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Insurance
Private medical insurance provider SecurityTrust has secured seed funding from Mci Asset Management as well as underwriting capacity from Canopius and via the coverholder Compass Underwriting. 23 March 2018
Insurance
New amendments to Rhode Island’s Voluntary Restructuring of Solvent Insurers Law and the Rhode Island Protected Cell Companies Act will make run-off transactions easier to execute, and will open the door to a $100 billion market in US transactions via books of legacy business, according to consultancy firm Pro Global. 26 June 2018
Insurance
InsurePal, a new peer-to-peer insurer raised £15 million ($18 million) in an Initial Coin Offering (ICO) to fund its UK motor launch in the first half of 2018. 17 January 2018
Insurance
The cyber insurance market will become more resilient if it is considered as a standalone line of business rather than a peril, according to JLT Re. 24 April 2017
Insurance
JLT Specialty Insurance Services, a US subsidiary of Jardine Lloyd Thompson (JLT), has strengthened its private equity and financial lines groups with a number of appointments. 5 June 2015
Insurance
Grahame ‘Chily’ Chilton, the founding partner of Capsicum Re, is rejoining the specialist reinsurance broker later this year and step down from his role as UK chief executive officer (CEO) of Arthur J Gallagher. 21 June 2018
Insurance
The New Zealand government is set to increase the cap limit on residential building earthquake cover (EQC) to $150,000 from previously $100,000. 20 March 2018
Insurance
Fidelity National Financial has agreed to acquire title insurance company Stewart Information Services Corporation for an equity value of approximately $1.2 billion. 19 March 2018
Insurance
Specialty re/insurer MS Amlin has appointed Ed Mitchell as lead underwriter for its product recall team. 1 September 2017
Insurance
Credit insurer Coface has elected François Riahi, chief executive officer of Natixis, as the chairman of its board of directors. 18 June 2018
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