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Insurance
A subsidiary of Enstar Group has entered into a conditional agreement with a subsidiary of QBE Insurance Group to reinsure US multi-line property/casualty business. 7 December 2016
Insurance
UK-based personal lines insurer esure has received £1.2 billion acquisition offer from private equity firm Bain Capital in a deal that would take esure private. 14 August 2018
Insurance
Monsanto has been ordered to pay $289 million damages to a man who claimed herbicides containing glyphosate had caused his cancer in a court ruling that sets worrying precedent for insurers, according to law firm Clyde & Co. 14 August 2018
Technology
The launch of blockchain insurance startup B3i’s Cat XoL product is opening the door for the re/insurance industry to embrace distributed ledger technology. B3i’s chief marketing officer Ken Marke outlines its aims. 14 October 2019
Insurance
Overcapacity in the industry is a red herring—the real issue is one of underinsurance, writes John Holm, executive, MGA Investments at Asta Underwriting Management. 24 October 2016
Insurance
AXA has appointed Trey Reynolds to lead the life insurance sales in the US, reporting to the head of life business Ron Herrmann. 7 February 2017
Insurance
Two large typhoons in Japan as well as earthquakes and heavy rainfall experienced in Japan have recently revealed the growth potential for business interruption cover in the country’s commercial insurance market, Ken Motoda, president of AGCS Japan, the local unit of Allianz’s commercial insurer, told SIRC Today. 31 October 2018
Insurance
Arthur J. Gallagher has acquired managing general agent and wholesale insurance broker Cowles & Connell based in Brewster, New York and Meriden, Connecticut. 12 August 2014
Insurance
Large primary carriers are re-entering the reinsurance market after having largely abandoned the sector in the 1990s and early 2000s, according to Willis Re CEO James Kent. 3 April 2018
Insurance
European run-off insurance company DARAG has entered an agreement to acquire all shares of Stockholm-based Swedish insurance company Ikano Försäkring, a part of Ikano Group. 6 April 2017
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