News
Insurance
Germany’s Allianz saw claims stemming from California wildfires, hurricanes Harvey, Irma and Maria plus European storms and other natural catastrophes rise to €1.1 billion in 2017 compared to €0.7 billion in 2016. 16 February 2018
Insurance
Marine insurance-focused The Navigators Group reported a stable combined ratio for the fourth quarter of 2017 while the ratio climbed in the full year on the back of natural catastrophes. 16 February 2018
Insurance
The rise of protectionism could prevent Latin America becoming one of the biggest insurance markets in the world, Lloyd’s chairman Bruce Carnegie-Brown suggested in a Feb. 15 press release. 15 February 2018
Insurance
Integro Insurance Brokers has hired Jacquelyn Neal as a principal in the marine practice, based in its San Francisco office. 15 February 2018
Insurance
Microsoft has teamed up with Flyreel, an artificial intelligence (AI)-assisted underwriting solution for commercial and residential properties, according to a Feb. 15 press release. 15 February 2018
Insurance
Lancashire Holdings has reported a combined ratio of 124.9 percent for 2017 compared to 76.5 percent in the previous year. 15 February 2018
Insurance
US insurance group Kemper Corporation entered into a definitive merger agreement to acquire auto insurer Infinity Property Casualty Corporation for a total consideration of approximately $1.3 billion. 14 February 2018
Insurance
MS Amlin has reported a net loss of ¥84.900 billion (£569 million) for the nine months ended Dec. 31, 2017 after a net profit of ¥18.60 billion in the same period of 2016. 14 February 2018
Insurance
Zurich Insurance Group has entered into an exclusive collaboration in Europe with insurtech startup CoverWallet and launched a new digital distribution channel in Spain. 14 February 2018
Insurance
Specialty re/insurer Brit has completed the fourth annual renewal and expansion of its Bermuda domiciled special purpose insurer Versutus, the company said in a Feb. 14 press release. 14 February 2018
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