Articles
Insurance
Specialist insurance and reinsurance market Lloyd’s is investing in artificial intelligence start-up Layr, a cloud-based commercial insurance platform for small businesses, following the launch of its second cohort of insurtech innovators. 10 May 2019
Insurance
Arcus Syndicate 1856, which is managed by Barbican Managing Agency, has appointed Nick James as underwriting manager for North America property treaty. 9 May 2019
Insurance
As homeowner insurers curb services in wildfire and hurricane prone areas of the US, Texas-based, Lloyd's coverholder and MGA for US insurers MarketScout said its recently launched WildCat Brush and CatRisk Wind services would “pick up the slack”. 9 May 2019
Insurance
Chicago-based Ryan Specialty Group (RSG) is to acquire the assets and operations of Atlantic Specialty Lines (ASL), a privately owned wholesale insurance brokerage headquartered in Richmond, Virginia. 9 May 2019
Insurance
Specialty insurer Beazley has appointed Richard Montminy as global head of its property division, succeeding Mark Bernacki who stepped down from the position at the end of April after 13 years at the company. 9 May 2019
Insurance
Insurance losses of $614 million from the “record-breaking” Camp Fire, and Woolsey and Hill Fires, have pushed total claims over $12 billion as of April 2019, according to the California insurance commissioner Ricardo Lara. 9 May 2019
Insurance
Bermuda-based Everest Re Group posted growth in both its reinsurance and insurance businesses driven by solid underwriting and investment returns, according to its chief executive Dominic Addesso. 8 May 2019
Insurance
Bermuda-based RenaissanceRe enjoyed solid growth in the first quarter of 2019 with revenues increasing by over 380 percent. The reinsurer attributed this increase to improvements in the property, casualty and specialty segments, and certain new transactions. 8 May 2019
Insurance
Specialist Lloyd’s insurer Beazley is partnering with other Lloyd’s insurers to offer an insurance and crisis management solution that helps mitigate reputational risk. 8 May 2019
Insurance
Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) has completed the acquisition of Global US Holdings from an investment vehicle managed by AXA Liabilities Managers (AXA LM). 8 May 2019
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