Articles
Alternative Risk Transfer
Despite a multitude of other catastrophes in 2018, the single biggest loss event for reinsurers was so-called loss creep from 2017’s Hurricane Irma. Dirk Lohmann of Schroders examines what went wrong and what the industry must learn. 28 February 2019
Insurance
US-based property/casualty insurer The Hanover Insurance Group has expanded its specialty leadership team with a series of talent investments. 27 February 2019
Insurance
Specialist re/insurer Ascot has appointed Jeff Vetter as executive vice president and head of inland marine. He joins from Markel where he led their inland marine division. 20 February 2019
Insurance
German-based Allianz Group has increased the size of its digital investment unit Allianz X, making it one of the largest corporate venture funds in Europe. 20 February 2019
Insurance
Aon has outlined the three characteristics that enable specialist insurers to “thrive, sometimes profitably, in one of the toughest property insurance markets” in Florida in the US, in a report out today (Thursday 14 February). 14 February 2019
Insurance
TrackActive, a UK-based InsurTech startup, said it is on target to raise the £300k it needs in seed funding after it partnered with Gen Re, lead investor HR Tech Partnership, and other angel investors through Seedrs. 13 February 2019
Insurance
Chicago-based Ryan Specialty Group (RSG) has signed a definitive agreement to acquire the assets and operations of International Specialty Insurance Services (ISI). 13 February 2019
Insurance
London-based managing general agent Lodestar Marine, a part of Ryan Specialty Group (RSG), has entered into an agreement with Bermuda-based Aspen Insurance to provide protection and indemnity (P&I) insurance to the owners of small and specialised ships. 13 February 2019
Insurance
Italian insurer Generali has completed the acquisition of a majority stake in Sycomore Factory SAS, the controlling company of Paris-based Sycomore Asset Management. 13 February 2019
Insurance
San Francisco-based Socotra, an insurtech startup, has raised an additional $5.2 million in funding from Mitsui Sumitomo, Nationwide and venture firm 8VC. 13 February 2019
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