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Silicon Valley-based Venture capital firm Plug and Play Ventures has invested in California-based artificial intelligence (AI) startup Betterview. 20 November 2018
Insurance
Broker Aon has launched an intangible asset insurance cover in line with the change in business models. 20 November 2018
Insurance
S&P Global Ratings expects the insured losses from wildfires in northern and southern California to be contained as an earnings event and for the reinsurance sector to be able to absorb the impact from these fires as well as recent hurricanes although catastrophe budgets will be strained. 19 November 2018
Insurance
Wildfire losses in California will reach record levels in 2018 after three different fires erupted in November and will force insurers to re-price and reassess their California exposures, according to AM Best estimates. 14 November 2018
Insurance
Everest Insurance has hired OneBeacon and Starr executives for its Everest Specialty Underwriters Private Company/Not-for-Profit group. 14 November 2018
Insurance
Primary insurers rather than reinsurers will bear the majority of losses produced by the wildfires that are currently scorching parts of California, according to KBW analyst Meyer Shields. 12 November 2018
Insurance
Changes in US corporation tax as well as an improved performance in number of lines of business including commercial lines and personal lines boosted third quarter results at The Hartford in 2018. 26 October 2018
Insurance
American International Group (AIG) has received the final approval from the High Court of England & Wales to split its European business among two new entities ahead of the UK’s exit from the European Union. 26 October 2018
News
Reinsurance Group of America (RGA) has reported third-quarter net income of $301.2 million, up on the $227.6 million it made in the prior-year quarter. 26 October 2018
Insurance
AmTrust at Lloyd’s (ATL) has appointed Lucy Forcey as senior underwriter of North American property catastrophe treaty, a new line of business for ATL Syndicate 1861. 26 October 2018
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