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Insurance
Bermuda-based specialty re/insurer AXIS Capital Holdings has expanded its board of directors with the addition of Barbara Yastine. 28 June 2018
Insurance
US-based online insurance marketplace EverQuote has announced its initial public offering (IPO) that is set to raise nearly $84.4 million through the sale of 4,687,500 shares of Class A common stock at $18 per share, before underwriting discounts and commissions. 28 June 2018
Insurance
JLT Re unit Jardine Lloyd Thompson Capital Markets (JLTCM) has completed the placement of catastrophe bond Oak Leaf Re 2018-1, which closed at $45.26 million. 27 June 2018
Insurance
Everest Insurance has appointed David Nikolai as head of the Specialty Insurance Group (SIG), a provider of insurance for the sports, leisure, and entertainment industry. 27 June 2018
Insurance
Risk management services firm Hanover Stone Solutions has appointed three senior advisors to its newly-formed strategic planning consulting practice. 27 June 2018
Insurance
New York-based insurtech startup CoverWallet, an online platform helping small businesses to understand, buy and manage insurance, has launched the first application programme interface (API) for commercial insurance. 27 June 2018
News
Reinsurance broker JLT Re has hired senior executives from RSA and Guy Carpenter to expand JLT FAC, its facultative reinsurance division that focuses on property, construction and casualty. 26 June 2018
Insurance
New amendments to Rhode Island’s Voluntary Restructuring of Solvent Insurers Law and the Rhode Island Protected Cell Companies Act will make run-off transactions easier to execute, and will open the door to a $100 billion market in US transactions via books of legacy business, according to consultancy firm Pro Global. 26 June 2018
Insurance
Bermuda-based Sirius International Insurance Group has highlighted the growth opportunities the firm faces as it revealed its merger agreement with special purpose acquisition firm Easterly Acquisition which will result in Sirius becoming a publicly listed company. 26 June 2018
Insurance
Dutch EXIN Group has settled all pending litigation and disputes with US investor Calamos Family Partners. 26 June 2018
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