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Insurtech CoverHound attracts $58m investment from Hiscox, Chubb, MS&AD
Insurance
Specialist insurer Hiscox has led a $58 million Series D funding round of insurtech CoverHound, with additional investors including Chubb, Aflac Ventures and Japan-based MS&AD.   6 February 2019
Chubb’s Greenberg lauds good results despite high catastrophe losses
Insurance
Chubb 2018 results show “a very good year” despite higher catastrophe losses than expected, said Evan G. Greenberg, chairman and chief executive officer of the property and casualty insurance firm.   6 February 2019
AXA to offer travel insurance in China via WeChat
Insurance
French insurance group AXA has unveiled a new programme AXA Go in China to offer travel insurance through Chinese messaging app WeChat.   5 February 2019
Insurance
Specialty insurance company ProAssurance Corporation is expecting to report a net loss of $9 million to $10.5 million from its London market business, prompting a "strategic review" of its Lloyd's syndicates.   5 February 2019
Insurance
Re/insurance Aon has formed a strategic alliance with insurtech firm Claim Central to digitise and streamline its claim management capabilities, and drive innovation.   5 February 2019
Insurance
Efforts by Lloyd’s of London to transform the market from a predominantly paper-based system to a digital one have shown “significant” progress in the final quarter of 2018, figures show.   5 February 2019
Insurance
Insurer Chubb has launched a new media industry practice for the UK and Ireland in response to "segment growth and feedback from key broker partners".   5 February 2019
Insurance
WR Berkley Corporation has appointed Arthur Davis as new president of Vela Insurance Services, succeeding David Jordan, who has moved to another senior leadership position at a Berkley portfolio company.   5 February 2019
Insurance
Global Risk Partners (GRP), a specialist investment vehicle for brokers and managing general agents (MGAs), has acquired a UK-based firm with a portfolio of nine leading specialist insurance broking and managing general agency (MGA) businesses.   5 February 2019
Insurance
Current insurance losses for the Townsville floods in Australia are valued at $45 million, from 3,500 claims, however, the Insurance Council of Australia (ICA) expects these figures to rise as people begin to return home to assess the damage.   5 February 2019

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