Articles

Insurance

SCOR bolsters global P&C ventures with new appointments

French reinsurer SCOR has expanded its SCOR Global P&C ventures team that forms partnerships with entrepreneurs and innovators to develop new technology-driven insurance and risk management solutions.   16 April 2019

Insurance

Liberty Mutual buys AmTrust's global surety, credit reinsurance business

Liberty Mutual Insurance is to acquire the global surety and credit reinsurance operations of AmTrust Financial Services in a move it hopes will support its "goal of becoming a top three global commercial re/insurer".   16 April 2019

Insurance

Everest Re's Brexit subsidiary launches UK branch in expansion move

Everest Insurance Ireland, dac (EIID), the Dublin-based subsidiary of Everest Re Group, is opening a new branch office in the UK to expand its international capabilities.   16 April 2019

Alternative Risk Transfer

S&P predicts ‘stable to gradual increases’ in European run-off market

S&P has predicted “stable to gradually increasing activity” in the European property casualty run-off market in a report.   15 April 2019

Insurance

China's Anbang sells Belgian insurer Fidea to Baloise Group for €480m

Swiss insurer Baloise Group is acquiring Belgian multi-sector insurer Fidea NV from the Chinese Anbang Insurance Group for €480 million.   15 April 2019

Insurance

Lemonade raises $300m funding to fuel expansion; SoftBank, Allianz, Google Ventures among investors

AI-powered insurtech company Lemonade has secured $300 million in Series D funding round led by Japanese conglomerate SoftBank Group, with participation from Allianz, General Catalyst, GV (Google Ventures - the venture capital investment arm of Alphabet), OurCrowd, and Thrive Capital.   12 April 2019

Insurance

Aon Risk Map 2019: populism and terrorism create new business threats

Evolving terrorist ideologies and attacks combined with the rise of populism in Europe present new risks for businesses worldwide, according to the Aon 2019 Risk Map.   12 April 2019

Insurance

Howden acquires Norwegian insurance brokerage NIP in expansion move

Howden Broking Group has acquired a majority-share ownership in Norwegian Insurance Partner (NIP), an employee benefits broker, based in Bergen, Norway.   11 April 2019

Insurance

Italy's Generali to invest €1bn in new asset management company ThreeSixty Investments

Italian insurer Generali Group is creating a new asset management company, called ThreeSixty Investments, with an investment of €1 billion in the first fund as strategic capital.   11 April 2019

Insurance

Zurich, CoverWallet expand SME insurance platform in Europe following "exceptional results"

Zurich Insurance Group and insurtech start-up CoverWallet have expanded their insurance platform for small and medium-enterprise (SMEs) to Switzerland — the second European country after Spain to implement the innovative model.   11 April 2019

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