Articles

Insurance

Sompo merges US units into global insurance platform SIH

Sompo International Holdings (SIH) has completed the transfer of the Sompo America companies’ business operations and staff into its own Bermuda-based platform.   2 February 2018

Alternative Risk Transfer

Concerns over ILS models raised at SIFMA

The growth of the insurance linked securities (ILS) markets could be good for the insurance industry as a whole but some concerns remain around the risk modelling used by these deals and standardisation of documentation in the market could be improved.   6 March 2014

Insurance

AXA XL leads $37m financing for AI-driven auto insurtech Zendrive

US-based data and analytics firm Zendrive has raised $37 million in its Series B funding led by AXA XL's insurtech venture capital fund XL Innovate.   22 August 2019

Insurance

Aon unveils new IFRS 17 solution to bridge gap between risk and finance

Re/insurance broker Aon has launched an IFRS 17 (International Financial Reporting Standard) solution on its capital modelling platform to help insurers fulfil their reporting obligations.   8 July 2019

Insurance

Catlin's re/insurance start-up Convex strikes long-term strategic partnership with WNS

Insurance veteran Stephen Catlin and Paul Brand's newly launched specialty re/insurer Convex Group has signed a long-term strategic contract with WNS Holdings to build what it describes as a first-of-its-kind, integrated "Platform + BPM (business process management) as-a-service” proposition across industry horizontals, including support services relating to operations for insurance, reinsurance, claims, finance and human resource.   8 July 2019

Insurance

Sompo launches nat cat model for Australia

Specialty re/insurer Sompo Canopius and Sompo Japan Nipponkoa Insurance (SJNKI) have launched a natural catastrophe risk model for North-West Australia offshore installations.   15 May 2017

Insurance

Markel hires trade credit underwriter from Coface Dubai

Specialist insurer Markel International has hired Ramzi El Kadi as underwriter in its trade credit, political risk and surety operation in Dubai.   14 February 2019

Insurance

USI Insurance snaps up wholesale broker US Risk

Texas-based US Risk Insurance Group, a specialty lines underwriting manager and property/casualty wholesale broker, has entered into a definitive agreement to be acquired by USI Insurance Services, a insurance brokerage and consulting firm.   14 February 2019

Insurance

Gallagher bolsters UK construction practice

Broker Gallagher has strengthened its UK construction division within the speciality business with the appointment of Julie Scott.   9 August 2018

Insurance

Canopius taps new head of claims from Markel

Specialty re/insurer Canopius has appointed Gabrielle Folliard as head of claims from Markel International.   1 November 2018

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