Insurance industry news from InsurTech Hartford, Magneti Marelli Parts & Services, Buoy and more. (Photo: Shutterstock)
InsurTech Hartford announced registration for the 2023 ITH Symposium is now officially open. Aite-Novarica Group will be co-locating important meetings with the ITH Symposium, to be held May 2-3 at the Mohegan Sun Casino & Resort in Uncasville, Connecticut, as well. Aite-Novarica, in particular, will hold the 2023 Insurance CIO Council meeting in conjunction with the ITH Symposium next May.
RiverStone International entered into loss portfolio transfer reinsurance agreements with affiliates of AXIS Capital Holdings Limited, which cover several of its professional lines and liability insurance portfolios, predominantly relating to 2019 and prior accident years. The transaction, subject to regulatory approval, covers net reserves for losses and loss expenses of approximately $400 million and provides ground-up cover to a policy limit of $605 million.
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