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Hudson Structured leads $500mn InsurTech quota share
Michael Millette’s Hudson Structured Capital Management has taken an 80 percent line on a quota share for on-demand car insurance startup Metromile in a $500mn first-of-its-kind deal.
Dan Ascher
,
13 September 2017
Irma exposes $12.5bn in cat bonds to losses: AM Best
About $12.5bn in catastrophe bonds issued by Florida insurers or tied to the Florida property and casualty market may face losses from Hurricane Irma, AM Best said today.
Ted Bunker
,
13 September 2017
Everest Re elevates Zaffino to EVP
Everest Re Group has promoted its North American insurance group president Jonathan Zaffino to executive vice president within the Bermuda-based parent.
Ted Bunker
,
13 September 2017
Clips data show P&C prices stable through Q2
Commercial lines pricing remained broadly flat for property and casualty carriers during the second quarter, with slight declines in several categories offset by modest gains in others, Willis Towers Watson has said.
Ted Bunker
,
12 September 2017
Irma floods may drive $50bn loss: JLT Re
Irma has died away over the US Deep South but its torrential rains and record storm surges have left flood damage from Miami to Charleston, South Carolina, and may have left insured damage of more than $50bn.
Ted Bunker
,
12 September 2017
Starr plucks Dave Fitzgerald from AIG claims ranks
Starr Companies has tapped Dave Fitzgerald as its new global claims chief, picking up the executive from American International Group, where he held a similar role in the US liabilities area.
Ted Bunker
,
12 September 2017
Greenlight Re to move into London market reinsurance
Total return reinsurer Greenlight Re is looking to expand into marine, energy, aviation and other specialty reinsurance in London, as it seeks to diversify its book away from the US motor liability market.
Bernard Goyder
,
12 September 2017
Standard Syndicate switches MD as focus grows on CTMA future
Steve Robson, head of claims at The Standard Club's Syndicate 1884, is to become the syndicate's new managing director, The Insurance Insider can reveal.
Adam McNestrie
,
12 September 2017
Livingston and Stirling leave Arch Re
Joel Livingston and Scott Stirling have left the reinsurance arm of Arch Capital, The Insurance Insider has learned
David Bull
,
12 September 2017
Major Floridian cedant look-up table
The Insurance Insider breaks down Florida premium ceded by the largest carriers
Catrin Shi
,
12 September 2017
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