News
Insurance
Ironshore Insurance Singapore branch said on Oct. 19 that it is increasing the capacity for political risk business lines within the Political Risk & Trade Credit unit as demand grows. 19 October 2017
Insurance
The Travelers Companies has seen its net income plummet in the third quarter of 2017 compared to the same period a year ago due to the impact of nat cat losses in North America. 19 October 2017
Insurance
The insurtech revolution is already challenging re/insurers, but those who feel they were on the front foot may not have contended with the possibility that change could be much more fundamental than they realised. Paul Cuatrecasas, an expert in acquiring technology companies, tells Intelligent Insurer more. 18 October 2017
Insurance
American International Group (AIG) said on Oct. 18 that it has partnered with United Airlines to offer its travel insurance products and services on the airline’s website and mobile app. 18 October 2017
Insurance
Insured losses from the Californian wildfires will be close to $4.6 billion and growing as the fires continue, Moody’s said in an Oct. 16 sector comment. 18 October 2017
Insurance
US-based property/casualty insurer The Hanover Insurance Group has appointed John Roche as president and CEO. 11 October 2017
Insurance
Lloyd’s of London has signed its first Artificial Intelligence (AI) deal to automate business processes in the market. 9 October 2017
Reinsurance
SCOR said on Oct. 9 that Hurricanes Harvey, Irma and Maria, as well as the Mexico earthquakes, will cost the company €430 million net of retrocession and tax for the third quarter of 2017. 9 October 2017
Insurance
Willis Towers Watson has strengthened its insurance consulting and technology business with the appointment of Neil Bruce and Tim Rourke. 9 October 2017
Insurance
Hurricane Nate came ashore near the mouth of the Mississippi River on Saturday, October 7, according to the National Hurricane Center (NHC). Nate is the fourth hurricane to make landfall in the US in the past two months. 9 October 2017
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