Articles
Insurance
Zurich Insurance Group has agreed to sell its pre-2007 UK legacy employers’ liability policies portfolio to Bermuda-based specialist acquirer of legacy insurance portfolios Catalina Holdings. 17 December 2018
Insurance
Munich Reinsurance America has appointed Michael Kerner as CEO for Munich Re Specialty Insurance, a new commercial insurance unit in North America. 17 December 2018
Insurance
European insurers showed “high resilience” to a series of natural catastrophes where European countries are hit in a quick succession of four windstorms, two floods, and two earthquakes, according to the European Insurance and Occupational Pensions Authority (EIOPA). 17 December 2018
Insurance
Property/casualty insurer W.R. Berkley Corporation has led a more than $15 million investment round in artificial intelligence (AI) solutions startup Pypestream. 17 December 2018
Insurance
Re/insurance broker BMS Group is building out its Bermuda market operation with the hiring of George Bowring from Price Forbes and Kian Wookey from JLT. 17 December 2018
Insurance
Broking firm Global Risk Partners (GRP) has appointed Mike Bruce to the newly created role of group managing director. 17 December 2018
Insurance
Haven Holdings, a specialist runoff insurer based in Puerto Rico, has appointed Gordon Rowell as the chief operating officer of Time Insurance Company, a business it recently acquired from Interfinancial, a subsidiary of Assurant. 13 December 2018
Insurance
The US Department of the Treasury and the Office of the US Trade Representative intend to sign a bilateral agreement between the US and the UK on prudential measures regarding insurance and reinsurance (US-UK Covered Agreement) as the UK leaves the EU. 12 December 2018
News
As money continues to pour into insurtech ventures, there is evidence that only the big, global technology players and true venture capital firms have pockets deep enough to precipitate true disruption in the insurance space. Simon Hayes investigates where this will leave the incumbent players. 11 December 2018
Insurance
AM Best has removed from “under review with developing implications” and upgraded the credit ratings of XL Group. 7 December 2018
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