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Castel Underwriting Agencies, an MGA formation platform that supports individual underwriters with smaller books of niche business, has expanded its Castel Specialty portfolio with the addition of a political risk book. 21 May 2018
Insurance
Lloyd’s Lab, the experimental development hub for Lloyd’s of London, has unveiled its second cohort of 12 teams, which include AI, gig economy, and language processing innovators. 29 April 2019
Insurance
Tokio Marine Kiln (TMK) has unveiled a drastic reorganisation of its Asian operations, which includes closing its Hong Kong office with immediate effect, citing challenging market conditions. 24 October 2018
Insurance
The London Market Group (LMG) has released a white paper to discuss the creation of a foreign aid catastrophe bond (FAB) at a roundtable in the House of Commons. 14 July 2016
Insurance
Re/insurer XL Catlin has extended its global mergers and acquisitions (M&A) capacity by 20 percent to $60 million, in order to better address the transactional liability insurance needs of clients, brokers and other deal professionals. 16 May 2018
Insurance
Willis Re has appointed Brian Shea, previously head of Willis Towers Watson Securities Europe, as managing director and head of strategic and financial analysis for Willis Re International. 24 January 2019
Insurance
Bermuda-based Ironshore International has increased the capacity for its terrorism and sabotage offerings to $400 million from the current limit of $375 million, following the rise in such attacks worldwide. 22 February 2017
Insurance
US-based property/casualty insurer Travelers has acquired a majority stake, approximately 60 percent, in the Canadian fintech start-up Zensurance for roughly C$16 million ($12.2 million), according to BetaKit. 24 August 2018
Insurance
Gerald Stephens, the founder of US specialty insurer RLI, has passed away at the age of 86. 24 August 2018
Insurance
Collaboration gives Microsoft customers on-demand, cloud-based cyber insurance. 12 December 2019
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