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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
Insurance
A failure of models could turn the market
Some re/insurance executives yearn for the heady days of a hard market but most are more realistic, given the abundance of capital in the industry. The recent hurricanes have given the market an insight into just how rates might respond to big losses, as Intelligent Insurer reports.   25 September 2017
Insurance
Beale mulls ILS solution to protect Lloyd’s market using new UK regulations
Lloyd’s is exploring the possibility of issuing insurance-linked securities (ILS) using new regulations that will allow them to be issued from the UK to protect the market, Inga Beale, chief executive of Lloyd’s, told Monte Carlo Today.   13 September 2017

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