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Insurance
Re/insurer XL Catlin has hired a senior executive from Everest National Insurance for its global excess casualty insurance business. 1 February 2018
Insurance
US property/casualty insurer AmTrust Financial Services has partnered with several Israeli technology startups in order to automate and enhance business processes, according to a Feb. 1 press release. 1 February 2018
Insurance
Bermuda-based RenaissanceRe Holdings reported a net loss attributable to shareholders of $3.5 million for the fourth quarter of 2017 but claims “strong execution at the January 1 renewals”. 1 February 2018
Insurance
Insurers have received nearly 45,000 insurance claims totalling more than $11.79 billion in losses from the wildfires that burned across the state in October and December 2017, according to insurance commissioner Dave Jones. 1 February 2018
Insurance
Storm Friederike is expected to increase German property/casualty (P&C) insurers’ full-year 2018 combined ratio by 1 to 2 percentage points, according to Moody’s. 31 January 2018
Insurance
UK-based insurtech firm Inzura has completed its first major funding round raising $1 million in funds. 31 January 2018
Alternative Risk Transfer
Institutional asset owners are increasingly confident in allocating to insurance-linked securities (ILS) and would remain invested even after a major hurricane, according to a recent survey of 100 institutional asset allocators. 31 January 2018
Insurance
Cloud-based property management solutions provider TenantCloud is partnering with risk manager Assurant, according to a Jan. 30 press release. 31 January 2018
Insurance
Swiss Re has further strengthened its presence in Asia with the launch of its regional headquarters Swiss Re Asia in Singapore, and appointed a new regional board of directors for the entity. 31 January 2018
Alternative Risk Transfer
Nephila Holdings is expanding its weather and ESG-driven business with the launch of a new specialty division, Nephila Climate (NCx). 31 January 2018
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