Articles

Insurance

Prudential to buy US insurtech start-up Assurance IQ for $2.35bn

Prudential Financial is set to acquire US-based insurtech start-up Assurance IQ for $2.35 billion.   13 September 2019

Insurance

AXA XL names Luis Prato chief underwriting officer for UK entities

AXA XL insurance has appointed Luis Prato as new chief underwriting officer (CUO) for UK legal entities, Catlin Underwriting Agencies (CUAL) and XL Catlin Insurance Company UK (XLCICL).   12 September 2019

Insurance

Insured loss estimates for Hurricane Dorian reach $5bn for US and Carribean, says cat modeller KCC

Catastrophe modelling firm Karen Clark & Company (KCC) has estimated that the total insured loss from Hurricane Dorian in the US and Caribbean will be close to $5 billion.   12 September 2019

Insurance

P&C premium growth drives sharp rise in revenue for reinsurers; firms see 'benign major loss'

Reinsurers posted strong earnings in the first half of 2019, driven by a surge in premiums in Property & Casualty (P&C), according to Aon’s Reinsurance Aggregate ( ARA) report.   12 September 2019

Insurance

Sirius creates new head of life reinsurance role for PartnerRe's Florian Boecker

Sirius Group has hired PartnerRe's Florian Boecker as head of life reinsurance, an extension of the company's existing global accident & health (A&H) business.   12 September 2019

Insurance

BGC launches new aircraft finance solutions unit with Boeing hire

BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners which owns Ed and Besso, has expanded its global aviation brokerage to include aircraft finance solutions.   12 September 2019

Insurance

Willis Towers Watson partners with Sompo to launch insurance platform for middle market real estate companies

Broker Willis Towers Watson (WTW) has entered into a strategic partnership with Sompo Global Risk Solutions (GRS), a part of Bermuda-based re/insurer Sompo International Holdings, to create an integrated insurance platform for the middle market commercial real estate segment.   12 September 2019

Insurance

Allianz Partners CEO Serge Corel joins insurtech start-up Cuvva

Insurtech startup Cuvva has hired former CEO of Allianz Partners, Serge Corel, as director of partnerships to play a key role in driving its future growth.   12 September 2019

Insurance

Beazley boosts international healthcare team with new addition

Specialist insurer Beazley has appointed Andrew Page to join its healthcare team to write a range of international miscellaneous medical risks outside the US.   12 September 2019

Insurance

Third Point Re's Manoj Gupta becomes new COO of TigerRisk; Bredahl's role is split

Reinsurance broking and risk/capital management firm TigerRisk has appointed Third Point Re's Manoj Gupta as new chief operating officer (COO), based in New York.   11 September 2019

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