Articles
Insurance
Tropical cyclone Owen is forecast to move towards the Queensland coast in Australia and may reach category 3 intensity by Thursday morning, December 13, according the country’s Bureau of Meteorology. 12 December 2018
Insurance
Private equity firm Odysseus Alternative Ventures (OAV) has partnered with the APICIL Group, a French social protection provider, to create Insurtech Capital I. with a commitment of €10m. 12 December 2018
Insurance
New England Asset Management (NEAM) has appointed Rui Wang as an enterprise capital return & risk management professional in London. 12 December 2018
Insurance
The group chief financial officer (CFO) of Hyperion Insurance Group, Oliver Corbett, is leaving the company at the end of December. 10 December 2018
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has withdrawn from the Hong Kong employees’ compensation (EC) terrorism pool for policies starting or renewing on or after Dec. 1, 2018. 10 December 2018
Insurance
Swiss Re Corporate Solutions has appointed new leaders for its global casualty and excess & surplus (E&S) North American business lines. 6 December 2018
Insurance
Chubb believes that it can achieve more than $350 million in savings by year-end 2022 and $500 million by year-end 2023 through the use of robotics and artificial intelligence (AI) as it eliminates low-value activities, according to a December 2018 investor presentation. 4 December 2018
Insurance
Authorities have ordered more than 10,000 people to flee from “catastrophic” wildfires in north-east Australia while heavy rainfall in the south-east has caused flooding leaving at least two people dead, according to news reports. 29 November 2018
Insurance
Japans three major insurance groups Tokio Marine Holdings (TMHD), Sompo Holdings and MS&AD Insurance Group Holdings are expected to remain profitable in fiscal 2018 (April-March) despite record high domestic wind and flood catastrophe losses, according to Moody’s. 28 November 2018
Insurance
US-based multiple-line insurer Mercury General Corporation will pass on most of the expected $253 million losses from the Camp and Woolsey wildfires in California to reinsurers. 28 November 2018
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