RMS estimates the insurance industry's exposure to Hurricane Florence will be between $2.8bn and $5bn - a prediction in line with fellow modellers AIR Worldwide and Karen Clark & Co.
The imminent departure of Max Taylor has sparked a senior shuffle at the firm.
Andreas Berger of AGCS is to take the reins at Swiss Re Corporate Solutions, as Agostino Galvagni announces his departure.
Paul Greensmith is to lead the charge for AXA XL, after being named head of the UK division.
Economic growth opportunities are plentiful in the region, but local reinsurers continue to struggle with a lack of diversification, competition from international carriers and economies of scale.
Insurance industry officials still see hindrances in women’s pay and promotion opportunities and say they need men’s co-operation to move forward.
AIG has agreed to buy US broker, Glatfelter for an undisclosed sum.
Lloyd’s of London has announced a pre-tax profit of £588m for the first half of 2018.
Insurtech transactions reached a new peak in the second quarter of 2018 - exceeding $5bn - thanks to AI advances in the sector giving insurers more tools to predict risk and utilise new data.
In this month's Reactions