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Recent hurricanes only an earnings event for SCOR
Hurricanes Harvey and Irma are expected to represent an earnings event rather than a capital event for SCOR in the third quarter of 2017, the reinsurer has said.   26 September 2017
Insurance
Applying military-grade intelligence to a multi-billion dollar fraud problem
Insurance fraud continues to be a big problem for most insurers, costing them millions and harming their profits. One insurtech start-up is looking to help insurers tackle this by applying military-grade intelligence techniques to the problem.   26 September 2017
Insurance
Lloyd’s appoints SCOR exec as new head of risk aggregation
Lloyd’s has appointed Kirsten Mitchell-Wallace, currently SCOR’s EMEA regional head for catastrophe management in Zurich, as its new head of risk aggregation.   26 September 2017
Insurance
Pool Re publishes first quantitative assessment of terrorism
Pool Re, the UK terrorism reinsurance pool, has published its first quantitative assessment of terrorism in 2016, analysing the frequency and severity of terrorism events in its new Terrorism Threat and Mitigation Report.   26 September 2017
Insurance
Ironshore expands agency business into US and London Markets
Ironshore, a Liberty Mutual Company, has expanded its underwriting agency business into the US and London Markets, which will be led by the financial lines manager of Iron-Starr Excess Agency Steve Horton.   26 September 2017
Insurance
Hurricane Maria losses could reach $85bn
Insured losses for Hurricane Maria in the Caribbean will be between $40 billion and $85 billion with Puerto Rico accounting for more than 85 percent of the loss, according to catastrophe modelling firm AIR Worldwide.   26 September 2017
Insurance
AXIS reveals time table to finalise Novae deal
AXIS has revealed the timeline for it to complete its acquisition of Novae following consultation with the European Commission and other regulators.   26 September 2017
Insurance
MarketScout unveils $25m insurtech venture fund
Dallas-based insurance exchange and MGA MarketScout is set to launch a $25 million venture fund for tech-enabled insurance distribution.   26 September 2017
Insurance
Starr seeks geographical and product line expansion with new hires
Starr Companies has revealed several appointments and promotions in its US and London business units.   26 September 2017
Insurance
Insurers must reduce risks to customers’ data, claims start-up founder
Matt Hodges-Long, founder of insurtech start-up TrackMyRisks, has warned insurers to stop sending email attachments and start sharing information with their customers instead.   26 September 2017

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