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News

JLT taps RSA, Guy Carp execs for global FAC expansion

Reinsurance broker JLT Re has hired senior executives from RSA and Guy Carpenter to expand JLT FAC, its facultative reinsurance division that focuses on property, construction and casualty.   26 June 2018

Insurance

Sirius stresses growth potential in going public move

Bermuda-based Sirius International Insurance Group has highlighted the growth opportunities the firm faces as it revealed its merger agreement with special purpose acquisition firm Easterly Acquisition which will result in Sirius becoming a publicly listed company.   26 June 2018

Insurance

Generali increases stake of India venture in strategic growth plan

Italy's Generali Group has increase its stake in the Future Generali insurance ventures in India to 49 percent from 25.5 percent as part of its strategic expansion plan in Asia.   26 June 2018

Insurance

EXIN settles Calamos dispute

Dutch EXIN Group has settled all pending litigation and disputes with US investor Calamos Family Partners.   26 June 2018

Insurance

Insurtech PolicyBazaar raises $200m investment led by SoftBank

Insurance web aggregator PolicyBazaar raised more than $200 million in a new investment round led by the SoftBank Vision Fund.   25 June 2018

Insurance

Munich Re CEO denies sale of asset management unit

Munich Re wants to strengthen its asset management unit, perhaps through cooperating with partners, the company’s chief said in an internal memo, according to a Reuters report.   25 June 2018

Insurance

Managing agents prefer Lloyd’s Brussels

Managing agencies slightly favour the use of the Lloyd's Brussels subsidiary (57 percent) over the creation of their own EU subsidiary (43 percent), according to a survey with Lloyd’s market chief operating officers (COOs) commissioned by the Lloyd’s Market Association (LMA).   25 June 2018

Insurance

XL Innovate leads $17m financing for AI-driven Cape Analytics

Property data analytics provider Cape Analytics has raised $17 million in new financing, led by re/insurer XL Catlin-backed insurtech venture fund XL Innovate.   25 June 2018

News

Singapore Reinsurers Association unveils executive committee line-up

The Singapore Reinsurers’ Association (SRA) has re-elected Marc Haushofer, chief executive officer Asia Pacific & EVP of Validus Reinsurance Company, as its chairman for another term.   25 June 2018

News

Munich Re in talks over asset management unit sale

German reinsurer Munich Re is in talks to sell its asset management division to US fund manager Guggenheim Partners, Reuters reported on June 21 citing a person familiar with the matter.   22 June 2018

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