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Insurance
California-based insurtech start-up Trov said on July 5 that it received approval for its on-demand insurance services from regulators in 23 US states. 7 July 2017
Insurance
Probitas 1492, an underwriting syndicate at Lloyd’s specialising in property, construction and casualty insurance and reinsurance solutions, said July 6 that it hired Stephen Johnson as property underwriter, and Jim Meakins as casualty underwriter. 7 July 2017
Insurance
Lancashire Holdings enjoyed a rise in profits in the first quarter of 2017 though the company’s gross written premiums shrank significantly. 4 May 2017
News
As it approaches its second birthday, reinsurance broker Capsicum Re is poised to emerge from its building phase and start moving into the general market, Rupert Swallow, chief executive officer of Capsicum Re, tells Intelligent Insurer. 14 December 2015
Insurance
New Zealand-based Tower has been impacted by severe and unprecedented weather and a settlement of a Peak Re dispute resulting in a half year loss of NZ$11.6 million ($8.04 million) for the half year ended March 31, 2018 compared to a loss of NZ$8.2 million in the same period a year ago. 30 May 2018
Insurance
Advisory firm Egan-Jones has joined Glass Lewis in recommending that AmTrust Financial Services stockholders vote "FOR" the company's merger agreement at the special meeting of stockholders on June 4, 2018. 30 May 2018
Insurance
Bermuda-based Monument Re, through its European subsidiary Laguna Life, has acquired a run-off portfolio of flexible premium retail life insurance contracts from Ethias, known as the First A Portfolio. 17 April 2018
Insurance
The European Commission has confirmed that its officials carried out unannounced inspections on July 4, 2017 at the premises of companies active in motor insurance in the Republic of Ireland. 5 July 2017
Insurance
Copenhagen-based specialty non-life insurer Gefion has closed a private placement of €10 million Solvency II-compliant subordinated notes, with funds managed by Fermat Capital Management. 25 July 2017
Insurance
XL Catlin’s insurance operation in Iberia has officially launched its accident and health (A&H) insurance solution for the Spanish market. 12 May 2017
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