Articles

Insurance

Insurer Chubb ups stake in Huatai creating ‘first Sino-foreign equity joint venture’

US insurer Chubb has increased its stake in the Chinese Huatai Insurance Group creating the “first domestic Chinese financial services holding company to convert to a Sino-foreign equity joint venture”, the company said.   5 March 2019

Insurance

Chubb partners with Aon to build Manhattan terrorism risk model

Chubb has partnered with Aon's catastrophe model development center Impact Forecasting to develop a terrorism risk model for Manhattan in New York City and other densely populated areas.   4 March 2019

Insurance

Former AmTrust investor Krupa files complaint alleging antitrust violations

Krupa Global Investments (KGI), a Prague-based investment firm and formerly a significant shareholder of AmTrust Financial Services, has filed a complaint against Stone Point Capital and AmTrust before the European Commission Directorate-General for Competition.   1 March 2019

Alternative Risk Transfer

Markel CatCo board recommends run-off as future in question

The future of Markel CatCo looked less certain today as the company’s board said it would “recommend an orderly run-off” of the firm's portfolios.   1 March 2019

Insurance

TigerRisk recruits JLT Re's Florida market reinsurance expert David Unsworth

Reinsurance broking and risk/capital management firm TigerRisk Partners has hired a Florida market reinsurance veteran from Jardine Lloyd Thompson Group (JLT).   1 March 2019

Insurance

Third Point Re swings to loss in 2018 due to 'challenging investment conditions'

Bermuda-based reinsurer Third Point Re posted a net loss for both the fourth quarter 2018 and the full year, driven by "poor investment performance combined with modest catastrophe losses", according to its CEO Rob Bredahl.   28 February 2019

Insurance

HDI Global Specialty snaps up Neon Underwriting’s bloodstock team

HDI Global Specialty, a creation of a merger of the specialty lines activities of Hannover Re and HDI Global, has acquired Neon Underwriting’s bloodstock team.   28 February 2019

Insurance

Davies unveils senior promotions to drive growth and investment

Insurance service provider Davies Group has unveiled senior promotions to accelerate its investment and rollout plans, following minority investment from Alberta Investment Management Corporation (AIMCo).   28 February 2019

Insurance

Liberty Mutual 2018 results show strong premium growth

Liberty Mutual reported strong premium growth as its chair and CEO David Long, welcomed “improved” market conditions and “robust” international growth.   28 February 2019

Insurance

Munich Re picks insurtech CyberCube to boost cyber risk analytics

Reinsurer Munich Re has selected insurtech CyberCube's analytics platform to help quantify, model and control cyber accumulation risk.   28 February 2019

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