Articles
Insurance
Athene Holding, the life insurance affiliate of private equity firm Apollo Global Management, has expressed interest in acquiring all or parts of General Electric’s troubled long-term care insurance business, according to a Financial Times report citing two people familiar with the matter. 28 June 2018
Insurance
Technology is transforming claims and bringing the department to the forefront of the insurance business. As the revolution continues, the basics need to remembered. These were two key themes of a panel discussion comprising claims experts and sponsored by Liberty Specialty Markets. 22 April 2021
Alternative Risk Transfer
AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” to Bermuda-based Vermeer Reinsurance, a property catastrophe reinsurer that has recently been launched by RenaissanceRe and Dutch pension fund manager PGGM. 20 December 2018
Insurance
Specialty re/insurer Sompo Canopius has formed a strategic partnership with Grupo Nacional Provinical, a multiline insurance company in Mexico, to develop business and insurance products for the Mexican market. 29 June 2016
Insurance
US specialty insurer RLI Corporation was impacted by a $5.5 million net decrease to underwriting income in the second quarter due to volcanic activity in Hawaii, and chief operating officer Craig Kliethermes explained during the results conference call that there is no reinsurance cover available for such catastrophe events. 23 July 2018
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Andrew Summers as credit and political risks underwriter. He will report to Jeremy Shallow, credit and political risks class underwriter. 4 April 2016
Insurance
Broker Integro has strengthened its motorsports insurance broker with the acquisition of Lloyd’s broker Ellis Clowes. 12 November 2015
Insurance
Singapore-based re/insurance broker Symbo is raising fresh capital to expand its fully digital platform, Anurag Jaroli, head of reinsurance of Symbo, told SIRC Today. 31 October 2018
Insurance
Insurance web aggregator PolicyBazaar raised more than $200 million in a new investment round led by the SoftBank Vision Fund. 25 June 2018
Insurance
Cyber insurance is increasingly becoming a growth driver for German commercial insurer HDI Global, according to CEO Christian Hinsch. 21 August 2017
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