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Insurance
AmTrust Financial Services has entered into an agreement for a loss development cover with Premia Reinsurance, a subsidiary of Premia Holdings, the Bermuda start-up whose majority shareholders are Arch Capital Group and private equity firm Kelso & Company. 7 July 2017
Insurance
California-based insurtech start-up Trov said on July 5 that it received approval for its on-demand insurance services from regulators in 23 US states. 7 July 2017
Insurance
Probitas 1492, an underwriting syndicate at Lloyd’s specialising in property, construction and casualty insurance and reinsurance solutions, said July 6 that it hired Stephen Johnson as property underwriter, and Jim Meakins as casualty underwriter. 7 July 2017
Insurance
Swiss Re said on July 7 that it has partnered with Ping An Property & Casualty Insurance Company of China to launch China's first mobile-enabled typhoon property parametric insurance solution. 7 July 2017
Insurance
Ironshore International’s Mergers & Acquisitions and Tax Insurance unit has opened an office in Frankfurt, Germany, through Ironshore Agency in a move to expand its European presence. 7 July 2017
Insurance
Specialist Lloyd's insurer Neon has appointed Chris Conway, formerly a senior underwriter at Ascot Underwriting Bermuda, to its property reinsurance team in Bermuda. 7 July 2017
Insurance
Worldwide economic and insured losses during the month of June were once again largely driven by several major severe weather outbreaks in the US, according to the latest Global Catastrophe Recap report by Impact Forecasting, Aon Benfield’s catastrophe model development team. 7 July 2017
Insurance
Senior executives at Novae Group have highlighted the increasing need for scale in the risk-transfer business as the justify agreeing to the firm’s sale to AXIS Capital for £468 million ($604 million). 6 July 2017
Insurance
Re/insurer QBE has appointed Constanza Gállegos as head of distribution for Continental Europe. 6 July 2017
Insurance
Stephen Catlin, who is stepping down as executive deputy chairman of the XL Group, is not in the mood for retiring yet. 6 July 2017
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