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Insurance
Bermuda-based specialist insurer Hiscox said on Oct. 2 that it estimates the combined net claims from Hurricane Harvey and Hurricane Irma at approximately $225 million. 2 October 2017
Insurance
SCOR has reached an agreement concerning a cat excess of loss deal with the Iranian insurance regulator Bimeh Markazi Iran, the organisation said in a Sept. 29 press release. 2 October 2017
Insurance
CATCo Reinsurance Opportunities Fund said on Oct. 2 that the board and Markel CATCo Investment Management, the company's investment manager, are proposing to raise further funds via the Markel CATCo Diversified Fund. 2 October 2017
Insurance
Specialist reinsurance broker Capsicum Re has bolstered its cyber team with the appointment of Conrad Williams. 2 October 2017
Insurance
The Lloyds loss disclosure of $4.5 billion from Hurricane’s Harvey and Irma leaves open a possibility for another large loss estimate for Maria, Credit Suisse analysts said in a Sept. 28 note. 29 September 2017
Insurance
Brian Duperreault, the chief executive of American International Group (AIG), has revealed several changes to the company’s organisational structure in an overhaul that has resulted in the departure of Rob Schimek, CEO of the insurer’s commercial business. 25 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
Maurice “Hank” Greenberg, former CEO of American International Group (AIG) may pursue large parts of his defamation lawsuit against former New York Attorney General Eliot Spitzer, a New York state appeals court ruled, Reuters reported on Sept. 14. 15 September 2017
Insurance
Insurance, claims and regulatory service provider Davies Group said on Sept. 15 that it is acquiring specialist insurance and professional services provider Ambant. 15 September 2017
Insurance
Global reinsurers will incur notable losses from Hurricane Irma, but the storm will have only a limited impact on the sector’s capital, ratings agency AM Best said in a Sept. 14 report. 15 September 2017
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