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Specialty insurer Markel Corporation intends to establish a new retrocessional insurance linked securities (ILS) fund platform ahead of the 2020 renewal period in Bermuda, comprised of a reinsurance company, fund entity and investment manager. 26 July 2019
Insurance
Reinsurance Group of America (RGA) has appointed Hamilton CEO Pina Albo to its board of directors, increasing the female representation on its board to 38 percent. 26 July 2019
Insurance
The 2019 half year results for French reinsurer SCOR “deliver a strong performance”, according to Denis Kessler, company chairman and CEO. 25 July 2019
Insurance
Hippo, a California-based insurtech focused on the home insurance market, has secured $100 million Series D funding to fuel expansion of its footprint in the US. 25 July 2019
Insurance
Australian broker PSC Insurance Group is acquiring 100 percent of the share capital of Lloyd’s and London Market broker Paragon International Holdings for a base consideration of £42 million (approximately A$75 million). 25 July 2019
Insurance
Analytics and insurance software provider Qomplx, formerly known as Fractal Industries, has secured $78.6 million Series A financing led By Cannae Holdings and Motive Partners. 24 July 2019
Insurance
Property/casualty insurer Kingstone Companies has decided to no longer underwrite commercial liability risks following a review by its new chief executive Barry Goldstein. 24 July 2019
Insurance
Broker Willis Towers Watson has launched a new data and analytics tool for aerospace insurance that is designed to help mitigate risk and improve underwriting outcomes. 24 July 2019
Insurance
Beazley reported “strong premium growth” and margins in many lines of business that looked “healthier than they have in some years” as the firm published its 2019 six months results. 24 July 2019
Insurance
Specialty insurance group Tokio Marine HCC has formed a new cyber & professional lines group, led by Richard Robin as president. 24 July 2019
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