Articles
Insurance
New Zealand-based general insurer Tower has entered into a $22 million settlement agreement with Hong Kong's Peak Re regarding an adverse development cover policy entered in 2015. 1 March 2018
Insurance
Bermuda specialty re/insurer Sompo International Holdings is expanding its cyber insurance capabilities in the US by creating a dedicated US team focused on cyber offerings, an enhanced cyber and professional liability product, and an expanded suite of cyber risk management services. 11 December 2018
Insurance
Specialty lines programme administrator Axon Underwriting has launched a new reinsurance unit, Axon Re, to expand its cargo and stock throughput reinsurance programme across Latin America. 24 April 2019
Insurance
UK broker Brightside Group has appointed Richard Beaven as group chief operating officer (COO), reporting to group CEO Brendan McCafferty. 24 April 2019
Insurance
UK-based specialist motor insurer ERS is launching an underwriting academy in Swansea, relocating a number of roles to the city from London and the South East. 11 June 2019
Insurance
SCOR, the world’s fourth-biggest reinsurer, saw its shares rose 3 percent after reporting an increase in net income for the first nine months of the year. 24 October 2019
Insurance
Run-off specialist DARAG Group has agreed to acquire London-based non-life reinsurance company One Re, which provided reinsurance to African-based insurers for industrial property risks and engineering projects from 2015 to 2018. 18 July 2019
Insurance
Victor Insurance Holdings, a managing general underwriter (MGU) formerly known as the Schinnerer Group, has appointed John Stephenson as UK country manager, and Fred Willemze as strategic partnerships director. 17 July 2019
Insurance
A series of new satellites to be launched by the European Space Agency will provide the insurance industry with new and unique data that will be invaluable to insurers underwriting certain types of risks including some energy and marine business. 13 December 2012
Insurance
Commercial insurer CNA made “significant progress in 2018” despite a fourth quarter hit by catastrophe losses, said chairman and CEO of CNAFinancial Corporation Dino Robusto as the company announced its full year results. 11 February 2019
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