News
Insurance
Broker Willis Towers Watson has opened a new re/insurance operation in Kazakhstan to expand its presence in what it recognises as the "key Central Asian growth market". 14 November 2018
Insurance
Specialist insurer QBE North America is selling its Farmers Union Insurance business to National General Holdings as part of its strategy to reinforce focus on its core offerings and improve future earnings profile. 14 November 2018
Insurance
Bermuda-based Hamilton Re has appointed David Roache to the newly-created position of senior vice president, head of risk XS. 14 November 2018
Insurance
Antares, a Lloyd’s managing agent and member of the QIC Group, has partnered with London-based insurtech Concirrus to drive data-driven underwriting at Lloyd’s. 14 November 2018
Insurance
Everest Insurance has hired OneBeacon and Starr executives for its Everest Specialty Underwriters Private Company/Not-for-Profit group. 14 November 2018
Insurance
Ticker, a new telematics insurer set to launch in early 2019, has secured the backing of reinsurer Munich Re and partnered with broker Willis Towers Watson for its Radar pricing technology. 8 November 2018
Insurance
Bermuda insurance group Enstar made a net loss of $16 million in the third quarter of the year compared with a net profit of $39 million a year earlier; for the first nine months, the comparable figures were a net loss of $48.9 million versus a profit of $183.9 million the year before. 8 November 2018
Insurance
Hurricane Michael killed 45 people in the US, as it became the strongest tropical cyclone on record to strike the Florida Panhandle and the fourth strongest hurricane to make landfall on the US mainland, according to Aon’s Impact Forecasting team’s latest edition of its monthly Global Catastrophe Recap report. 8 November 2018
Insurance
Specialty re/insurer Canopius has appointed Marco Silva as senior underwriter, property treaty reinsurance in London. 8 November 2018
Insurance
Bermuda-based Monument Re has acquired a run-off portfolio of traditional life and credit life business from Alpha Insurance, a Belgian composite insurance company and a wholly-owned subsidiary of Enstar Group. 8 November 2018
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