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Uncertainty continues for the UK’s insurance industry after the government’s Brexit deal has been rejected yesterday (Jan. 15) in what is dubbed the biggest ever government defeat in history. 16 January 2019
Insurance
Renomia, one of the largest Czech insurance providers, is merging with IMG to surpass Kč 10 billion (€ 391 million) in terms of administered premiums. 15 January 2019
Insurance
Cayman Islands-based reinsurer Greenlight Capital Re has become the largest shareholder in US managing general agent (MGA) AccuRisk following its latest investment in the company. 15 January 2019
News
Swiss Re has estimated its preliminary combined claims burden from recent natural catastrophes booked in the fourth quarter of 2018 at approximately $1.0 billion, net of retrocession and before tax, mainly affecting the reinsurance operations. 15 January 2019
Insurance
Mondelez, the US food company that owns the Oreo and Cadbury brands, is suing Zurich Insurance for refusing to pay out on a $100 million claim for damage caused by the NotPetya cyber attack in what is seen as the first major legal dispute over how companies recover the costs of a cyber-attack. 15 January 2019
Insurance
German industrial lines insurer HDI Global has hired a senior long-serving Allianz executive to fill the position of UK and Ireland managing director. 15 January 2019
Insurance
Barbican Insurance Group has promoted three senior underwriting executives at Syndicate 1955. 15 January 2019
Insurance
ArgoGlobal Assicurazioni, a European subsidiary of Argo Group International Holdings, has partnered with Italian insurance broker Axieme to provide gig workers with on-demand insurance cover. 15 January 2019
Insurance
US-based global insurance broker AmWINS Group is acquiring The Flood Insurance Agency (TFIA), a Florida-based managing general agency (MGA) that specialises in private market flood insurance. 14 January 2019
Insurance
ASQ Underwriting, part of Alliant Underwriting Solutions, has launched a programme to provide bespoke transactional risk insurance to broker trading partners across North America. 14 January 2019
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