Articles

Insurance

Ardonagh sells UK commercial MGA business to Arch for £31m

After selling the claims business of Direct Group for £36 million earlier this month, UK intermediary Ardonagh Group has revealed that it is selling its commercial managing general agency (MGA) businesses to Arch UK Holdings for up to £31 million.   1 November 2018

Insurance

SoftBank seeks Swiss Re board seats: report

Japanese conglomerate SoftBank is seeking to join Swiss Re’s board as it negotiates the acquisition of a minority stake in the reinsurer, according to a Feb. 18 Financial Times report.   19 February 2018

Insurance

Innovation and accessibility

In association with Swiss Re, Monte Carlo Today conducted a survey of senior industry executives ahead of and during the conference.   12 September 2018

Insurance

Lloyd’s Asia seeks innovation in mature markets

Lloyd’s Asia is looking to develop innovative solutions for mature markets such as Japan or Australia while mulling over the introduction of electronic placement to make trading more efficient in the Asia-Pacific region, Angela Kelly, chief executive officer for Lloyd’s Asia, told SIRC Today.   31 October 2018

Insurance

New owners of AIG’s Bermuda legacy unit Fortitude Re plot growth and diversification

The business has been acquired by The Carlyle Group and T&D Holdings and has secured a new rating.   3 June 2020

Insurance

Generali strikes strategic bancassurance partnership with UniCredit in CEE

Generali CEE Holding and Italian financial services company UniCredit have signed a cooperation agreement for the distribution of insurance solutions in Central and Eastern Europe (CEE).   5 June 2018

Insurance

Xceedance unveils its cost effective cat modelling platform

Xceedance, the managed services and technology company, has teamed up with Oasis Loss Modelling Framework (Oasis LMF) to provide on-demand catastrophe modelling.   11 September 2019

Insurance

Gallagher makes key appointments in its UK specialty broking and underwriting divisions

A new head of business development has been created.   11 February 2020

Insurance

Insurance industry collaborates to entice new talent

A collaborative of insurance carriers, trade associations and industry partners have launched the first-ever Insurance Careers Month to be held during February 2016.   10 November 2015

Insurance

Towergate appoints new non-execs; new shareholder appoints representative

Broker Towergate has appointed to new non-executive directors to its board including one from the US private equity firm that recently invested in the company.   22 November 2016

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