Articles
Insurance
Everest Insurance has promoted Mike Karmilowicz and Dave Sandler to president for specialty and risk management business segments. 28 September 2018
News
Specialist reinsurance broker Capsicum Re has hired BMS and Accenture executives for its London property and specialty division. 12 November 2018
Insurance
Insurer Rothesay Life is mulling making a £3.5 billion bid for ReAssure, Swiss Re’s UK closed book business, potentially jeopardising plans to list the unit this year, according to reports. 7 January 2019
Insurance
Chubb’s net profits soared in the third quarter reaching $1.2 billion in the period compared with a net loss of $70 million in the same period a year earlier, when it was hit by multiple natural catastrophes. Its combined ratio for the period was 90.9 percent compared with 110.8 percent in the same period a year earlier. 24 October 2018
Insurance
Ashmere Insurance Company (AIC), a Florida-based workers’ compensation specialty insurance company placed itself into voluntary runoff after learning that its reinsurance treaties could not be renewed. 30 August 2018
Insurance
Blend Insurance Solutions, a new Sydney-based Lloyd’s underwriting agency, has officially launched into the Australian market after securing an accident and health renewal rights deal with Beazley Underwriting. 24 May 2017
Insurance
London-based insurtech start-up Digital Fineprint (DFP) has raised $2.7 million in its second funding round led by Pentech Ventures, a UK-based software-focused venture capital firm. 8 January 2018
Insurance
Floods around the world cost the global economy $8 billion in March 2019, according to the Aon Global Catastrophe Recap report. 10 April 2019
Alternative Risk Transfer
Vario Global Capital, the venture unveiled just before the Monte Carlo Rendez-Vous in 2015, which has been working on developing a ‘whole portfolio’ insurance-linked securities (ILS) product as a capital management tool for insurers, intends to open its first fund to investors in 2017, its founding partner told Monte Carlo Today. 11 September 2016
Technology
German insurance giant Allianz is boosting its digital capabilities in products and distribution and is planning to apply them to enter new markets, Allianz SE’s first chief digital officer Solmaz Altin told Intelligent Insurer. 24 August 2016
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