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Insurance
Specialist underwriting agency Horizon has appointed Daniella Rosser and Peter Branch as underwriters, reporting to underwriting director Wendy Travers. 26 June 2017
Insurance
Lemonade, an artificial intelligence-focused insurtech company, more than doubled its clients in the past two months as “customers are ditching incumbents for Lemonade,” Shai Wininger, Lemonade co-founder, said in a blog posted on medium.com. 2 June 2017
Insurance
Nearly 6.9 million US homes along the Atlantic and Gulf coasts are at potential risk of damage from hurricane storm surge inundation with a total reconstruction cost value (RCV) of more than $1.5 trillion, according to a new report by US data analytics company CoreLogic. 1 June 2017
Insurance
The US casualty renewal rates have increased in the first quarter of 2017 for the first time since the third quarter of 2014, according to the latest Marsh Global Insurance Market Index. 1 June 2017
Insurance
Allstate, Liberty Mutual and Travelers are on top of a list of insurers most exposed to what is expected to be an “above average” 2017 Atlantic hurricane season, CreditSights analysts wrote in a May 31 note. 1 June 2017
Insurance
The implementation of the new accounting standard IFRS 17 may cost between £1bn – £2bn in the UK, said Nic Nicandrou, chief financial officer of Prudential. 1 June 2017
Insurance
S&P Global Ratings said that it has raised aviation and travel insurer LEXGARANT Insurance’s long-term counterparty credit and financial strength ratings to 'B+' from 'B'. 31 May 2017
Insurance
Insurtech funding in the first quarter of 2017 dropped severely compared to the same period last year as significant investments made in 2016 reach the product launch phase, according to Willis Towers Watson Securities. 2 May 2017
Insurance
Hamilton Re, the Bermuda-based property/casualty reinsurer of Hamilton Insurance Group, has agreed to acquire the renewal rights to Canopius Underwriting Bermuda's (Sompo Canopius) excess casualty insurance book of business. The transaction is expected to close mid-year. 24 April 2017
Insurance
Broker Willis Towers Watson has strengthened its global FINEX business with several key leadership appointments. 20 April 2017
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