Articles
Insurance
Bermuda-based insurance group Enstar has signed an agreement with Zurich Insurance Group to reinsure its US asbestos and environmental liability insurance portfolios. 17 April 2019
Insurance
Guy Carpenter's Stephen Mathews has joined specialist reinsurance broker Capsicum Re's mortgage indemnity reinsurance division. Based in New York, he will head up the division’s global analytics capability. 17 April 2019
Insurance
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 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
Reinsurer PartnerRe has hired AXIS Re's Jonathan Colello as CEO of property and casualty (P&C) Americas, and president of Partner Reinsurance Company of the US. 16 April 2019
Insurance
SoFi, the online financial services provider, has partnered with AI powered-insurer Lemonade and smartphone and data science auto insurer Root to expand its insurance portfolio. 16 April 2019
Alternative Risk Transfer
An internal investigation by Markel Corporation into loss reserves in late 2017 and early 2018 at its CATCo found “no evidence” employees deliberately misled investors. 15 April 2019
Insurance
Argo has urged its shareholders to ignore voting cards and information they may have received from activist investor Voce Capital Management that could be used to vote out board members and replace them with Voce nominees. 12 April 2019
Insurance
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
US-based insurtech start-up Flyreel, a provider of artificial intelligence-powered underwriting solution for commercial and residential insurers, has secured $3.85 million in funding led by Gradient Ventures, Google’s AI-focused venture fund. 12 April 2019
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