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TransRe invests in parametric insurance specialist
Insurance
New York-headquartered Transatlantic Holdings (TransRe) has invested in New Paradigm Group, a developer of parametric insurance and risk transfer solutions.   13 November 2018
JLT Re acquires JLT March Re, launches Iberia operations
Insurance
Reinsurance broker JLT Re has launched JLT Re Iberia through the acquisition of JLT March Re.   13 November 2018
Insurance
London-based Iotatech, a developer of insurance software as a service platform, has secured its target of £1 million of second round funding following a private placement.   13 November 2018
Insurance
New York-headquartered Assurant is adding three members to its management committee to “accelerate decision-making across all of the company’s most critical businesses and to support its global growth strategy,” according to a corporate statement.   13 November 2018
Insurance
Lloyd’s of London has opened its insurance subsidiary in Brussels which is set to allow the market to continue operating and serving its clients in the EU after Brexit.   13 November 2018
Insurance
Specialist re/insurance broker BMS Group has hired Duncan Hayward as a director in its energy division.   12 November 2018
Insurance
Specialist re/insurance broker BMS Group has hired two senior leaders Stuart Davies and Samantha Ford in Australia.   8 November 2018
News
Munich Re has expanded the property/casualty (P&C) reinsurance business by 16 percent year on year in the first nine months of 2018 and chief financial officer Jörg Schneider is confident that this new business is of good quality.   7 November 2018
Insurance
The shareholders of re/insurance broker Jardine Lloyd Thompson Group (JLT) have approved the $6.4 billion acquisition deal of JLT by Marsh & McLennan Companies (MMC).   7 November 2018
Insurance
Munich Re is partnering with Berlin-based Fraugster in the area of artificial intelligence-based fraud detection. The reinsurer has also invested in the startup's latest funding round.   7 November 2018

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