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Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has launched Nordic-focused MGA Bridge Underwriting to begin underwriting in March. 1 February 2018
Insurance
Re/insurers are increasing their investments in the startup insurtech community and expanding their focus to invest in a broad range of technologies with potential applications to their core businesses, according to the fourth Quarterly InsurTech Briefing from Willis Towers Watson. 1 February 2018
Insurance
Re/insurer XL Catlin has hired a senior executive from Everest National Insurance for its global excess casualty insurance business. 1 February 2018
Insurance
US property/casualty insurer AmTrust Financial Services has partnered with several Israeli technology startups in order to automate and enhance business processes, according to a Feb. 1 press release. 1 February 2018
Insurance
Bermuda-based RenaissanceRe Holdings reported a net loss attributable to shareholders of $3.5 million for the fourth quarter of 2017 but claims “strong execution at the January 1 renewals”. 1 February 2018
Insurance
Insurers have received nearly 45,000 insurance claims totalling more than $11.79 billion in losses from the wildfires that burned across the state in October and December 2017, according to insurance commissioner Dave Jones. 1 February 2018
Insurance
Storm Friederike is expected to increase German property/casualty (P&C) insurers’ full-year 2018 combined ratio by 1 to 2 percentage points, according to Moody’s. 31 January 2018
Insurance
US property/casualty (P&C) insurer Chubb has included a provisional tax benefit of $450 million in its fourth quarter 2017 results related to the 2017 US tax reform. 31 January 2018
Insurance
Swiss Re has further strengthened its presence in Asia with the launch of its regional headquarters Swiss Re Asia in Singapore, and appointed a new regional board of directors for the entity. 31 January 2018
Insurance
A weakening US dollar is likely to boost earnings of global property/casualty (P&C) firms, according to a Jan. 30 Morgan Stanley note. 31 January 2018
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