Articles

Insurance

Third Point Re, White Mountains make strategic investment in auto insurtech start-up Noblr

Bermuda-based Third Point Reinsurance and White Mountains Insurance Group have made minority equity investments in newly-launched car insurance company, called Noblr.   21 June 2019

Insurance

Argo boosts third-party capital at Ariel Re

Bermuda-based Argo Group International Holdings has taken advantage of third-party capital for the risk portfolio of its recently acquired Ariel Re operations.   6 November 2018

Insurance

HDI leads €12m funding round in Germany's IoT, blockchain start-up Next Big Thing

Berlin-based Next Big Thing (NBT), a startup incubator for the internet of things (IoT) services and blockchain technology, has raised €12 million in funding led by Talanx group's industrial insurer HDI Global.   10 April 2019

Insurance

MGA experts suggest that insurers may do without underwriters

Traditional insurers are too slow to react to trends in the sector and managing general agents (MGA’s) may be able to adapt more quickly and efficiently, offering the necessary expertise and potentially making the insurer’s underwriting capabilities become obsolete, according to a panel discussion at the 2017 Managing General Agents’ Association conference.   5 July 2017

Insurance

XL Catlin taps Everest National exec for US excess casualty

Re/insurer XL Catlin has hired a senior executive from Everest National Insurance for its global excess casualty insurance business.   1 February 2018

Insurance

Antares appoints Battle as CEO as Redmond switches roles

Antares, the Lloyd’s Managing Agency and member of the QIC Group, has appointed a new chief executive officer as its current leader moves roles.   18 February 2019

Insurance

RFIB launches RFIB Americas; makes senior appointments

RFIB Group, an international Lloyd’s insurance and reinsurance broker, has launched RFIB Americas.   16 May 2016

Insurance

D&O making losses after number of carriers escalates

The Directors and Officers (D&O) market is losing insurers money and needs to be realigned after the number of carriers shot up over the last decade, said a leading industry player.   9 October 2019

Insurance

Hyperion secures $400m to fund growth

Hyperion Insurance Group received a $400 million investment from Caisse de dépôt et placement du Québec (CDPQ) which in turn acquired a “significant minority stake” in the group.   5 December 2017

Insurance

Universal appoints Donaghy as new CEO, Downes to become executive chair

Florida-based Universal Insurance Holdings has appointed current chief operating officer Stephen Donaghy as its new chief executive officer (CEO).   12 July 2019

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