Articles

Insurance

PartnerRe sells New York unit to Employers

Bermuda-based PartnerRe is selling its New York-based multi-property and casualty reinsurance unit to Nevada-based Employers Holdings, according to an SEC filing.   17 August 2017

Alternative Risk Transfer

PartnerRe strikes £725m reinsurance deal with PIC

Bermudian PartnerRe has revealed a £725 million longevity reinsurance agreement with UK-based specialist insurer Pension Insurance Corporation (PIC).   23 January 2018

Insurance

Boeing 737 Max software fix confirmed as Munich Re assesses exposure

As US aircraft manufacturer Boeing announced software upgrades to its 737 Max planes, it remained unclear how far this fix could mitigate the potential losses for the global insurance industry.   28 March 2019

Insurance

Rate hikes and lower US tax lifts P&C industry

Higher pricing following the major catastrophe losses in 2017 together with a lower US tax rate is set to boost property/casualty (P&C) earnings in 2018, according to Morgan Stanley research.   18 January 2018

Insurance

Insurethebox founder launches new insurtech venture

Mike Brockman, the founding member of insurethebox has launched a new insurtech venture in London.   16 January 2018

Insurance

Everest picks Ireland for EU subsidiary; hires Aon exec as head

Bermuda-based holding company Everest Re Group has been granted in-principle approval by the Central Bank of Ireland to operate as an authorised non-life insurer in Ireland.   3 October 2017

Insurance

Nippon Life acquires MassMutual's Japanese unit for $935m

Nippon Life Insurance Company is acquiring an 85.1 percent stake in MassMutual Life Insurance Company (MassMutual Japan), a Japanese unit of US insurer MassMutual International.   5 March 2018

Insurance

Asta sells Munich Re-backed MGA Pelican to Manchester Underwriting

Lloyd's third-party managing agent Asta has completed the sale of its managing general agent (MGA) Pelican Underwriting One, which trades as Pelican Underwriting, to specialist MGA Manchester Underwriting Management (MUM).   5 March 2018

Insurance

Qatar Re to open new London branch; appoints head

Bermuda-based Qatar Reinsurance Company (Qatar Re) has received regulatory authorisation from the UK's Prudential Regulation Authority (PRA) to open a branch office in London and carry out certain regulated activities.   11 January 2018

Insurance

Insurtech Hippo targets 60 percent coverage of US through Spinnaker partnership

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

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