Articles
Insurance
Re/insurer AXA XL and US-based insurtech Slice Labs, which offers cloud-based on-demand insurance, have launched a new cyber insurance policy specifically designed for small and midsize businesses (SMBs). 1 November 2018
Insurance
Bermuda-based RenaissanceRe Holdings has agreed to acquire its competitor Tokio Millennium Re (TMR) for approximately $1.5 billion from its parent company Tokio Marine Holdings. 31 October 2018
Insurance
Natural catastrophes have impacted Bermuda-based RenaissanceRe Holdings’ (RenRe) profits in the third quarter of 2018 while the company revealed that it is acquiring Tokio Millennium Re (TMR) for approximately $1.5 billion. 31 October 2018
Insurance
Markel Corporation has returned to profit in the third quarter of 2018 despite having experienced significant catastrophe losses during the period. 31 October 2018
News
Challenging market conditions and a renewed focus on building its primary insurance business have resulted in Tokio Marine Holdings taking the decision to divest its reinsurance operations in a $1.5 billion sale to specialist Bermuda reinsurer RenaissanceRe Holdings, which is scaling up its business. 31 October 2018
Insurance
Asia Capital Reinsurance Group (Asia Capital Re), a wholly owned subsidiary of ACR Capital Holdings, has bolstered its underwriting and management team while filling certain leadership positions for its treaty, facultative and specialty business. 30 October 2018
Insurance
Ensurance UK, a construction and engineering managing general agency (MGA) and Lloyd's coverholder, has appointed Tim Cramphorn as non-executive director. 30 October 2018
Insurance
The Property Casualty Insurers Association of America (PCI) has elected new officers to its board of governors. 30 October 2018
Insurance
The boss of US re/insurer Navigators believes the company will go from strength to strength under the ownership of The Hartford—especially in its international operations and its reinsurance unit—as it rolls out a wider range of products and is backed by an even bigger balance sheet. 30 October 2018
Insurance
Industry veteran Ted Blanch wants and intends his new venture, a reinsurance broker that will be part-owned by its clients, to be a disruptive force in the industry, he told PCI Today. 30 October 2018
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