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Munich Re is to acquire software company relayr via its subsidiary, Hartford Steam Boiler (HSB), as it looks to create new business models in the industrial Internet of Things (IoT). 4 September 2018
Insurance
The second half of 2017 showed an uptick in insurance M&A deals globally for the first time since 2015 and was followed by a number of high profile transactions in 2018. 12 March 2018
News
Three of the largest shareholders in Brazil's reinsurer IRB Brasil Resseguros said the company filed for an initial public offering (IPO) of shares with the country's securities industry watchdog CVM, Reuters reported on May 29. 30 May 2017
Insurance
Despite the importance to reinsurers, and cedants in many cases, of achieving and maintaining a desirable financial strength rating, many companies still fail to grasp the complexity of rating agencies’ methodology—and some face downgrades as a result. 13 September 2017
Insurance
Lloyd's underwriting syndicate DTW1991, which was established by Randall & Quilter Managing Agency (R&Q) in January 2013, has appointed John Cowell as senior underwriter, and Ed Colville as underwriter in its UK and international underwriting team. 25 July 2017
Insurance
European run-off insurance company DARAG has appointed Tullio Ferrucci as CEO of DARAG Italia. 13 October 2017
Alternative Risk Transfer
US risk retention group County Hall Insurance said on Oct. 13 that it renewed its reinsurance placement through Lloyd’s of London. 13 October 2017
Insurance
Bermuda-based Arch Capital Group said on Oct. 12 that it expects after-tax costs of $285 million to $345 million from natural catastrophes occurred in the third quarter of 2017. 13 October 2017
Insurance
Bermuda-based specialist insurer Hiscox has launched a cyber training centre to help its cyber insurance customers worldwide mitigate and manage their cyber risks. 25 April 2018
Insurance
Telematics and wearables helping companies better predict claim probability, as well as the inclusion and growth of premium comparison sites, has driven a surge in insurtech adoption, according to a study by consulting and advisory firm EY. 26 June 2017
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