 20 December 2016
Insurance
Pioneer Underwriters has launched a new business in Latin America. It has opened a regional hub in Mexico City and appointed four senior insurance professionals as senior vice presidents. 8 January 2018
Insurance
Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl. 17 May 2019
Insurance
UK-based personal lines insurer esure has received £1.2 billion acquisition offer from private equity firm Bain Capital in a deal that would take esure private. 14 August 2018
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