Articles
Insurance
Munich Reinsurance America has appointed Michael Kerner as CEO for Munich Re Specialty Insurance, a new commercial insurance unit in North America. 17 December 2018
Insurance
Global Risk Partners (GRP), an insurance broking and managing general agent investment vehicle, has funded the acquisition of Northern Ireland-based commercial and personal lines broker McGrady by Abbey Bond Lovis (ABL). 4 May 2016
Insurance
Some executives running managing general agents (MGAs) should be prepared for the potential effect on their own businesses of losses from the series of hurricanes that have hit the US and the Caribbean—even if they have no direct exposure to the area. 10 September 2017
Insurance
SCOR’s MutRé acquisition has resulted in a mark-up of the value of the investment by €26 million in the first quarter of 2018, allowing the reinsurer to beat the analysts’ consensus by 24 percent, according to a Jefferies analyst note. 30 April 2018
Insurance
Lloyd’s specialty re/insurer Canopius agreed to cede risks to the UK government-backed Flood Re scheme. 14 December 2017
Insurance
Specialist Lloyd’s insurer Beazley is partnering with other Lloyd’s insurers to offer an insurance and crisis management solution that helps mitigate reputational risk. 8 May 2019
Insurance
A majority of board members and senior executives with responsibility for their organisation’s cyber risk management spent “less than a day in the last year” focusing on cyber risk issues, according to a survey from insurance broker Marsh and tech company Microsoft. 18 September 2019
Insurance
Beazley enjoyed solid growth in the first nine months of the year, partly driven by big increases in its property unit and average rate increases on renewal business of 3 percent; it also revealed it will cease underwriting construction and engineering business because of unsustainable rates in these sectors. 8 November 2018
Insurance
Insurance group Ageas has received the approval of the National Bank of Belgium (NBB) to organise and operate reinsurance activities. 2 July 2018
Insurance
Digit Insurance is buying a 100 percent stake in Indian private reinsurance company ITI Reinsurance (ITI Re) for about INR 500 crore ($72.8million), according to an Economic Times report citing “a person familiar with the deal.” 2 July 2018
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