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Ascent Underwriting, a specialist managing general agent underwriting on behalf of a number of Lloyd's Syndicates, has been acquired by mid-market private equity firm Preservation Capital Partners. 25 January 2018
Insurance
Swiss Re's Global Business Solutions unit in India has signed a memorandum of understanding (MoU) with country’s National Insurance Academy (NIA), to collaborate as a technical partner on its academic activities and programmes. 25 January 2018
Insurance
The global insurtech financing volume has fallen in 2017 to $2.24 billion compared to $2.69 billion in 2016 and $2.75 billion in 2015, according to FT Partners fintech industry research. 24 January 2018
Insurance
Ryan Specialty Group has reached a definitive agreement to acquire the assets and operations of the Irwin Siegel Agency (ISA), a New York-based human and social service managing general underwriter. 24 January 2018
Insurance
Christopher DiSipio, CEO of AXIS accident & health (A&H), will be leaving AXIS as the Bermuda-based specialty re/insurer reorganises the business. 24 January 2018
Insurance
Lloyd's has granted coverholder status to specialty lines programme administrator Axon Underwriting, allowing it to underwrite and issue policies on behalf of certain Lloyd's underwriting syndicates. 24 January 2018
Insurance
Insurance veteran Stephen Catlin joined private equity firm Aquiline Capital Partners as a senior advisor at the end of 2017. 23 January 2018
Insurance
American International Group’s (AIG’s) plan to take over Bermuda-based Validus Holdings has triggered positive comments from market observers. 23 January 2018
Insurance
Australia’s QBE has warned the markets that it expects to report a full year 2017 after tax loss of around $1.2 billion due to catastrophe losses, reserve strengthening and write-downs. 23 January 2018
Insurance
The Germany-based group Talanx is acquiring 99.4 percent of the shares in Liberty Sigorta, the Turkish non-life subsidiary of US-based Liberty Mutual Group. 23 January 2018
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