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Insurance
The CEO of UK motorcycle broker Carole Nash will leave the business the end of March 2018, its new owner Ardonagh Group has revealed. 11 January 2018
Insurance
Dutch NN Group’s acquisition of its peer Delta Lloyd has lowered the cost base by €133 million in 2017, according to a Feb. 15 press release. 15 February 2018
Alternative Risk Transfer
Brazilian reinsurer Terra Brasis Resseguros has renewed a cat bond that provides it with protection against certain types of property-catastrophe risk in Latin America on an indemnity basis. 6 March 2018
Alternative Risk Transfer
Twelve Capital has completed a $35 million private catastrophe bond designed to cover second event risk across all natural perils in the US. 10 January 2018
Insurance
Patria Re’s entry into the Lloyd’s Market, achieved via the launch of a special purpose syndicate (SPS) in partnership with the Ironshore-owned Pembroke Managing Agency, will allow the company to diversify and ultimately expand its presence in its home market of Latin America, Ingrid Carlou, chief executive of Patria Re, told PCI Today. 27 October 2015
Insurance
ArgoGlobal has led the first Lloyd’s market consortium for motor treaty business, according to a Feb. 12 press release. 12 February 2018
Insurance
Houston International Insurance Group (HIIG) is to acquire errors and omissions (E&O) managing general underwriter Compass Group Partners. 22 May 2014
News
Patria Re is looking to extend its reach while also developing better ways to use its capital via specialty lines and services, Ingrid Carlou, its chief executive, told Baden-Baden Today. 21 October 2015
Insurance
Intermediaries such as brokers or managing general agents (MGAs) need to lift their game for insurers to better understand their clients’ needs and improve their products and services based on this, said Lakshan De Silva, chief technology officer at technology firm Intellect SEEC. 19 November 2018
Insurance
Property/casualty insurer Travelers Europe will apply to the Central Bank of Ireland for authorisation of a new, wholly owned insurance subsidiary incorporated in the Republic of Ireland, according to a Dec. 19 statement. 19 December 2017
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