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Assurant posts up to $150mn Q4 losses
Hurricane Michael is the leading source of insured losses for the warranty provider.
Rachel Dalton
,
20 December 2018
Swiss Re sells another slice of ReAssure to MS&AD
The Japanese carrier increases its stake to 25 percent as its Zurich peer explores an IPO for the closed life vehicle.
Rachel Dalton
,
20 December 2018
Michael claims in Florida top $4.5bn: Floir
Losses have climbed by about $500mn since the regulator’s last update at the end of November.
Marissa Page
,
20 December 2018
Axis estimates wildfire losses up to $150mn
The company said its losses are consistent with industry insured losses of up to $20bn.
Marissa Page
,
20 December 2018
Beggs helping shape Munich Re’s new North American unit
Beggs has been leading a team to bring multiple entities together to form the new commercial specialty insurance unit.
Christie Smythe
,
20 December 2018
Direct Line considering Legal & General buy, say reports
The insurer is lining up a £400mn bid for L&G’s general insurance division, according to Sky News.
Christie Smythe
,
20 December 2018
Moody’s sees potential for ‘significant’ retro rate hikes
Trapped collateral after recent catastrophes could buttress pricing, the analysts say.
Sofia Geraghty
,
19 December 2018
Aon signs Santé deal for 1.1
The ACT-style facility offers 30 percent capacity or a $30mn maximum line on any accident and health treaty business placed by Aon globally.
Charlie Thomas
,
19 December 2018
EC omits insurance from latest Brexit planning document
The Association of British Insurers accuses Brussels of failing insurance policyholders.
Laura Board
,
19 December 2018
Recent Blackstone-led investment will partly fund M&A: Acrisure CEO
Roughly $240mn of that preferred equity investment will serve as “dry powder” for upcoming deals.
Adam McNestrie
,
19 December 2018
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