News
Insurance
As US aircraft manufacturer Boeing announced software upgrades to its 737 Max planes, it remained unclear how far this fix could mitigate the potential losses for the global insurance industry. 28 March 2019
Insurance
Property Claim Services (PCS), a Verisk Analytics business, has launched its industry catastrophe loss data aggregation and index reporting services for events occurring in Japan. 29 January 2019
Alternative Risk Transfer
Tom Johansmeyer of PCS, Verisk Insurance Solutions, looks back at 2018 and what impacted the ILS market over the year, and forward to the next 12 months. 21 January 2019
Insurance
Private US property/casualty insurers reported a $4.7 billion net underwriting gain in the first nine-months of 2018, a sharp turnaround from a $21.0 billion net underwriting loss a year earlier, according to data by Verisk unit ISO and the American Property Casualty Insurance Association (APCI). 17 January 2019
News
Losses for insurers stemming from natural catastrophes were substantially higher than the long-term average in 2018 with an eventful second half of the year contributing to a high overall loss figure of $160 billion, half of which was insured, according to a report by Munich Re. 9 January 2019
Insurance
Everest Re is seeking a new chief executive following the announcement that its current head, Dominic Addesso, will retire at the end of 2019. 9 January 2019
Alternative Risk Transfer
US insurer Liberty Mutual has secured $150 million of collateralised reinsurance capacity through its Bermuda domiciled segregated account company Limestone Re. 9 January 2019
Insurance
Specialty re/insurance underwriter Argo Group International Holdings has renewed Harambee Re as its sidecar reinsurer for 2019. 9 January 2019
Insurance
Bermuda specialty re/insurer Argo Group International Holdings has appointed Bill Wharton to head Argo Insurance Bermuda, and Nigel Mortimer to lead its international casualty business. 9 January 2019
Insurance
Bermuda-based AXIS Capital has hired Govind Balu as chief analytics officer to lead a range of initiatives including the implementation of machine learning and artificial intelligence across the organisation. 9 January 2019
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