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North P&I Club opens Brexit subsidiary in Ireland
Insurance
Mutual marine liability insurer North P&I has received authorisation from the Central Bank of Ireland (CBI) to operate from Ireland, allowing it to implement its Brexit contingency plan.   22 January 2019
AXA Venture Partners raises $150m to invest in early-stage insurtechs
Insurance
AXA Venture Partners (AVP), the venture capital arm of insurer AXA, has raised $150 million for a new early-stage fund that will invest technology companies mainly focused on the insurance sector.   22 January 2019
Legacy insurer DARAG acquires Italian non-life portfolio from DONAU
Insurance
European legacy acquirer DARAG Group has purchased a portfolio of Italian non-life business, consisting primarily of motor third party liability from DONAU Versicherung.   22 January 2019
Insurance
Allianz Global Corporate & Specialty (AGCS), Allianz group's specialist corporate insurer, has launched a new reinsurance branch in India to capitalise on opportunities in what it calls one of the fastest emerging re/insurance markets, while expanding its business in Asia Pacific.   21 January 2019
Insurance
The race to reap the rewards of insurtech has prompted a growing number of re/insurers to launch their own venture capital arms—but this comes with potential risks as well as rewards. Intelligent Insurer investigates.   21 January 2019
Insurance
Sirius America, a wholly owned subsidiary of Sirius International Insurance Corporation, has entered into a strategic partnership with Franklin Madison Group, an insurance marketing firm serving financial institutions.   18 January 2019
Insurance
Liberty Mutual Re, the reinsurance unit of Liberty Mutual Insurance Group, has appointed Vincent Gilardi as senior underwriter for international casualty.   17 January 2019
Insurance
Michigan-based insurance broker Acrisure is issuing $500 million of five-year senior secured notes to help fund acquisitions.   17 January 2019
Insurance
China's first internet-based insurer ZhongAn has entered a joint venture with Grab, a ride-hailing and fintech platform, to launch a digital insurance marketplace in Southeast Asia.   16 January 2019
Insurance
Specialist reinsurer Hiscox Re and Japanese insurance group MS&AD have invested in insurtech startup AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks.   16 January 2019

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