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Insurance
Hurricane Florence to expose gaps in flood insurance
Hurricane Florence is likely to expose the flood protection gap of homeowners in the Carolinas and other vulnerable regions, according to the Associated Press.   18 September 2018
Insurance
Ascot MGA Ethos appoints new CEO
Ascot Group’s US managing general agent (MGA) platform Ethos Specialty Insurance Services has appointed Rory Cline as its new president and CEO.   18 September 2018
Insurance
Thomas Miller acquires MGA operations
Insurer Thomas Miller has acquired the managing general agency (MGA) and insurance services operations of Hamburg-headquartered specialist insurance services group Zeller Associates.   18 September 2018
Insurance
Hurricane Florence insured loss estimated at $2.5bn
Insured losses from Hurricane Florence will be around $2.5 billion, according to KCC estimates.   18 September 2018
Insurance
Insurtech Setoo secures €8m funding from AXA
Setoo, a London-based insurance and protection-as-a-service company, has closed an €8 million Series A funding round with AXA’s insurtech startup studio Kamet.   18 September 2018
Insurance
Hurricane Florence to cause $30-60bn economic loss
Hurricane Florence will cause $30-60 billion in economic impact and damage, according to estimates by commercial weather forecasting services provider AccuWeather.   14 September 2018
Insurance
Hurricane Florence hits US East Coast
Tens of thousands of homes are without power and sea water is sloshing through coastal streets as hurricane Florence begins lashing the US East Coast, according to a BBC News Sept. 15 report.   14 September 2018
Insurance
US P/C insurers benefit from excess & surplus lines rebound
A recovery of the US excess and surplus (E&S) lines insurance market is benefitting US property & casualty (P/C) insurance companies, according to a Fitch Ratings report.   14 September 2018
Insurance
Liberty taps Allianz exec to develop UK, international coverholder business
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Lewis Edwards to the newly created role of head of underwriting, delegated authority for specialty lines.   14 September 2018
Insurance
SCOR to sell its employee wellness solutions unit Rehalto
French reinsurer SCOR is in exclusive negotiations with the employee support services provider Workplace Options to sell SCOR Global Life's employee wellness solutions subsidiary Rehalto.   14 September 2018

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