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Industry insured losses from Typhoon Mangkhut in mainland China, Hong Kong, and Macau will be between $1 billion and $2 billion, according to estimates by catastrophe risk modeling firm AIR Worldwide. 26 September 2018
Insurance
Re/insurer AXA XL has revealed two senior promotions within its excess casualty insurance business in Bermuda and Dublin. 26 September 2018
Insurance
The 30-day “go-shop” period in which the Navigators Group was seeking alternative acquisition offers has expired on Sept. 21 without a submission of a more attractive alternative to the one from The Hartford Financial Services Group. 26 September 2018
Insurance
Speciality insurer Tokio Marine HCC has added three new underwriters from QBE, Gallagher and Kennedys to its professional risks teams. 26 September 2018
Insurance
Canadian multinational insurance and financial services company Manulife has entered into four-year $400,000 partnership with the Waterloo Artificial Intelligence Institute at the University of Waterloo. 26 September 2018
Insurance
US-based insurance platform Boost Insurance has launched Paladin Cyber as its first insurtech partner. 26 September 2018
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has expanded its leadership team in Dubai with the appointment of AIG, Chubb, AXA, QBE, Allianz and Zurich executives to fill key product line and service posts. 18 September 2018
Insurance
The ongoing profitability review at Lloyd’s is a good thing and very much welcome, in the eyes of Pina Albo, chief executive, Hamilton Insurance Group, who told Monte Carlo Today that anything designed to improve the profitability of the market should be embraced. 11 September 2018
News
TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, is planning a subsidiary in Luxembourg as it looks to restructure and bolster its presence in the European Union. 10 September 2018
Insurance
Re/insurer QBE has announced that its post-Brexit restructuring plans were heard at the High Court, ensuring continuity of service for its customers across the European Union. 10 September 2018
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