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Travelers acquires majority stake in Toronto-based Zensurance
Insurance
US-based property/casualty insurer Travelers has acquired a majority stake, approximately 60 percent, in the Canadian fintech start-up Zensurance for roughly C$16 million ($12.2 million), according to BetaKit.   24 August 2018
RLI founder passes away
Insurance
Gerald Stephens, the founder of US specialty insurer RLI, has passed away at the age of 86.   24 August 2018
Former CEO Fonseca resurfaces as Brokerslink chairman
Insurance
Global broking company Brokerslink has appointed one of its founders and former CEO José Manuel Fonseca as its new chairman.   12 October 2018
Insurance
Despite a slowdown in growth, the outlook for the Brazilian insurance sector remains stable, says Moody’s.   18 December 2014
Alternative Risk Transfer
Specialist insurer Hiscox has made two new appointments within its reinsurance and insurance-linked securities (ILS) business, and named chief underwriting officer for Hiscox USA.   1 August 2019
Insurance
Barbican Insurance Group has promoted three senior underwriting executives at Syndicate 1955.   15 January 2019
Insurance
Global marine underwriting premiums for 2016 fell to $27.5 billion, a 9 percent reduction on the figure reported for 2015, the International Union of Marine Insurance (IUMI) said on Sept. 18.   18 September 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
Insurance
Spanish re/insurer Mapfre is investing €25 million in Alma Mundi Insurtech Fund that focusses on startups in the insurance sector.   21 November 2018
Insurance
CCR Re, the French government backed reinsurer formed last year to manage the open market reinsurance activities of parent CCR, has appointed Patrick Cerceau, Charles Levi and Antoine Mantel to its board of directors.   24 January 2017

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