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Hurricane Barry insurance losses at least $300 million, says risk modeller KCC
Insurance
Insured losses from storm system Barry, which was briefly a hurricane, will be close to $300 million, according to Karen Clark & Company (KCC).   17 July 2019
Blockchain insurance initiative B3i confirms John Carolin as CEO
Insurance
B3i Services, the blockchain insurance industry initiative, has appointed John Carolin as its chief executive officer (CEO).   17 July 2019
Markel agrees out of court deals with former CatCo CEOs over ‘wrongful termination’ claims
Insurance
Markel has reached an out of court agreement with two former CatCo executives to resolve claims for a total of $73.4 million for alleged “wrongful termination” of employment.   17 July 2019
Insurance
Allianz Group's specialist corporate insurer Allianz Global Corporate & Specialty SE (AGCS) has appointed Linda Regner Dykeman as its new chief agent of Canada.   17 July 2019
Insurance
US-based specialty property/casualty insurer ProSight Global has launched its initial public offering (IPO) of approximately 8.8 million shares of common stock on the New York Stock Exchange.   17 July 2019
Insurance
US insurance brokerage and risk management firm Risk Strategies has acquired California-based Winter Group, a specialty insurance programme manager with a focus on the trucking industry.   17 July 2019
Insurance
Louisiana-headquartered Fidelis Group Holdings (FGH) has hired Mark Taylor as senior manager of its claims division.   16 July 2019
Insurance
Apollo Syndicate Management, an independent specialist re/insurer at Lloyd’s, has appointed Nick Burkinshaw to the newly-created board level position of chief underwriting officer (CUO).   16 July 2019
Insurance
UK insurers will be “hugely disappointed” as the injury damages rate, the Ogden discount rate, was set at minus 0.25 percent today to come into force on August 5, 2019.   15 July 2019
Insurance
Zurich Insurance Group has appointed Alison Martin to the role of chief executive officer (CEO) Europe, Middle East & Africa (EMEA) and bank distribution with immediate effect.   10 July 2019

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