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UK insurtech firm PremFina said on Oct. 4 that it raised $36 million in equity funding and a debt facility. 4 October 2017
Insurance
Insured catastrophe losses in the third quarter of 2017 could exceed $100 billion and become the costliest in history, according to an Oct. 3 Morgan Stanley research note. 4 October 2017
Insurance
Bernstein analysts expect US nat cat prices to increase by an average of 10 percent and US commercial property to go up by on average 5 percent as a result of insured losses caused by Hurricane Irma, Harvey and Maria. 4 October 2017
Insurance
Specialty property/casualty insurer AmTrust Financial Services said on Oct. 3 that it expects net losses for the third quarter of 2017 from natural catastrophes of between $40 million and $65 million. 4 October 2017
Insurance
Re/insurer XL Catlin has expanded its marine team with the addition of Stephen Clark as vice president, national hull and liabilities practice leader in Chicago, and Alison Rizzi as senior ocean marine underwriter in New York. 4 October 2017
Insurance
Property/casualty insurer American Financial Group (AFG) said on Oct. 3 that it expects losses from natural catastrophes of approximately $105 million pretax and net of AFG’s reinsurance coverage for the third quarter. 4 October 2017
Insurance
Insurer Chubb has announced several management appointments for its general and life insurance operations. 4 October 2017
Insurance
Willis Towers Watson has made a series of senior appointments to newly-created roles in its North America corporate risk and broking (CRB) business. 4 October 2017
Insurance
TigerRisk Partners and property data and analytics company Cape Analytics, have teamed up to support the claims adjustment efforts of US insurers hard hit by Hurricane Irma. 3 October 2017
Insurance
RT Specialty, a subsidiary of Ryan Specialty Group, is establishing a new office in Louisville, Kentucky, and has appointed Brian Houghlin and Chris Beckmann to lead the operations. 3 October 2017
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