News
Insurance
Property/casualty insurer Travelers saw catastrophe losses rise by $85 million pre-tax year on year to $488 million in the second quarter of 2018, impacting the results in the quarter. 19 July 2018
Insurance
Specialty re/insurer Brit has hired XL Group and MS Amlin senior executives for its newly launched Bermuda-domiciled collateralised reinsurance platform, Sussex Capital. 19 July 2018
Insurance
AXIS Insurance, a business segment of Bermuda-based AXIS Capital Holdings, has promoted Brad Randell to head of Canada insurance and chief agent, Canada. 19 July 2018
Insurance
US personal lines insurer Allstate Corporation has estimated its catastrophe losses for the month of June 2018 at $417 million pre-tax ($329 million after-tax). 19 July 2018
Insurance
The internet has created a trust vacuum and by replacing outmoded and insecure centralized networks with distributed blockchain solutions insurers can reinstate control over private data, says risk academic and former CEO of Aon Benfield Analytics, Stephen Mildenhall. 19 July 2018
News
Reinsurance is used increasingly for earnings protection and volatility reduction by insurers whose purchasing is guided by “risk appetite statements” deployed to optimize capital management and profitability targets, according to a survey of insurers by Willis Towers Watson. 9 July 2018
Insurance
Many insurtech firms are very similar in their scope and function to managing general agents – and could benefit from being part of the Managing General Agents' Association (MGAA). 9 July 2018
Insurance
Re/insurer MS Amlin has hired senior Aon executive Brecht van Hoorebeke to develop and grow its war business across continental Europe. 9 July 2018
Alternative Risk Transfer
Bermuda-based Horseshoe Group has appointed Jean-Bernard Crozet as senior vice president – advisory services and head of London office. 9 July 2018
Insurance
Property/casualty insurer Travelers Europe has launched a new standalone cyber insurance product for businesses in the UK and Ireland. 9 July 2018
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