Articles

Insurance

Hiscox partners with US insurtech for claims handling

Global specialist insurer Hiscox is introducing a customer messaging solution from Boston, Massachusetts-based insurtech firm Hi Marley for AI-powered claims handling communications.   3 September 2018

Insurance

Kingstone taps insurtech Roost for home telematics

New York-based multi-line regional property and casualty insurer Kingstone has partnered with California-based home telematics company Roost.   3 September 2018

Alternative Risk Transfer

Markel to acquire Nephila to become largest manager of ILS funds

Markel Corporation is to acquire Nephila Holdings in a deal that will create an entity with assets under management between Nephila and Markel CATCo of some $19 billion.   31 August 2018

Insurance

Enstar acquires Maiden Reinsurance North America for $308m

Bermuda-based Enstar Group is acquiring Maiden Reinsurance North America from a subsidiary of Maiden Holdings.   31 August 2018

Insurance

AM Best critical of Maiden after US renewal rights sale to TransRe

AM Best has placed the financial strength rating and the long-term issuer credit ratings (ICRs) for Maiden Reinsurance, and its affiliate Maiden Reinsurance North America under review with negative implications following the announcement that the renewal rights for its US diversified business were being sold to TransRe.   31 August 2018

News

Munich Re Specialty taps Aspen, XL Catlin to lead Americas underwriting

Munich Re Specialty Group (MRSG) of London has added former Aspen and XL Catlin executives to lead its underwriting team.   31 August 2018

News

Aon bolsters cyber leadership to boost growth, innovation

Broker Aon has promoted Catherine Mulligan and Luke Foord-Kelcey within its reinsurance solutions business to strengthen its suite of cyber products for insurers.   31 August 2018

Insurance

US P&C sector operating return up 8% in H1

US property/casualty (P&C) re/insurers have improved operating returns by 8.0 percent year on year in the first half of 2018 after an increase of 6.8 percent in the same period of 2017, according to Fitch Ratings.   31 August 2018

Insurance

TransRe takes over Maiden Re US treaty renewal rights, hires whole team

TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, has acquired the exclusive renewal rights to all of Maiden Re's US treaty reinsurance underwriting business.   30 August 2018

Insurance

Maiden to sell North America reinsurance operations

Maiden Holdings is in advanced discussions regarding the sale of its wholly-owned subsidiary, Maiden Reinsurance North America (MRNA) to a third party.   30 August 2018

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