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CATCo Reinsurance Opportunities Fund said on Oct. 2 that the board and Markel CATCo Investment Management, the company's investment manager, are proposing to raise further funds via the Markel CATCo Diversified Fund. 2 October 2017
Insurance
New York-based insurance startup Sure has raised $8 million in a series A round of funding led by IA Capital, with contributions from Menlo Ventures, FF Venture Capital, Nationwide Ventures, Assurant, and AmTrust. 15 June 2017
Insurance
Bermuda-based Sompo International Holdings (SI), a specialty provider of property/casualty re/insurance and wholly owned subsidiary of Sompo Holdings, plans to establish a new European insurance headquarters based in Luxembourg. 21 November 2017
Insurance
Hartford Financial Services Group is acquiring The Navigators Group for $2.1 billion in a move that will see the US insurer expand its offerings and underwriting risk appetite. 22 August 2018
News
Swiss Re corporate solutions has appointed Jim George to the role of global head of claims. He succeeds Nicola Parton, who is now the head primary lead strategy and client engagement. 15 February 2017
Insurance
Allied World Assurance Company has appointed Karsten Buescher as assistant vice president of onshore construction in Australia. 15 February 2017
Insurance
XL Catlin’s insurance operation has appointed of Thomas Götting as country manager for Germany. 20 November 2017
Insurance
Australia-based cover holder Epsilon Underwriting Agency is forming a new accident and health division under the leadership of Tim Curling. 20 November 2017
Alternative Risk Transfer
The chairman of the CATCo Reinsurance Opportunities Fund is expecting further rate decreases in the January 2019 renewals following challenging 2018 renewals. 20 August 2018
News
Bermuda-based RenaissanceRe Holdings (RenRe) has estimated that the pre-tax impact of the Ogden rate change on its carried reserves is approximately $30 million, and will be recognised in the first quarter of 2017. 13 April 2017
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