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Insurance
Verisk, the data analytics provider, has launched a new personal lines flood insurance programme, which is designed to make flood coverage more widely available to homeowners anywhere in the contiguous US. 12 January 2018
Insurance
Life reinsurer Reinsurance Group of America (RGA) and RenaissanceRe have partnered to launch a new global reinsurer targeting large in-force life and annuity blocks of business. 11 January 2018
Insurance
Georgia-based insurance broker Prime Risk Partners has appointed Scott Tofil as executive vice president and chief financial officer. 11 January 2018
Insurance
Hippo, a California-based insurtech company focussed on transforming home insurance, is partnering with Spinnaker Insurance Company to expand in the US. 11 January 2018
Insurance
Ajit Jain, widely regarded as the architect of the success of the reinsurance side of Berkshire Hathaway’s business for many years, has been given a seat on the board of directors of the whole company, filling the new role of vice chairman of the insurance division. 10 January 2018
Insurance
US insurance broking group Acrisure is to acquire reinsurance intermediary Beach & Associates. It will buy-out private equity firm Aquiline Capital Partners as part of the deal. 10 January 2018
Insurance
The family that originally helped found AmTrust Financial Services has partnered with private equity funds managed by Stone Point Capital to propose taking the troubled insurer private in a deal worth around $1.4 billion. 10 January 2018
Insurance
A wide swath of rating movements for North American property/casualty (P/C) insurers due to capital pressure is unlikely, S&P Global Ratings has surmised having completed a stress test on the sector. 10 January 2018
Insurance
AM Best is maintaining its 2018 outlook for the US property/casualty reinsurance sector at negative, citing the pronounced pressure on US property catastrophe rates as the alternative capital market presence in the property catastrophe space continues to grow. 10 January 2018
Insurance
Blackstone Insurance Solutions, a new business launched by private equity group Blackstone, has hired the former president of New York Life’s Investments Group as its chief executive. 10 January 2018
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