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Insurance
Arity, a Chicago-based data start-up by insurer Allstate, has launched a new technology designed to help insurers price individual motor policies partly based on how distracted they are by mobile technology while driving.   25 January 2018
ABIR picks Hamilton's Albo as deputy chair, Catlin's Convex as newest member
Insurance
The Association of Bermuda Insurers and Reinsurers (ABIR) has elected Hamilton CEO Pina Albo as its deputy chair, and added Stephen Catlin and Paul Brand's newly launched specialty re/insurer Convex Group to its membership.   18 July 2019
Insurance
Re/insurance broker Aon has appointed John English as CEO for its Aon Captive & Insurance Management business.   18 May 2018
Insurance
Charles Taylor Managing Agency has placed Syndicate 1884, which is managed by the business, into run-off.   18 October 2018
Alternative Risk Transfer
Specialty re/insurer Brit is launching a new Bermuda-domiciled collateralised reinsurance platform, Sussex Capital, and has appointed former Axis Re CEO Jay Nichols to join its board.   13 December 2017
Insurance
Germany-based insurance start-up Coya has secured nearly $30 million from investors led by Valar Ventures and e.ventures.   7 June 2018
Insurance
Increasing premium limits, reporting requirements, ownership restrictions, and increased scrutiny from the Internal Revenue Service (IRS) has made prospective captive owners more cautious about forming 831(b) captives.   8 August 2017
Insurance
US-based multiple-line insurer Mercury General Corporation will pass on most of the expected $253 million losses from the Camp and Woolsey wildfires in California to reinsurers.   28 November 2018
Insurance
The rating agencies have started to react to the news that Liberty Mutual will acquire Ironshore – just over a year after Fosun International, China’s biggest conglomerate, acquired the remaining 80 percent stake in the Bermuda-based property/casualty insurer.   6 December 2016
Insurance
Outgoing Lloyd’s CEO Inga Beale has received sexist and homophobic abuse when she became the first female CEO of Lloyd’s of London, according to The Times.   8 October 2018

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