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Hurricane Florence losses estimated at up to $4.6bn
Insurance
Industry insured losses resulting from Hurricane Florence’s winds and storm surge will be between $1.7 billion and $4.6 billion, according to estimates by catastrophe risk modelling firm AIR Worldwide.   19 September 2018
Florence may hit US as category 5 hurricane
Insurance
Hurricane Florence is currently a category 4 hurricane and may intensify to a category 5 hurricane in the next 24 hours, according to data provider AIR.   12 September 2018
SCOR reshuffles management in P&C reorganisation move
News
As part of a reorganisation of its Global P&C operations, SCOR has revealed a number of key appointments.   5 September 2018
News
SCOR Global P&C will be organised around three business units plus transverse functions, which will all cooperate for clients’ benefit, according to a corporate presentation.   5 September 2018
Insurance
Chicago-based commercial insurer CNA has appointed Michael Costonis as its new chief operations officer (COO), responsible for leading all information technology, analytics and operations functions across the organisation.   5 September 2018
Insurance
Broker Lockton has launched a new investment banking and capital markets operation in New York and has appointed Vishal Jhaveri as its CEO.   5 September 2018
Insurance
Lloyd’s Asia has signed a memorandum of understanding (MoU) with the Intellectual Property Office of Singapore (IPOS) to expand the portfolio for intellectual property (IP) insurance products.   5 September 2018
News
Munich Re reclaimed the No. 1 position from Swiss Re in AM Best’s 2018 annual ranking of the Top 50 Global Reinsurance groups.   5 September 2018
News
Brona Magee has been appointed deputy CEO of SCOR Global Life and joins the group's executive committee.   5 September 2018
Insurance
Specialist insurer Markel Corporation has appointed Jennifer Chang as underwriter and senior risk analyst in its trade credit and political risk operation in New York.   5 September 2018

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