Articles

Insurance

Allied World CFO and chief actuary depart post Fairfax merger

Thomas Bradley, the chief financial officer (CFO) of Allied World Assurance Company Holdings, has left the company following its $4.9 billion acquisition by Canadian P&C re/insurer Fairfax Financial Holdings.   7 August 2017

Insurance

Swiss Re expands African operations with new P&C licence

Swiss Re has strengthened its African business through its newly approved licence for property & casualty (P&C) business in South Africa.   2 May 2018

Insurance

StarStone hires XL Catlin's O’Malley as new head of cargo

StarStone, the specialty insurer and subsidiary of Enstar Group, has appointed Rod O’Malley as head of cargo in London. He will report to global head of marine Simon Schnorr.   12 June 2017

Insurance

Insurtech Quantemplate secures funds for expansion, appoints CEO

Insurtech firm Quantemplate has received £2.5 million of new capital to accelerate its expansion plans while appointing David Lundgren as CEO and board director.   12 December 2017

Insurance

MS Amlin targets product recall growth with XL Catlin hire

Specialty re/insurer MS Amlin has appointed Ed Mitchell as lead underwriter for its product recall team.   1 September 2017

Insurance

AXA strikes exclusive digital insurance partnership with ING

French insurer AXA has partnered with European financial services corporation ING to provide insurance products and related services through a central digital insurance platform.   13 June 2018

Insurance

Enstar, PE firm acquire stakes in AmTrust

Bermuda-based insurance group Enstar and private equity firm Madison Dearborn Partners (MDP) are taking a stake in AmTrust Financial Services.   25 July 2018

Insurance

Profits and GWP up in Q2 at RenRe but uncertainty on 2017 cat claims remains

RenaissanceRe enjoyed strong growth in the second quarter in both its property book and its casualty book and its profits grew. But it warned that “meaningful uncertainty” remains around the scale of claims stemming from many of the big catastrophes that hit its profits last year.   25 July 2018

Insurance

Insurance M&A speeds up driven by scale, geographic reach

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

Insurance

AXA XL suffers high charges in reinsurance

‘AXA XL incurred an above average level of natural catastrophe claims in the third quarter and early into the fourth quarter, mostly from reinsurance’.   7 November 2019

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