Articles
Insurance
Bermuda’s response to tackling the COVID-19 crisis and remaining open for business has shown the island’s worth to CEOs and investors, says Bermuda Development Agency CEO Roland Andy Burrows ahead of a webinar on the topic. 15 July 2020
Insurance
Bermuda-based Catalina Holdings has closed a $700 million equity capital raise from Apollo, allowing for “much larger transactions” and making Apollo the majority shareholder. 11 October 2018
Alternative Risk Transfer
Three experienced ILS executives including one of the founders of Hiscox-owned Kiskadee Investment Managers and a former managing director of RenRe-owned DaVinci Reinsurance have formed a new hedge fund-backed ILS venture, according to a May 16 Reuters report. 17 May 2018
Insurance
XL Group has made preliminary estimates of natural catastrophe net losses from the recent wildfires in South California of around $45 million, with a further $20 million relating to other cat events. 11 January 2018
Insurance
Pen Underwriting, a subsidiary of insurance broker Arthur J Gallagher, has appointed James Palmer as senior underwriter to strengthen its regional brokers in getting and retaining new business. 28 November 2016
Insurance
Nearly half of manufacturers have been the victim of cyber-crime, and a quarter has suffered some financial loss or disruption to business as a result, according to a new report. 24 April 2018
Insurance
Parts of the US commercial insurance market are archaic and ripe for technology-driven change, with many players keen to embrace anything that makes their businesses more cost-efficient, Jason Keck, chief executive officer and co-founder of insurtech startup Broker Buddha, told PCI Today. 28 October 2018
Insurance
Technology-driven risk solutions provider Sedgwick has appointed Ian Muress, Stewart Steel and Paul White to leadership roles for its combined business operations in the UK. 23 April 2018
Insurance
AXIS Capital Holdings has received authorisation to create a single managing agent structure for its operations at Lloyd’s. 9 January 2018
Insurance
California-based cyber insurance start-up At-Bay has secured a $13 million Series A funding. 14 May 2018
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