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FedNat agrees cooperation deal with activist investor Capital Returns
Insurance
US insurer FedNat has entered into a "cooperation agreement" with its third largest shareholder Capital Returns Management in response to legal proceedings filed by the activist investor, and agreed to add two new directors to its board as part of the deal.   13 August 2019
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has launched an online portal to offer click-and-buy insurance products for the UK’s commercial drone market.   15 March 2016
Insurance
The US subsidiary of broker Jardine Lloyd Thompson Group (JLT) has appointed Paul Cohen as senior vice president to build its global fine art, jewellery and specie practice, based in Orange County, California.   4 January 2017
Insurance
‘Some 27 percent said cover is too expensive when compared to the risks.’   11 November 2019
Insurance
Bermuda-based specialty re/insurer Sompo International is looking to expand its professional liability product and service offerings with the recruitment of Steven Grippo from AIG.   14 March 2019
Insurance
Lloyd’s managing general agent (MGA) Northcourt has launched a new nuclear liability insurance facility bringing additional capacity to the nuclear insurance market.   9 February 2015
Insurance
Charles Taylor InsureTech has acquired a majority stake in technology start-up CoVi Analytics to expand into the insurance governance, risk and compliance management technology market.   26 October 2018
Insurance
Italian insurer Assicurazioni Generali has launched a new asset management company headquartered in New York City that it claims will have a "disruptive revenue model".   21 September 2018
Insurance
Hurricane Florence will likely be an earnings event for the private insurance industry but the National Flood Insurance Program (NFIP) could be hit with heavy losses, potentially resulting in claims for its reinsurers for the second year in a row and its first cat bond being triggered, according to Fitch Ratings.   21 September 2018
Insurance
Lemonade CEO and co-founder Daniel Schreiber believes that the insurer has “turned a corner” as the loss ratio is improving.   20 September 2018

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