Articles

Insurance

AIG appoints new global head of accident and health from Chubb

American International Group (AIG) has appointment Edward Levin as global head of accident & health, general insurance.   28 January 2019

News

Terra Brasis Re renews $5m cat bond deal with AIG's AlphaCat

AIG's insurance-linked securities (ILS) unit AlphaCat Managers has completed a $5 million private catastrophe bond transaction with Brazilian reinsurer Terra Brasis Re.   28 January 2019

Insurance

AXIS estimates losses from Hurricane Michael could reach $120m

AXIS Capital Holdings has said its preliminary pre-tax loss estimate for Hurricane Michael will be in the range of $100 million to $120 million, net of estimated recoveries from reinsurance and retrocessional covers and including the impact of estimated reinstatement premiums.   9 November 2018

Insurance

RGA, RenRe backed Langhorne Re reveals CEO of US subsidiaries

Bermuda-based Langhorne Re, a global reinsurer targeting large in-force life and annuity blocks, has appointed Steve Zonca as CEO of its US-based operating subsidiaries.   12 October 2018

Insurance

Everest expects $695m nat cat loss from Q4 2018

Bermuda-based Everest Re Group is expecting to incur fourth quarter 2018 catastrophe losses of $695 million, net of reinsurance, reinstatement premiums and taxes.   25 January 2019

Insurance

Marine insurer North P&I Club boosts loss prevention team in Singapore

Marine liability insurer North P&I Club has bolstered its loss prevention team in the Asia Pacific region by relocating Andrew Glen to Singapore from its UK based head office.   24 January 2019

Insurance

Talanx acquires P&C insurer from Munich Re ERGO to expand in Turkey

German re/insurer Talanx, the parent company of Hannover Re and HDI, has acquired property/casualty insurer ERGO Sigorta AS from a Munich Re subsidiary to further expand its activities in Turkey.   3 May 2019

Insurance

Legacy insurer DARAG acquires Italian non-life portfolio from DONAU

European legacy acquirer DARAG Group has purchased a portfolio of Italian non-life business, consisting primarily of motor third party liability from DONAU Versicherung.   22 January 2019

Insurance

Lemonade attracts $120m in latest funding round for global expansion

Japanese lender Softbank has led a $120 million funding round in US insurtech firm Lemonade which wants to use the funds for a global expansion in 2018.   20 December 2017

Insurance

Bluefin makes sixth acquisition in 2016

Independent UK-based insurance broker Bluefin has acquired Northern Alliance Brokers, based in Wakefield, West Yorkshire.   9 November 2016

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