Articles

Insurance

Validus subsidiary AlphaCat climbs to $3.4bn in assets under management

AlphaCat, the third party reinsurance capital management subsidiary of Validus, has increased its assets under management to $3.4 billion.   11 January 2018

Insurance

THB boosts motor fleet with two hires

THB UK Risk Solutions, the UK broking operation of the specialist insurance and reinsurance broker THB, has appointed two new motor fleet brokers.   4 May 2018

Insurance

Amazon leads $12m investment round in insurtech Acko

E-commerce giant Amazon has led a $12 million funding round in Acko Technologies, which owns online general insurance provider Acko General Insurance, according to media reports.   29 May 2018

Insurance

Rapidly growing ILS market hits $93bn in 2018

The ILS market grew to $93bn of outstanding non-life capital in 2018, suggesting the market is in good health despite a quieter final quarter, according to the latest report from Willis Re.   29 January 2019

Insurance

Tokio Marine invests in Allianz-backed insurtech Simplesurance

Tokio Marine Holdings has made a strategic investment in German insurtech firm Simplesurance (SISU) through its wholly owned subsidiary, Tokio Marine & Nichido Fire Insurance.   2 October 2018

Insurance

Privately-owned Lockton Re is reaping the rewards of offering a real alternative

As consolidation reduces the choice of reinsurance brokers, privately-owned Lockton is reaping the rewards of offering a real alternative and is enjoying strong growth as a result, the firm’s Mark Waterkeyn tells Baden-Baden Today.   23 October 2018

Insurance

Aon creates new group to grow MGA, MGU network; names CEO

Broker Aon has created a new Carrier Solutions group, under the leadership of Karl Hennessy, to support and grow its proprietary network of managing general agents (MGAs) and managing general underwriters (MGUs).   30 May 2018

Insurance

The Hanover poaches senior Zurich Insurance exec to lead specialty

US-based property/casualty insurer The Hanover Insurance Group has appointed Bryan Salvatore as executive vice president and president of specialty.   26 May 2017

Insurance

HDI Global Specialty writes €1bn in premiums, appoints CEO

HDI Global Specialty, a creation of a merger of the specialty lines activities of Hannover Re and HDI Global, has appointed its first chief executive and said it underwrote more than €1 billion in premium volume at the start of the year.   8 January 2019

Insurance

Lockton hires Gallagher and Willis execs in regional growth strategy

Re/insurance broker Lockton has hired senior Gallagher and Willis executives as it it looks to grow its presence across the North of England and Midlands.   24 May 2019

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