Axa

The hotel chain has $350mn of cover in place and looks set to inflict the market’s largest-ever cyber claim.

Artificial intelligence may drive many of the (re)insurance industry’s functions in years to come, but hiring top talent alongside it will be key to the sector’s future success.

The departure follows the exit of another co-founder last year.

The Axa XL CEO also outlined his firm’s reinsurance buying strategy for 2019.

The French carrier plans to make its alternative capital platform central to its reinsurance strategy.

The French parent lifts its synergies target from the XL purchase by $100mn.

Stamp movements show the aftermath of this year’s tough planning season.

The French insurer will pay EUR584mn for the Chinese carrier.

The move will cost the carrier almost $114mn in gross written premiums.

Following new investment, Akinova has brought in the experienced Paul Jardine.

Axa XL, MS Amlin and Miller are among the companies trialling the PPL rival.

Dan Curran forged a career as a casualty underwriter at Catlin, after joining the company in 2000.