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Broker Alesco Risk Management Services and Africa Re have launched a $3.5 billion reinsurance facility designed to cover all international upstream energy insurance programmes written from Equatorial Guinea. 20 March 2019
Insurance
Specialty re/insurer Chaucer has appointed Dr Zuo Huiqiang, the deputy general manager of China Re P&C, as a non-executive director of Chaucer Syndicates, the group’s Lloyd’s managing agency. 20 March 2019
Insurance
Arch Insurance International has invested in Archipelago Risk Services (Archipelago), a personal lines managing general agency backed with underwriting capacity from Arch Insurance (UK). 20 March 2019
News
In its 2019 outlook, Munich Re has unveiled a group profit target of around €2.5bn, saying the reinsurer is “on track” to achieve this. 20 March 2019
Insurance
Specialty property and casualty insurer for power and energy PERse (Power.Energy.Risk) has set up an office in Miami with a new team to focus on underwriting renewable energy projects in Latin America. 19 March 2019
News
Two years on from the failure that was the Fyre Festival, what lessons can be learned in terms of obtaining event insurance? Intelligent Insurer investigates. 18 March 2019
Insurance
Talanx, the German re/insurer, has renewed its board in what it has called a “generational shift”. 18 March 2019
Insurance
Fast-growing US specialty insurer Palomar Holdings has filed for an initial public offering (IPO) on the Nasdaq stock exchange. It is looking to raise $50 million from the deal. 18 March 2019
Insurance
Last night the UK Parliament voted in favour of requesting an extension to Article 50 and consequently a delay to Brexit beyond the 29 March deadline. 15 March 2019
Insurance
Marsh & McLennan Companies is issuing €1.1 Billion senior notes to help fund its acquisition of re/insurance broker Jardine Lloyd Thompson Group (JLT). 15 March 2019
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