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The Hanover estimates $50mn pre-tax losses in Q4
The losses largely stem from the Camp and Woolsey wildfires and Hurricane Michael.
Marissa Page
,
16 January 2019
OdysseyRe hires Martinez for Mexican treaty role
OdysseyRe has hired Patria Re’s Rodrigo Martinez for its Latin American treaty business.
Christopher Munro
,
16 January 2019
Markel Catco scrutiny draws shareholder suit
The complaint on behalf of Markel investors follows the disclosure of regulatory probes into the accounting of loss reserves.
Christie Smythe
,
16 January 2019
Biba issues 2019 manifesto ahead of Brexit vote
An extension to the Article 50 Brexit deadline “would be a welcome solution for the sake of certainty”, Biba said.
Laura Board
,
15 January 2019
Travelers expands in US M&A sector with ASQ capacity deal
ASQ will underwrite transactional risk policies with an initial gross capacity of $50mn per transaction.
Marissa Page
,
15 January 2019
Greenlight Re becomes leading shareholder in AccuRisk Solutions
The latest investment follows a 2017 funding injection into the MGU.
John Hewitt Jones
,
15 January 2019
Hurricane Michael claims pass $5bn
The total of Hurricane Michael claims filed with Floridian insurers through to 11 January has reached $5.02bn, the Florida Office of Insurance Regulation said.
Lucy Jones
,
15 January 2019
Oceanwide’s Genworth takeover gains approvals
The $2.7bn transaction now has all the clearances it requires from US insurance supervisors.
Laura Board
,
15 January 2019
Addesso’s departure highlights transition to new generation of leadership
Reinsurance executives shuffled in 2018 due to M&A, ageing workforce.
Gavin Davis
,
15 January 2019
Seven central themes for (re)insurance in 2019 – Part 2
The changing dynamics of the reinsurance and ILS markets will be laid bare in forthcoming key renewal dates.
Insurance Insider team
,
15 January 2019
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