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Marine insurance-focused The Navigators Group reported a stable combined ratio for the fourth quarter of 2017 while the ratio climbed in the full year on the back of natural catastrophes. 16 February 2018
Insurance
Everest Re Group has appointed Shaun Safi as vice president in the US property team of Everest Insurance. He joins from Zurich Insurance. 16 February 2018
Insurance
Data analytics provider Verisk's business Geomni has enhanced its drone service for properties with the launch of its new mobile app for ground imagery and unmanned aerial vehicle (UAV) inspections. 16 February 2018
Insurance
Microsoft has teamed up with Flyreel, an artificial intelligence (AI)-assisted underwriting solution for commercial and residential properties, according to a Feb. 15 press release. 15 February 2018
Insurance
XL Group CEO Michael McGavick said that he is not surprised that there is speculation about a potential takeover of XL Group by other market players. 14 February 2018
Insurance
Specialty re/insurer Brit has completed the fourth annual renewal and expansion of its Bermuda domiciled special purpose insurer Versutus, the company said in a Feb. 14 press release. 14 February 2018
Insurance
Trade credit insurer Euler Hermes has made three management board changes as its group chief financial officer and chief operating officer are leaving to pursue opportunities outside the company. 13 February 2018
Insurance
Re/insurer XL Catlin has appointed Phil Xue as chief executive officer of XL Insurance China. 12 February 2018
Insurance
The combination of continued competitive pressures, the effects of US tax reform and catastrophe losses in 2017 is leading to speculation of more mergers and acquisitions (M&A) among re/insurers in 2018, especially in the Bermuda market, says Fitch Ratings. 12 February 2018
Insurance
Bermuda-based Sirius International Insurance Group has entered into a three-year $300 million senior unsecured revolving credit facility through its indirectly wholly-owned subsidiary Sirius International Group. 12 February 2018
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