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Stephen Catlin launches re/insurance start-up Convex with $1.8bn capital raise; secures A- rating from AM Best
Insurance
Insurance veteran Stephen Catlin and Paul Brand have launched a new specialty re/insurer focused on complex risks with an initial capital commitment of $1.8 billion, and an "exceptional group" of underwriting experts.   30 April 2019
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has signed a definitive agreement to acquire 100 percent of the equity interests of Pronto Holdco, the parent company of Pronto Insurance.   11 May 2018
White Mountains CEO bemoans 'tough fourth quarter' as profits dip
Insurance
Bermuda-based White Mountains Insurance Group reported a "tough fourth quarter" with $141 million comprehensive loss attributable to common shareholders across its portfolio of businesses. This compares with a profit of $23 million for the same period in 2017.   7 February 2019
Insurance
US-based Boost Insurance, a technology-enabled insurance platform built to enable emerging insurtech startups, has secured a dedicated reinsurance facility led by investment manager Nephila, with participation from Markel Digital and RenaissanceRe.   10 May 2018
Insurance
Zurich Insurance Group has seen growth in its property/casualty (P&C) business in Latin America and Asia Pacific, but this expansion was offset by actions focusing on profitability in North America.   9 May 2018
News
Flood Re, the UK Government's scheme to pool flood risk, has appointed Capita as its managing general agent.   12 February 2015
Insurance
US-based Hartford Financial Services Group has unveiled a new operating model and organisational structure that will be effective once it has finalised its acquisition of the Navigators Group.   4 February 2019
Alternative Risk Transfer
JLT Specialty USA’s new ILS Protect product was created to address the specific liabilities of ILS operations, as Mark Flippen, senior vice president, JLT Specialty USA, explains.   29 June 2017
Insurance
A new managing general agent (MGA), backed by specialist Lloyd’s MGA CFC Underwriting, has been launched.   9 January 2015
Insurance
Everest Re has elected John Graf to its board of directors.   7 June 2016

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