Articles

Insurance

Sompo unveils weather risk cover for real estate & hospitality sectors

Bermuda-based property and casualty re/insurer Sompo International Holdings has developed a new suite of weather-driven risk management products tailored for the real estate and hospitality sectors.   28 June 2018

Insurance

UK motor insurance sector posts record results

The UK motor insurance market has reported a net combined ratio (NCR) of 96.8 percent in 2017, the best result since 1994 and the second best since records began, according to EY’s Annual UK Motor Insurance Results.   28 June 2018

Insurance

Chilton returns to Capsicum Re to drive next phase of growth

Grahame ‘Chily’ Chilton, the founding partner of Capsicum Re, is rejoining the specialist reinsurance broker later this year and step down from his role as UK chief executive officer (CEO) of Arthur J Gallagher.   21 June 2018

Alternative Risk Transfer

Texas Windstorm Insurance Association secures $1.4bn reinsurance cover

The Texas Windstorm Insurance Association (TWIA) has secured $1.4 billion in reinsurance coverage for the 2018 hurricane season, according to its annual report.   21 June 2018

Insurance

Chubb reveals North America commercial insurance leadership changes

Property/casualty insurer Chubb has appointed Paul Lewis North America commercial insurance industry practice leader for its North American mid-market segment.   21 June 2018

Insurance

Monument Re acquires run-off portfolio from Metlife Europe

Bermuda-based Monument Re has acquired a run-off portfolio of linked and traditional business from Metlife Europe.   21 June 2018

Insurance

Insurtech Ethos launches with $11.5m in financing

New life insurer Ethos has started operating in the US with $11.5 million in financing led by Sequoia Capital.   21 June 2018

Insurance

AmTrust shareholders decide on privatisation plan

AmTrust Financial Services’ shareholders are voting today, June 21, 2018, at 10:00 am (EDT) in a special meeting on the privatisation plan of the specialty insurer.   21 June 2018

Insurance

MS Amlin partners with AI insurtech Cytora to boost underwriting

Specialty re/insurer MS Amlin has partnered with London-based insurtech start-up Cytora to deploy artificial intelligence (AI) into the commercial underwriting processes.   20 June 2018

Insurance

Abu Dhabi Investment Authority buys PIC stake from JC Flowers

The Abu Dhabi Investment Authority (ADIA) is acquiring up to 21.4 percent in Pension Insurance Corporation Group from funds advised by private equity firm JC Flowers.   20 June 2018

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