Articles

Insurance

Allied World bullish on Asia

Allied World’s acquisition of RSA’s operations in Hong Kong and Singapore as well as its takeover by the Fairfax group has strengthened the re/insurer’s capabilities and potential growth opportunities in Asia, Michael Garrison, president Asia-Pacific, told SIRC Today.   29 October 2018

Insurance

BP Marsh acquires equity stake in EC3 Brokers

Venture capital firm BP Marsh & Partners has acquired 20 percent equity stake in London-based EC3 Brokers Limited for a total cash consideration of £5 million, in a mixture of preferred and ordinary shares.   18 December 2017

Insurance

Ed appoints Asia Pacific reinsurance head from IAG

Reinsurance, wholesale and specialty broker Ed has appointed Marcus Taylor as head of reinsurance Asia Pacific.   5 February 2018

Insurance

Lloyd’s CEO calls for digital push

Lloyd’s CEO Inga Beale has warned about the dangers the market could face if it does not speed up the adoption of new technology.   5 February 2018

Insurance

Barbican sets up shop in Bermuda; swoops AXIS/Novae exec

Barbican Insurance Group has launched a new operation in Bermuda, underwriting a direct and facultative portfolio of business on an excess and surplus lines basis.   5 February 2018

Insurance

Insurtech OnRisk forms strategic alliance with Lloyd's broker AFL

US-based insurtech startup OnRisk has formed a strategic partnership with independent Lloyd's broker AFL to develop new technology for structuring and placing property & casualty (P&C) risk.   10 July 2018

Insurance

Nationwide invests in AI insurtech start-up Betterview

US-based insurance and financial services provider Nationwide has made a strategic venture capital investment in Betterview, a software platform and service provider for capturing and analysing data from drones.   8 May 2018

Insurance

Retiring Axis CFO to receive $1.2m for consulting

Bermuda-based AXIS Capital Holdings has agreed to pay departing chief financial officer (CFO) Joseph Henry a fee of $1.2 million for advisory services in 2018.   15 December 2017

Insurance

Fidelis acquires equity stake in new MGA to add surety capacity

Bermudian Fidelis Insurance has taken an equity stake in new managing general agent (MGA) Firestone Surety and will be providing underwriting capacity.   15 December 2017

Insurance

XL Catlin taps Everest National exec for US excess casualty

Re/insurer XL Catlin has hired a senior executive from Everest National Insurance for its global excess casualty insurance business.   1 February 2018

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