Articles

Insurance

Sharing economy insurance start-up Pikl secures £2.5m funding from Direct Line founder Sir Peter Wood

Norwich-based insurance provider for the sharing economy Pikl has raised £2.5 million seed/pre-series A funding from Sir Peter Wood, the founder of Direct Line and Esure.   28 May 2019

Insurance

Everest Re adds Stone Point founding partner Hartzband to board

Bermuda-based re/insurer Everest Re Group has appointed Stone Point Capital founding partner Meryl Hartzband to its board of directors.   28 May 2019

Insurance

Markel appoints Asia head of personal accident, contingency and entertainment from Chubb

Specialist insurer Markel International has appointed Rajesh Sinha as head of personal accident, contingency and entertainment (PACE) in Asia.   28 May 2019

Insurance

M&As in European insurance sector set to continue in 2019, finds Moody’s

The European insurance sector will continue to consolidate in 2019, with varying credit impacts, according to the latest Moody's Investors Service report.   23 May 2019

Insurance

Liberty makes strategic move into LatAm with new Lloyd's Mexico reinsurance unit

Liberty Mutual Re, the reinsurance arm of Liberty Specialty Markets (LSM), is launching a new operation under Lloyd’s registration in Mexico to serve clients in the Mexican market and Central America.   23 May 2019

Alternative Risk Transfer

SCOR acquires asset manager Coriolis Capital to expand ILS arm; takes AUM to $2.1bn

French reinsurer SCOR’s portfolio management company is acquiring 100 percent of the capital of insurance-linked securities (ILS) fund manager Coriolis Capital, in a move aimed at expanding its capacity on the ILS market, reaching an aggregate sum of $2.1 billion of assets under management (AUM) and operating in both Paris and London.   23 May 2019

Insurance

Ariel Re lures TMR's Kelly to strengthen credit and financial product lines

Ariel Re, a subsidiary of Bermuda-based Argo Group, has appointed Sean Kelly to the newly-created role of senior vice president, specialty underwriter, credit and financial products.   23 May 2019

Insurance

ProAssurance CEO Starnes to step down after 12 years, is replaced by COO Rand

Specialty insurance company ProAssurance Corporation has appointed Edward Rand, Jr., the company’s president and chief operating officer, to succeed Stancil Starnes as chief executive officer from July 1, 2019.   23 May 2019

Insurance

Give insurers access to wealth of cyber attack data, urges Insurance Europe

Cyber insurance could make leaps and bounds in Europe if policymakers gave insurers access to anonymised cyber-attack data, industry body Insurance Europe (IE) has said.   23 May 2019

Insurance

Generali's Frédéric de Courtois named new vice president of Insurance Europe

Frédéric de Courtois, general manager of Generali Group, has been elected vice president of Insurance Europe, the European insurance and reinsurance federation, for a three-year term.   23 May 2019

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