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Insurance
Bermuda-based Monument Re, through its European subsidiary Laguna Life, has acquired a run-off portfolio of flexible premium retail life insurance contracts from Ethias, known as the First A Portfolio. 17 April 2018
Insurance
RLI, a specialty insurer serving property/casualty and surety markets, has elected David Duclos to its board of directors for a term expiring at RLI’s next shareholders’ meeting in May 2018, at which time he will stand for re-election. 9 May 2017
Insurance
Specialist credit and political risk insurance brokers BPL Global and EIA Global have signed a memorandum of understanding (MoU) to form a joint venture insurance broking company in New York, focusing on global financial institutions. 11 October 2017
Insurance
European run-off insurance company DARAG has appointed Stuart Davies, the former group CEO of Sompo Canopius, as chairman of the group. 29 June 2017
Insurance
UK-based Direct Line has seen its operating profit in the motor business more than double in 2017 after UK’s Ogden personal injury discount rate change, boosting overall results, but reinsurance cost also increased at January 2018 renewals. 27 February 2018
Insurance
Eos Venture Partners, a specialist venture capital investor, is launching a new $100 million fund targeting early and growth stage insurtech ventures, which will allow insurers to invest in the insurtech sector indirectly and gain access to potentially transformative technology, Intelligent Insurer can reveal. 11 April 2018
Insurance
Former XL Catlin veteran Paul Jardine has joined the advisory board of insurtech startup AkinovA. 15 November 2018
Insurance
Broker Marsh has launched a cloud-based digital broker platform for the affinity market. 15 November 2018
Insurance
The insurance industry warned the UK government of the dangers of flammable external cladding on buildings a month before the Grenfell Tower blaze that killed at least 79 people. 26 June 2017
Insurance
Bahrein-based re/insurer Trust Re has appointed Kevin Quek as general manager for its Labuan, Malaysia licensed branch office. 26 June 2017
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