United States of America (USA)
Blog: Reacting to turmoil
Michael Lynch, head of partnerships for Minster Law, believes insurers can bring certainty to those they help.
QBE Ventures invests into Risk Genius
QBE's insurtech investment fund QBE Ventures has invested in insurance policy machine learning firm Risk Genius.
Brit expands US offering with senior cyber hire
Brit has appointed Courtney Mocio as vice president, cyber and technology at Brit Global Specialty USA.
Lloyd’s market and international consolidation in the cross hairs at BP Marsh
BP Marsh has affirmed its confidence in the Lloyd’s and London insurance market as target growth area as the sector investor looks to diversify its book with overseas business.
Hamilton appoints Munich Re chief Giuseppina Albo as CEO
Munich Re board member Giuseppina Albo is leaving the group to become CEO of Hamilton Insurance Group.
BP Marsh sees profits double from asset sales
Insurance-sector investor BP Marsh saw profits more than double to £10.2m in the six months to 31 July.
Lloyd’s writes $738m cheque to cover Harvey, Irma and Maria
Lloyd’s of London has paid $738m for Harvey, Irma and Maria claims.
NBC Universal loses $6.9m case against insurer over ‘war’ exclusion
NBC Universal has lost a legal battle with its insurer after it was forced to relocate the filming of a TV series when conflict broke out in Jerusalem.
Hiscox predicts ‘market turn’ following record catastrophe losses
Hiscox will increase its capacity by £450m next year in anticipation of a “widespread market turn”.
US rideshare insurtech looks to expand globally
Munich Re’s Digital Partners has entered a strategic partnership with Inshur, to develop and distribute commercial auto insurance products through a mobile technology platform.
Interview: Manjit Takhtar, Charles Taylor Insurance Services
Manjit Takhtar, finance director and interim CEO of Charles Taylor Insurance Services, talks about hurricane claims and the role of the business in incubating maanging general agents.
Scor braces for €430m nat cat bill in Q3
Scor estimates the cost of the Harvey, Irma and Maria hurricanes and the mexico earthquakes at €430m.
Nate makes US landfall, weakens to a tropical depression
Hurricane Nate, the fourth hurricane to make landfall in the US in the past two months, has weakened to a tropical depression.
Dual North America names new CEO
Dual North America has promoted Jon Beckham as CEO.
Analysis: Hurricane harm
Hurricane season has caused devastation across the Atlantic but, despite the human death toll, the impact on reinsurers is likely to be limited
Penny Black's Social World - October 2017
Picture prizes, Harvey help, and determined dancers and drivers
AIG names ex-Novae CFO Charles Fry as reinsurance head
AIG has named former Novae chief financial officer Charles Fry as head of reinsurance, operations and transformation.
Crawford's We Go Look launches on-demand claims app
On-demand claims handler and subsidiary of Crawford & Company We Go Look has launched a self-service mobile app.
Sompo International brings multiple global operations under one banner
Sompo International Holdings has brought together its European, American and newly acquired Endurance businesses together to form a single worldwide platform.
Hiscox forecasts rates rise and $225m in Harvey and Irma claims
London market insurer Hiscox anticipates the combined net cost of claims from hurricanes Harvey and Irma to be around $225m (£170m).
Beazley anticipates $150m hit from Atlantic hurricanes and Mexico earthquakes
Beazley expects to take a $150m (£112m) hit on earnings as a result of hurricanes Harvey, Irma and Maria as well as the recent earthquakes in Mexico.
Lemonade vows to ‘rebuild insurance’ with zero deductible product
Insurtech disruptor Lemonade has launched an upgrade to its products, allowing customers to file up to two claims each year without rate hikes.
Lloyd's suspends H1 profit release to take stock of Harvey and Irma impact
Lloyd's has suspended the release of first-half profits until it can accurately assess the financial impact of Harvey and Irma, the market's chief financial officer has said.
Digital Fineprint launches second funding round
Exclusive: Insurtech firm Digital Fineprint is negotiating a second funding round, as it gears up to release results for its first year of operation.