Articles

Alternative Risk Transfer

Multi-cat bonds can meet ECIS demand

Multi-cat bonds or other ILS solutions are the only viable solution for coping with natural disasters in the Eastern European and Commonwealth of Independent States region, and Bermuda could have a big role to play in making this happen, says Kirill Savrassov, chief executive of Bermuda-based Phoenix CRetro Reinsurance.   4 October 2018

Insurance

SCOR-backed insurtech Hokodo raises €1.9m seed funding

Hokodo, a London and Paris-based technology startup that recently partnered with reinsurer SCOR for its launch product, has raised €1.9 million in seed funding.   4 October 2018

Insurance

ForceManager snaps up Italian tech startup Sellf

Barcelona, Spain-based AI-powered sales management software solutions provider ForceManager has acquired Italian technology company Sellf to strengthen its global position.   4 October 2018

Insurance

Willis Towers Watson buys French broker for regional expansion

Broker Willis Towers Watson has acquired Le Havre headquartered risk adviser and broker Dero Courtage to build its presence in the French market.   2 October 2018

Insurance

Tokio Marine invests in Allianz-backed insurtech Simplesurance

Tokio Marine Holdings has made a strategic investment in German insurtech firm Simplesurance (SISU) through its wholly owned subsidiary, Tokio Marine & Nichido Fire Insurance.   2 October 2018

Insurance

New investor challenge to AmTrust’s plan to go-private

Central Europe based investment group Arca Capital said that it will meet with state insurance regulators to oppose the AmTrust privatisation transaction and that it will continue to campaign aggressively against the "absurdly low" buyout price.   1 October 2018

Insurance

Starr opens office in Norway for expansion, appoints Europe head

Starr Insurance Companies is expanding its presence in Europe with the opening of a new office on Oslo, Norway.   1 October 2018

Alternative Risk Transfer

ILS market continues healthy growth

The global ILS market is looking increasingly healthy, as a wide range of industry experts told Intelligent ILS at this year’s Monte Carlo Rendez-vous.   28 September 2018

Insurance

SCOR calls Covéa renewed takeover approach ‘hostile and unfriendly’

The procedure and the methods used by Covéa CEO Thierry Derez and Covéa to take over SCOR as well as their renewed expressions of interest after the bid has been rejected, “can only be considered as hostile and unfriendly, and are significantly disrupting the functioning of the company,” SCOR said in a corporate statement while insisting that Derez should resign from SCOR’s board.   28 September 2018

Insurance

RSA records Q3 underwriting loss in UK, London market

RSA’s UK and London market business made an underwriting loss of around £70 million with a combined ratio of around 110 percent in the third quarter of 2018.   28 September 2018

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