Articles
Insurance
Global insurance broker Gallagher has grown its presence in Central and Eastern Europe with the purchase of a minority stake in Czech-domiciled insurance broker Renomia a.s. (Renomia). 25 June 2019
Insurance
German reinsurer Munich Re has partnered with re/insurance industry consortium Geospatial Intelligence Center (GIC) to provide insurers with access to automated damage classification analytics, helping them recover quickly after major catastrophes. 25 June 2019
Insurance
Broker Willis Towers Watson has launched a new solution for general industry mid-market clients as part of its differentiated broking solutions (DBS) business strategy. 25 June 2019
Insurance
Reinsurance Group of America (RGA) has completed a $2.9 billion annuity reinsurance transaction with Horace Mann Life Insurance Company, effective April 1, 2019. 25 June 2019
Insurance
Specialist insurance broker Price Forbes, part of the Ardonagh Group of companies, has launched a new security risks practice following three senior hires from Jardine Lloyd Thompson Group, who have expertise in international risk management, military operations and insurance broking and underwriting. 25 June 2019
Insurance
London-based reinsurance, wholesale and specialty broker Ed is looking to become a "significant independent player" in the Bermuda marketplace which has been dominated by a few big brokers, according to Chris Bonard, chief executive of Ed in Bermuda. 25 June 2019
Alternative Risk Transfer
Bermuda-based mortgage insurance provider Essent Group, a subsidiary of Essent Guaranty, has closed a $333.8 million reinsurance transaction and related mortgage insurance-linked notes offering. 25 June 2019
Insurance
AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has hired Robert Hands from CNA to lead its Australian business and further expand its efforts in the Asia Pacific market. 24 June 2019
Insurance
Tensorflight, an artificial intelligence insurtech start-up that uses machine learning and geospatial imagery to help P&C insurers better assess risks and understand portfolio exposures, has closed a $2 million financing round led by insurance industry investors HSCM Bermuda and Nephila. 24 June 2019
Insurance
Specialty insurer Beazley has appointed Desiree Khoury as a specialty treaty underwriter within its product solutions team, which provides customised turnkey products to insurance company partners. 24 June 2019
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