Articles
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
Australian financial services firm AMP said on Aug. 10 that it completed a reinsurance program with Munich Reinsurance Company of Australasia (Munich Re) and General Reinsurance Life Australia (Gen Re). 11 August 2017
Insurance
Specialty insurance holding Navigators Group has promoted Patrick Milner to president of NavTech, succeeding Stephen Coward, who retired at the end of July after more than 15 years with the company. 11 August 2017
Insurance
UK-based life insurance group Prudential said on Aug. 10 that it is merging its Prudential UK & Europe unit with its asset manager M&G to form a leading savings and investments business. 10 August 2017
Insurance
The acquisition of Bermuda-based Endurance has lifted Sompo Holdings’ overseas profit between April and June 2017, helping to improve the consolidated results. 10 August 2017
Insurance
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
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
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
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
News
Deal-making was up in the first half of 2020 but experts at Clyde & Co predict a drop in M&A activity in the latter half of the year as the COVID-19 effect makes itself known. Those looking for opportunities may be in a better position in 2021 as Intelligent Insurer looks at the trends driving the predicted comeback for M&A next year. 4 September 2020
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