Articles

Insurance

Pool Re includes cyber terrorism in increased retro cover

UK mutual reinsurer Pool Re has extended its retrocession programme cover to include material damage and direct business interruption (BI) caused by acts of terrorism using remote digital interference at renewal.   1 March 2018

Insurance

Direct Line Group partners with car-subscription service Drover

They are teaming up to include insurance in Drover’s car subscriptions.   18 November 2019

Insurance

Ironshore makes executive changes in US programmes unit

Ironshore Specialty Casualty, a Liberty Mutual Company, has revealed executive appointments to oversee its programmes business unit in the US.   4 February 2019

Insurance

Hyperion appoints Rebecca Scott as new group COO

Intermediary Hyperion Insurance Group, which owns MGA DUAL, retail broker Howden and specialty broker RKH, has appointed Rebecca Scott as new group chief operating officer (COO).   28 March 2019

Insurance

Global commercial insurance rates enjoy biggest hike since 2012: Marsh

Average commercial insurance prices globally enjoyed their biggest increase since 2012 in the first quarter of 2019, according to Marsh’s Global Insurance Market Index.   17 May 2019

Insurance

Deutsche Rück’s profits rise but GWP shrink in 2018

German reinsurer Deutsche Rück Group's profits soared in 2018 but its book shrank due to a restructuring of a business segment within the group of German public insurers.   17 May 2019

Insurance

Generali posts solid growth and profits in Q1 results

Italian insurer enjoyed a big increase in its profit in the first quarter of 2019, though this was partly driven by disposals. Its GWP also show solid gains in all parts of the business.   16 May 2019

Insurance

B3i runs hackathon stress test with brokers, insurers and reinsurers

Blockchain insurance initiative B3i successfully stress tested its Property Catastrophe Excess of Loss Reinsurance application recently with a hackathon in Zurich, Switzerland.   1 July 2019

Insurance

Trust Re receives $130m to shore up future after 2018 credit downgrade

Parent company Nest Investments Holdings (Nest) will pay $130 million replacement funds to Bahrain-based re/insurer Trust International Insurance & Reinsurance Company (Trust Re) this year to shore up the firm’s future after it was hit with a credit downgrade last year.   1 July 2019

Insurance

Instanda launches MGA startup service ‘without coding’

Cloud-based digital insurance platform Instanda has launched an MGA startup service, called IMGA, to provide the technical capabilities needed to manage and run a new MGA.   1 July 2019

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