Articles

Insurance

New MGA platform targeting European insurance market launches

Germany-based insurtech company GMBC has launched a new master managing general agent (MGA) platform for the European insurance market.   7 May 2019

Insurance

Argo fights back against Voce ‘falsehoods’ with detailed SEC filing

Re/insurer Argo Group has fought back against “Voce Capital’s continued falsehoods” by reiterating its “strong track record” and work to drive growth and value for shareholders, as the war of words with the activist investor shows no signs of abating.   3 May 2019

Insurance

Insurance Council of Australia adds Zurich, Allianz execs to board

The Insurance Council of Australia (ICA) has strengthened its board with the appointment of two new directors.   3 May 2019

News

Unlocking the AI advantage for commercial lines

As artificial intelligence is used on an increasingly wide variety of insurance applications, insurers need to keep an eye out for additional possible uses, according to Pamela Negosanti global vice president of insurance at AI firm Expert System.   2 May 2019

Insurance

Voce swings at Argo again with ‘roadmap to unlock shareholder value’

In another attack on Argo and its board, activist investor Voce Capital Management has published a detailed plan explaining how, it claims, Argo could “unlock substantial shareholder value”.   1 May 2019

Insurance

Munich Re appoints Von Bomhard as new chairman of supervisory board

Reinsurer Munich Re has elected former CEO Nikolaus von Bomhard as the new chairman, and Anne Horstmann as deputy chairman of the supervisory board.   1 May 2019

Insurance

Allianz in 'advanced talks' to buy L&G's home insurance business: report

German insurer Allianz is in "advanced talks" to buy Legal & General’s (L&G's) home insurance business, Sky News reported on April 29.   30 April 2019

Insurance

Faraday CEO D’Arcy named Gen Re head of international property & casualty

Gen Re, a Berkshire Hathaway company, has appointed Andrew D’Arcy as the head of Gen Re international property & casualty.   30 April 2019

Insurance

Stephen Catlin launches re/insurance start-up Convex with $1.8bn capital raise; secures A- rating from AM Best

Insurance veteran Stephen Catlin and Paul Brand have launched a new specialty re/insurer focused on complex risks with an initial capital commitment of $1.8 billion, and an "exceptional group" of underwriting experts.   30 April 2019

Insurance

SCOR shareholders back CEO Kessler opposing "destabilisation attempt" by investor CIAM

The shareholders of reinsurer SCOR have rejected the resolution proposed by its activist investor CIAM that suggested its CEO Denis Kessler be removed from the company's board of directors, calling it a "destabilisation attempt" at its annual general meeting (AGM) on April 26.   26 April 2019

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