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Insurance
Swiss Re has reached an agreement with Japanese insurance group MS&AD Insurance Group Holdings (MS&AD) for a further investment of £315 million into ReAssure, Swiss Re's UK closed life book consolidator. 20 December 2018
Insurance
Insurance broker Brown & Brown has acquired substantially all of the assets of C & C Risk Services, a managing general agent (MGA) providing excess public entity insurance coverage to municipalities in Texas and Florida. 18 June 2018
Insurance
Berlin-based artificial intelligence (AI) powered insurtech start-up omni:us has appointed Joost Heideman as strategic advisor to help drive the company’s global expansion plans. 25 March 2019
Insurance
The market is now well overdue a fundamental correction in pricing, something Stephen Catlin will look to capitalise on with his new venture Convex Group, unveiled yesterday (Tuesday May 1). He claims that losses in the industry have been so severe in recent years they are on the verge of destroying capital – something that should prompt a radical change. 1 May 2019
Insurance
Specialist insurance and reinsurance market Lloyd’s has appointed David Duclos as non-executive chairman of Lloyd’s Global Network, where he will play a key advisory role in the development of Lloyd’s international network. 6 February 2019
Insurance
Ryan Specialty Group (RSG) has teamed up with insurance and financial services provider Nationwide to launch a new reinsurance company based in Bermuda, Geneva Re. 7 May 2019
News
Boosted by a slight hardening of rates on some lines and a relatively benign period of catastrophe activity, it seems many reinsurers have responded to the difficult investment environment by improving the profitability of their underwriting books. A number of reinsurers have posted healthy combined ratios for their 2012 results in recent weeks. 12 February 2013
Insurance
Asta, a third-party managing agent at Lloyd's, has appointed Paul Jardine and Bob Stevenson to the board of Asta Managing Agency as independent non-executive chairman and independent non-executive director, respectively. 25 October 2018
Technology
Insurers are at a crossroads as AI drives industry evolution. Richard Hartley, CEO of insurtech Cytora, outlines the areas to watch as things progress. 26 May 2020
Insurance
The Latin American region is still not tapped to its full potential and is on the radar of GIC Re to expand its business, Alice Vaidyan, chairman-cum-managing director, GIC Re, told Fides Today. 9 September 2019
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