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Insurance
California wildfire insured losses at up to $3bn
Insured losses from the Tubbs, Pocket, Nuns, Atlas, Redwood, and Sulphur fires in California will be between $2 billion and $3 billion, according to estimates by catastrophe modelling firm AIR Worldwide.   27 October 2017
Insurance
Markel estimates California wildfire losses at up to $80m
Specialty insurer Markel said in its third-quarter 2017 results report that after the end of the reported period northern California sustained losses from several wildfires, which the company estimates to result in net incurred losses of between $40 million and $80 million before income taxes.   27 October 2017
Insurance
Nexus acquires specialist broker Credit Risk Solutions
Independent specialty managing general agent (MGA) Nexus Group said in a statement that it has acquired specialist trade credit broker Credit Risk Solutions (CRS).   27 October 2017
Insurance
XL Group appoints executive to board of directors
Re/insurer XL Group has appointed James Nevels to the company's board of directors.   27 October 2017
Insurance
The Great Brexit Breakaway
UK-based re/insurers are weighing up their options in terms of where they domicile to carry on writing onshore European business. But where should they locate themselves? Intelligent Insurer investigates.   26 October 2017
Insurance
Not all reinsurers are created equal
Flaspöhler, part of NMG Consulting, conducts an annual global study designed to illustrate reinsurers’ competitive positioning and value proposition in relation to their peers. Here, we reveal how the top reinsurers fared when brokers and insurance executives across Europe, the Middle East and Africa were surveyed.   24 October 2017
Insurance
Acappella Syndicate appoints war, terrorism and political violence leader
Lloyd’s Acappella Syndicate 2014 has appointed Louise Bessant as divisional head of its war, terrorism and political violence insurance portfolio.   9 October 2017
Insurance
Everest picks Ireland for EU subsidiary; hires Aon exec as head
Bermuda-based holding company Everest Re Group has been granted in-principle approval by the Central Bank of Ireland to operate as an authorised non-life insurer in Ireland.   3 October 2017
Insurance
Tokio Marine HCC to acquire AIG's medical business
Specialist insurer Tokio Marine HCC has reached a definitive agreement to acquire the medical stop-loss operations of American International Group (AIG), through its wholly owned subsidiary HCC Life Insurance Company.   3 October 2017
Insurance
QBE ups 2017 claims allowance
QBE has increased its 2017 large individual risk and catastrophe claims allowance in the wake of what it describes as a period of extreme global catastrophe experience.   3 October 2017

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