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Validus puts October California wildfire loss at $30mn
Validus expects a $30mn net impact from the October California wildfires, which equates to only a marginal hit to shareholders' equity.
Ted Bunker
,
08 December 2017
Spreading wildfires rake Southern California
Wildfires spread across the greater Los Angeles area Thursday, with flames racing northwest to threaten the coastal city of Santa Barbara and new blazes erupting in San Diego, Riverside and San Bernardino counties to add to potential catastrophe losses.
Ted Bunker
,
08 December 2017
Stonybrook hires JLT Capital’s Deane
Stonybrook Capital has added mergers and acquisitions specialist Thomas Deane to its ranks, bringing him on from JLT Capital Markets.
Ted Bunker
,
08 December 2017
Swiss Re to merge strategy, financial roles as CFO Cole resigns
Swiss Re CFO David Cole is to step down, with chief strategy officer John Dacey taking over the role next year.
Bernard Goyder
,
08 December 2017
IAG inks quota share deals
Australian insurer IAG has signed three quota share deals with Munich Re, Swiss Re and Hannover Re, in agreements designed to lower earnings volatility.
Bernard Goyder
,
08 December 2017
Opinion: California, round two
The latest round of wildfires raging through southern California are yet another devastating blow to the Golden State.
Catrin Shi
,
08 December 2017
Novae CUO Forster leaves after takeover by Axis
Rob Forster has resigned as chief underwriting officer at Novae following the completion of the Lloyd's carrier's takeover by Axis, The Insurance Insider can reveal.
Adam McNestrie
,
08 December 2017
FM Global leads $225mn Eastman Chemical blast cover
An explosion at Eastman Chemical Company's Kingsport, Tennessee site in October has led to a loss notification in the region of $225mn on an FM Global-led insurance cover, The Insurance Insider understands.
David Bull
,
08 December 2017
FM Global expands innovation team
Mutual insurer FM Global has bolstered its Rhode Island-based innovation team with four senior appointments.
John Hewitt Jones
,
08 December 2017
Allianz leads EUR32mn Airlander loss
Allianz is understood to be the lead insurer for a potential £32.0mn ($43.1mn) claim following the collapse of the world's longest aircraft.
08 December 2017
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