Fidelis Insurance Takes Equity Stake in New MGA Perigon, Provides Capacity November 4, 2019 Fidelis Insurance, the Bermuda-headquartered re/insurer, announced it has taken an equity stake in a new managing general agent (MGA) Perigon...
Greek Tanker Manager Denies Connection to Oil Leak Tarring Brazil’s Beaches November 4, 2019 The manager of an oil tanker being probed by Brazilian authorities in connection with an oil spill off the country’s...
AIR Worldwide Launches Multi-Peril Crop Insurance Model for India November 4, 2019 Catastrophe risk modeling firm AIR Worldwide (AIR) announced it has released a Multiple Peril Crop Insurance (MPCI) Model for India...
BHSI Taps Villalba from Zurich Insurance as Head of Claims in Spain November 4, 2019 Berkshire Hathaway Specialty Insurance (BHSI) announced it has named Javier Villalba to its expanding leadership team in Spain as head...
All Members of Canada’s Desjardins Hit by Data Breach: Finance Minister November 4, 2019 By Allison Lampert A June data breach that hit Canada’s Desjardins Group has affected all of the financial cooperative’s 4.2 million members, prompting...
Quantemplate, Insurtech Provider of Cloud-Based Data Services, Raises $12M November 1, 2019 Quantemplate, the provider of self-service, cloud-based automated data services for the re/insurance industry, raised more than $12 million in its...
Ascot Taps Kenahan from AWAC as Head of Excess Casualty in Bermuda November 1, 2019 Ascot announced the appointment of Patrick Kenahan as head of Excess Casualty in Bermuda. In addition, Jason Pugi, Kimberley Pursell...
Insured Losses from Typhoon Hagibis Estimated at $7B-$11B: RMS November 1, 2019 Insured losses stemming from Typhoon Hagibis in Japan are estimated to range between US$$7 billion and $11 billion, according to...
Catastrophe Insurance Data Firm PERILS Expands Coverage to New Zealand November 1, 2019 PERILS, the independent Zurich-based company that provides industry-wide catastrophe insurance data, announced it has extended its market coverage to include...
Australia’s Pro-Coal Prime Minister Signals War on Climate Change Activists November 1, 2019 By Jason Scott Radical. Extreme. Anarchists: Scott Morrison’s choice of language Friday made it clear how he views some environmental protesters. Now the...