Articles

Insurance

Markel signs underwriting agreement for upstream oil & gas risks with JH Blades

Specialist insurer Markel International has entered into a master underwriting agreement with US upstream oil and gas energy managing general agent (MGA) JH Blades.   28 November 2016

Insurance

Ascent introduces cyber policy nil deductible for SMEs

Specialist niche-product managing general agent (MGA) Ascent Underwriting said on Sept. 18 that it is further targeting small and medium-sized (SME) business by offering nil deductible/zero excess options on all cyber insurance policies globally.   18 September 2017

Insurance

Insurance and the pandemic: how COVID-19 put insurtech front and centre

Re/insurance has changed markedly since the COVID-19 pandemic first swept across the world in early 2020. With the sector looking to build back stronger from the turmoil, many companies are finally embracing technology. But as with any revolution, change is difficult.   21 July 2021

Insurance

MGA Crop Pro Insurance receives US regulatory approval

Crop Pro Insurance, a new managing general agent (MGA) specializing in crop insurance, received Standard Reinsurance Agreement (SRA) approval as an MGA from the US Department of Agriculture (USDA).   14 August 2017

Alternative Risk Transfer

ILS market faces natural pause in pipeline

The insurance-linked securities (ILS) market is facing a possible brief doldrum in 2019, before reviving in the second half of the year, according to Paul Schultz, chief executive of Aon Securities.   29 March 2019

Insurance

Insurtech Openly secures $40m investment led by Advance Venture Partners

Other investors included Gradient Ventures, Obvious Ventures, PJC, and Greenlight Re.   17 December 2020

Insurance

Peak Re gets green light to set up Labuan branch in Malaysia

Hong Kong-based Peak Reinsurance Company has been granted approval by the Labuan Financial Services Authority to carry on general reinsurance business in and through the Labuan insurance market.   13 June 2017

Insurance

RFIB parent reveals plan to double revenues by 2021

CCP TopCo, the holding company of re/insurance broker RFIB, plans to double its revenues to £100 million in the next three years through acquisitions, the addition of managing general agents (MGAs) and a captives businesses while rebranding the group to Risk Transfer Group (RTG).   22 May 2018

Insurance

ABI and Swiss Re warn of Brexit threat to London at Fitch event

Though much has been done to ensure a smooth Brexit transition for the UK insurance sector, leaders in the industry warned that EU subsidiaries could take business from London “very quickly” after Brexit.   25 January 2019

Insurance

Uncertainty prevails across all marine insurance lines

IUMI 2019 statistical report highlights a modest rise in premiums.   3 December 2019

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