Articles
Insurance
The Bermuda market passed the tests of 2017, which took the form of heavy losses triggered by large catastrophe claims, with flying colours, according to the CEO of The Association of Bermuda Insurers and Reinsurers (ABIR), speaking in relation to the results of its annual survey and report. 4 July 2018
Insurance
Israel-based insurtech start-up Planck Re, an artificial intelligence (AI) driven commercial insurance data platform, has raised $12 million Series A in its first funding round. 4 July 2018
News
Broker Ed has hired Souvik Goswami in its Dubai office to lead its treaty business across the Middle East and North Africa (MENA), as well as India and the Indian sub-continent. 4 July 2018
Insurance
Mitsui Sumitomo Insurance Company Europe (MSIEU), a wholly owned subsidiary of MSI, has concluded strategic alliance agreements with ICEA LION General Insurance Company in Kenya, and International Commercial and Engineering Seguros (ICE) in Mozambique. 4 July 2018
Insurance
Marsh & McLennan Agency (MMA), the middle market agency subsidiary of Marsh, has acquired Klein Agency, a St. Paul, Minnesota-based surety and property/casualty agency specialising in the construction industry. 4 July 2018
Insurance
Swiss Re Corporate Solutions has opened a new office in Hamburg, Germany to grow its regional commercial insurance portfolio. 3 July 2018
Insurance
US personal lines insurer Allstate is expanding its partnership with Uber Technologies with a new commercial auto offering in the New York State. 2 July 2018
Insurance
London-based Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has appointed Bob Cowdell as its first independent non-executive chairman. 2 July 2018
Insurance
Insurance broker Brown & Brown has acquired US-based Health Special Risk (HSR), a provider of third-party administration (TPA) and managing general underwriting (MGU) services for special risk and accident & health insurance. 2 July 2018
Insurance
The loss estimate for extratropical cyclone Burglind, also known as Eleanor, was lifted to €724 million by insurance data provider PERILS. 2 July 2018
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