Articles

Insurance

UK telematics specialist Trak secures £40m growth capital from Three Hills

UK telematics firm Trak Global Group (TGG) has secured growth capital investment of over £40 million from Three Hills Capital Partners to accelerate the development of its data-driven technology solutions for the insurance and shared mobility markets.   30 August 2019

Alternative Risk Transfer

ILS market navigates stormy waters

A number of new reports on the global ILS market point to increasing signs of stability after a tough start to the year. Intelligent ILS investigates.   30 August 2019

Insurance

New Sirius CEO unveils strategic changes to streamline underwriting and global operating structure

Bermuda-based Sirius Group has unveiled key strategic changes, including forming a new management committee, to streamline its global operating structure and enhance focus on its core underwriting business.   30 August 2019

Insurance

AIG urged to stop insuring Australian coal mine by 100,000 environmental protestors

Major insurer AIG has come under intense pressure in Australia to rule out insuring a coal mining project as more than 100,000 environmental protestors voice concerns.   30 August 2019

Alternative Risk Transfer

Losses from Hurricane Dorian estimated between $15bn and $25bn as storm heads towards land

Upgraded to a hurricane, storm Dorian has been described as "extremely dangerous" by the National Hurricane Center (NHC) with the potential to become a category 4 hurricane as it tracks towards Florida.   30 August 2019

Insurance

Apollo, Athene to buy GE Capital’s aircraft lending unit PK AirFinance

Apollo Global Management and Athene Holding have entered into a definitive agreement with GE Capital to buy PK AirFinance, an aviation lending business from GE Capital’s Aviation Services (GECAS) unit.   30 August 2019

Insurance

Meteo Protect launches ‘quick to set up’ parametric cover platform

Paris-based underwriting agency Meteo Protect has launched ParametricAPI.com its open insurance application programming interface (API) to enable insurers and startups to run their own parametric insurance programs.   30 August 2019

Insurance

Landmark Underwriting hires Liberty's Roger Millgate as head of global professional indemnity

Specialist managing general agent (MGA) Landmark Underwriting has hired Roger Millgate as head of global professional indemnity (PI) from Liberty Specialty Markets.   30 August 2019

Insurance

Berkley One appoints new chief claim officer from Chubb

Berkley One, a member company of Berkley and a startup insurance provider, has appointed Peter Boccher as chief claim officer.   30 August 2019

Insurance

KCC cat model estimates $1.5 trillion losses if Kanto-strength earthquake hit Japan today

An earthquake model has estimated the value of insured and uninsured losses if a catastrophe akin to Japan’s 1923 Kanto megathrust earthquake hit the country today.   29 August 2019

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