News
Insurance
US-based property/casualty insurer Travelers has teamed up with Amazon to offer smart home solutions through a digital storefront on the electronic commerce giant. 10 October 2018
Insurance
Allianz Group's specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has strengthened its broker relationships team in the UK with a new hire from AIG and a promotion from within. 10 October 2018
Insurance
Chubb has estimated the net losses in the third quarter of 2018 attributable to natural catastrophes globally at $450 million pre-tax, or $372 million after tax. 10 October 2018
Insurance
Maximum sustained winds from Hurricane Michael have increased to near 130 mph (210 km/h) with higher gusts, making Michael a category 4 hurricane as it moves towards Florida, according to the National Hurricane Center (NHC). 10 October 2018
Insurance
Japan’s Sompo is planning for a sharp increase in the profit contribution to the group from its overseas business Sompo International Holdings (SI), Mike McGuire, chief financial officer of Sompo International, said in a presentation. 10 October 2018
Insurance
Achim Bosch has been appointed chief underwriting officer for Deutsche Rück and the reinsurance division of the Association of German Public Insurers with effect from Jan. 1, 2019. 10 October 2018
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has formed a new casualty facultative reinsurance operation to be led by Dave Adams who is joining from Maiden Re. 10 October 2018
Insurance
Fitch Ratings has affirmed the 'A+' (Strong) Insurer Financial Strength (IFS) ratings of the operating subsidiaries of AXIS Capital Holdings and AXIS Capital's 'A-' Issuer Default Rating (IDR) but has kept the Rating Outlook as Negative. 10 October 2018
Insurance
Specialist insurer QBE North America has appointed Toria Lessman and Stacey Meade as new heads of transactional liability and financial institutions businesses, respectively. 10 October 2018
Insurance
Deal values across property/casualty (P&C) and life insurance are expected to more than double in 2018, marking the second-busiest year since 2005, according to S&P Global Market Intelligence. 9 October 2018
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