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Terra Brasis Re renews $5m cat bond deal with AIG's AlphaCat

AIG's insurance-linked securities (ILS) unit AlphaCat Managers has completed a $5 million private catastrophe bond transaction with Brazilian reinsurer Terra Brasis Re.   28 January 2019

Insurance

CEO of Towergate owner Ardonagh mulls over IPO

The new UK insurance group The Ardonagh Group which combines Towergate, Autonet, Chase Templeton, Ryan Direct and Price Forbes may be sold or listed on the stock exchange, the CEO reportedly told The Telegraph in an Aug. 6 report.   7 August 2017

Insurance

Willis mulls Central Asian market growth with new Kazakhstan operation

Broker Willis Towers Watson has opened a new re/insurance operation in Kazakhstan to expand its presence in what it recognises as the "key Central Asian growth market".   14 November 2018

Insurance

AXA group CFO Gérald Harlin to leave after 29 years; triggers reshuffle

French insurer AXA has unveiled leadership changes that will take effect after the departure of its group chief financial officer (CFO) Gérald Harlin, who is leaving the company after 29 years.   20 June 2019

Insurance

Dual to acquire Italian MGA from Munich Re, Reale Mutua

Dual's Italian business is in talks to acquire 100 percent of managing general agency Synkronos Italia's share capital.   5 April 2018

Insurance

Marsh hires Aon and Howden senior executives for UK leadership roles

Broker Marsh has appointed two senior leaders from Aon and Howden in its UK real estate practice, which is a part of Marsh JLT Specialty and provides insurance and risk advisory services to real estate owners, operators, managers, and developers.   20 June 2019

Insurance

Overcome a lack of trust, confidence and data to accelerate autonomous vehicle deployment

The arrival of cutting-edge technologies can be a mixed blessing. On one hand, there is the vast landscape of untapped potential, an exciting vision of a changed and improved future. But on the other is often the fear of the unknown, the untested and the unsure.   25 June 2021

Insurance

Lloyd’s approves Arcus 1856 business plan for 2019

Lloyd’s has approved the 2019 business plan of Arcus 1856 syndicate with an increase in property insurance capacity.   13 November 2018

Insurance

Plum acquires high net worth specialist Synergy

Plum Underwriting, a managing general agent (MGA) which is part of Global Risk Partners, has acquired the business of high net worth (HNW) specialist MGA Synergy Insurance Services (Synergy).   29 February 2016

Insurance

India’s regulator IRDAI gets new head

Former chief secretary of India's southwest state of Karnataka, Subhash Chandra Khuntia has been selected to head the Insurance Regulatory and Development Authority of India (IRDAI), according to a May 2 Bloomberg News report.   3 May 2018

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