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Bermuda reinsurer Maiden Holdings is faced with battling a class action lawsuit, which alleges that the company and some of its former officers misled investors over the nature of underwriting and risk management controls relating to reinsurance agreements with AmTrust. 12 February 2019
Insurance
Bermuda specialty re/insurer Argo Group enjoyed strong growth and better profits in 2018 by “optimising its portfolio” and growing in lines with most “profit potential” according to its CEO. 12 February 2019
Insurance
Lloyd’s underwriter StarStone is closing its Australia office following a "strategic review" and has appointed Agile Underwriting as a representative agent for the global specialty insurer in Australia and New Zealand. 12 February 2019
Insurance
Bermuda-based re/insurer Ascot and specialty insurer Beazley have come together to launch a Lloyd’s based cargo consortium that uses insurtech solutions to help manage risk and claims performance. 12 February 2019
Insurance
Axa has seen a “striking” jump in the perception of climate change as the top emerging risk in its latest survey, said Hélène Chauveau, head of emerging risks at the company. 12 February 2019
Insurance
Figures from Swiss Re show that “$1.3 trillion (70 percent) of global economic losses derived from natural catastrophes in the past 10 years were uninsured”. Gethin Jones and Laurent Sabatié co-founded Skyline Partners to address this gap and have started by focusing on weather risks in India. Intelligent Insurer speaks to them to find out how they plan to close the global protection gap. 12 February 2019
Insurance
Commercial insurer CNA made “significant progress in 2018” despite a fourth quarter hit by catastrophe losses, said chairman and CEO of CNAFinancial Corporation Dino Robusto as the company announced its full year results. 11 February 2019
Insurance
Bermuda-based AXIS Capital Holdings has hired AIG's Robert “Bob” Quane as head of underwriting and portfolio optimisation. 11 February 2019
Insurance
As the deadline for a no deal Brexit moves closer, the French government has published emergency measures relating to financial services and insurance, global law firm Clyde & Co has confirmed. 11 February 2019
Insurance
A no deal Brexit could create a surge in businesses with no insurance, as small and medium sized enterprises warn of cashflow problems, according to an online poll from Premium Credit, a UK finance company. 11 February 2019
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