Articles

Insurance

Insurers must embrace climate change stress test - JBA Risk Management

Data indicates potential 30% increase in average losses by 2040.   30 March 2021

Insurance

AXA closes $69m Emirates Re deal

AXA Group's specialist run-off acquirer and manager has completed the purchase of a 93 percent majority stake in Emirates Re, with a total of $69 million gross reserves.   18 September 2018

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Lloyd's broker Tysers expands into Bermuda with Richard Tomkins at helm; move part of strategic growth plan

UK-based Lloyd's broker Tysers, part of Integro Insurance Brokers, has launched a hub in Bermuda under the leadership of Richard Tomkins, in a move aimed at expanding its global footprint and capitalising on the attractive market opportunities available on the island.   14 August 2019

Insurance

Arch Insurance-backed insurtech MGA C-Quence launched in London

C-Quence, a new insurtech managing general agent (MGA) with a commercial insurance trading and underwriting platform, has been launched in London.   29 January 2019

Insurance

FWD Group closes $3bn SCB Life acquisition deal; appoints new CEO from AXA

Asian insurer FWD Group has appointed David Korunić as the new chief executive officer for SCB Life Assurance Public Company (SCBLIFE), following the completion of its acquisition of SCBLIFE from The Siam Commercial Bank Public Company (SCB).   27 September 2019

Insurance

Chubb inks 15-year distribution deal with Banco de Chile

Insurer Chubb has entered into a 15-year life and general insurance distribution agreement with Banco de Chile, the largest bank based in Chile, to further expand its presence in the Latin American market.   28 January 2019

Insurance

Markel creates standalone marine/energy divisions as profit rises

Specialist insurer Markel International has created two new standalone divisions for marine and energy, and appointed Chris Fenn and Julian Samuel as managing directors of the businesses.   5 November 2018

Insurance

MGA Nirvana hires Axis Capital underwriter to expand portfolio

Nirvana Risk Partners, an underwriting cell on Castel Underwriting Agencies' managing general agent (MGA) formation platform, has appointed Glenn Crickmar as underwriter to expand the team's specialist media, technology and cyber liability capabilities.   15 May 2017

Insurance

Italy's Generali posts increased profits, solid 2018 results beat targets

Profits at Italian insurer Generali soared in 2018 as the company exceeded all its targets for the past three years, attributed to improvements in all group business segments including life, property/casualty and asset management.   14 March 2019

Insurance

Everest hires from Aspen for commercial surety expansion

Everest Insurance has appointed Jessica Mann to its surety team as vice president, commercial surety lead, working in the company’s Houston office.   6 August 2018

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