Articles
Insurance
Specialist Lloyd's insurer Neon has launched a new contingency offering with the hiring of Barents Re executive Jeremy Cooke as contingency underwriter. 10 April 2018
Insurance
Property/casualty insurer Chubb is targeting major growth opportunities in the global middle market and small commercial business sector, CEO Evan Greenberg said in a letter to shareholders. 9 April 2018
Insurance
Maiden Holdings’ board of directors has retained BofA Merrill Lynch to assist the company in evaluating strategic alternatives to enhance the value of the enterprise. 9 April 2018
Insurance
The total transaction volume of insurtech merger and acquisitions (M&As) in Asia hit $460 million in 2017, more than three times that of 2016, as industry incumbents and new entrants to the market pushed towards greater digitalization, according to the fourth Quarterly InsurTech Briefing from Willis Towers Watson. 9 April 2018
Insurance
Bermuda-based property and casualty re/insurer Sompo International has appointed Jonathan Monks and Ben Tasse to strengthen broker/agent relations, business development strategies and interactions with key US distribution markets. 9 April 2018
Insurance
XL Catlin has enlisted California-based insurtech analytics company Praedicat to help address changing liability insurance needs using its emerging risk models and software for casualty insurance. 9 April 2018
Insurance
Insurtech startup Wrisk, which is backed by firms like Munich Re, Hiscox and QIC, has made leadership appointments following its latest funding round that is said to have surpassed its target of £500,000 in under five days. 9 April 2018
Insurance
TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, has made a series of appointments in North America, Latin America & Caribbean and Hong Kong. 9 April 2018
Insurance
The 2018 Atlantic hurricane season (June 1 to Nov. 30) is expected to result in 14 named storms, causing a “slightly above-average” hurricane season, according to Colorado State University researchers. 6 April 2018
Insurance
The high cost of doing business, due to high acquisition and administration, will continue pressuring underwriting results in the London insurance market in 2018, prompting Fitch Ratings to keep a negative sector outlook for the industry. 6 April 2018
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