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Israeli insurtech startup Nexar has raised $30 million in Series B funding to support its next phase of expansion while appointing new members to the executive team. 24 January 2018
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
Swiss Re has signed a reinsurance agreement with Bansabadell Vida, the life joint venture of Zurich Insurance and Spanish banking group Banc Sabadell, to reinsure its individual life risk portfolio for an amount of €683.7 million, as a reinsurance commission. 25 July 2017
Insurance
Lloyd's underwriting syndicate DTW1991, which was established by Randall & Quilter Managing Agency (R&Q) in January 2013, has appointed John Cowell as senior underwriter, and Ed Colville as underwriter in its UK and international underwriting team. 25 July 2017
Insurance
Citizens Property Insurance Corporation posted a net loss of $944.2 million for the period between January and September 2017. 20 November 2017
Insurance
Broker Willis Towers Watson said on Aug. 21 that Michael Burwell has become its new chief financial officer (CFO). 21 August 2017
Insurance
RenaissanceRe enjoyed strong growth in the second quarter in both its property book and its casualty book and its profits grew. But it warned that “meaningful uncertainty” remains around the scale of claims stemming from many of the big catastrophes that hit its profits last year. 25 July 2018
Insurance
New York-based property/casualty insurer AmTrust Financial Services has denied it was the subject of an investigation by the FBI in 2014 with respect to its accounting practices initiated by complaints made by short sellers, as alleged in a Wall Street Journal (WSJ) article dated April 11. 12 April 2017
Insurance
European run-off insurance company DARAG has appointed Tullio Ferrucci as CEO of DARAG Italia. 13 October 2017
Insurance
Investment bank analysts have calculated and explained how the huge insured losses from COVID-19 are likely to pan out for the industry, particular companies and lines, and are affecting already firming prices. Intelligent Insurer reports. 30 April 2020
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