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Hannover Re said on Sept. 21 that it expects nat cat events to exceed its large loss budget which is likely to result in the company missing its targeted €1 billion group net income in 2017. 21 September 2017
Insurance
Risk modelling and data analytics firm RMS said on Sept. 20 that it partnered with cloud computing platform Microsoft Azure to help insurance companies to overcome limitations to their business agility. 20 September 2017
Insurance
Bermuda-based specialist insurer Hiscox appointed Tom Shewry to the role of director of group finance. 20 September 2017
Insurance
London-based insurtech company Concirrus launched an AI-powered marine insurance analytics platform called Quest. 20 September 2017
Insurance
The specialised agency of the African Union African Risk Capacity (ARC) has launched an outbreak & epidemic (O&E) insurance for African governments. 20 September 2017
News
Broker JLT Re has partnered with data repository and risk management provider kWh Analytics to create a risk transfer product insuring solar energy output. 20 September 2017
News
Africa Reinsurance Corporation (Africa Re) said on Sept. 19 that Daryl De Vos, managing director of Africa Re South Africa (ARCSA) has resigned. 20 September 2017
Insurance
The vast majority of insurers want to stay as far away as possible from their customers – but if they are to be successful in the digital age, this must change. 20 September 2017
Insurance
Hurricane Maria is set to hit the same Caribbean/Puerto Rican insurers which have already been impacted by Hurricane Irma, AM Best said in a Sept. 19 report. 20 September 2017
Insurance
Bermuda-based property/casualty re/insurer XL Group said on Sept. 19 that it decided to move its principal European Union insurance company, XL Insurance Company, from the UK to Ireland in 2018 in response to Brexit. 19 September 2017
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