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Insurance
Cyclone Debbie insured losses reach A$306m so far: ICA
The Insurance Council of Australia (ICA) has estimated the insured losses from Tropical Cyclone Debbie at A$306 million (approximately $231.3 million) as of April 4, 9:00 AM local time.   4 April 2017
Insurance
RMS appoints senior vice president from AXIS Capital
Risk modelling company RMS has appointed Colin Kerley as senior vice president of platform solutions.   4 April 2017
Insurance
UPC Insurance completes merger with American Coastal
United Insurance Holdings (UPC), a property/casualty insurance holding company, has completed its merger with Florida-based American Coastal Insurance Company.   4 April 2017
Insurance
Insurance distributors seek growth via M&A: Report
Insurance distributors are seeking acquisitions as this is the most viable way to grow the business, according to Conning, an investment management firm for the global insurance industry.   4 April 2017
Insurance
Almost half of insurtech funding targets AI and IoT: Accenture
Artificial intelligence (AI) and the internet of things (IoT) accounted for almost half of total investment in insurtech startups globally in 2016, according to consultancy firm Accenture.   31 March 2017
Insurance
Underwriting losses prompt Lloyd’s chief financial officer to take action
Lloyd’s of London reported underwriting losses in all classes in the accident year 2016, driving the management to take action to improve underwriting quality and expenses.   31 March 2017
Insurance
Alliant prevails in employee "raid" lawsuit by rival Aon
A California jury has dismissed the poaching claims made by re/insurance broker Aon, and ruled in favour of insurance brokerage firm Alliant Insurance Services.   31 March 2017
Insurance
Insurance author retires from SVP role at Guy Carpenter after 40 years in industry
Senior vice president at Guy Carpenter, Keith Riley, has stepped down from his role and has entered retirement.   31 March 2017
Insurance
Marsh & McLennan appoints new CFO for unit following departure
Marsh & McLennan Companies (MMC) has appointed Keith Walsh as the chief financial officer (CFO) of Marsh with effect from May 1, 2017. He will be based in MMC's New York headquarters, and report to the chairman of risk and insurance services Peter Zaffino, and to MMC CFO Mark McGivney.   31 March 2017
Insurance
The Hartford names Tooker head of middle market
The Hartford, a US-based property/casualty insurance firm, has appointed Morris Tooker as the head of its middle market segment that offers multiline commercial insurance coverages for midsize and larger businesses.   31 March 2017

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