Articles
Insurance
US insurtech firm Lemonade grew the business by 1,000 percent year on year in the first six months of 2018 but now wants to reduce the growth pace and address its loss ratio, which doesn’t work well, as the company’s co-founder Shai Wininger wrote in a blog. 21 June 2018
Insurance
Lloyd’s brokers are expanding to achieve economies of scale and become more competitive, Intelligent Insurer finds out in conversation with the CEOs of Endeavour and RFIB. 21 June 2018
Insurance
AmTrust Financial Services’ shareholders are voting today, June 21, 2018, at 10:00 am (EDT) in a special meeting on the privatisation plan of the specialty insurer. 21 June 2018
Alternative Risk Transfer
Recently established Bermuda domiciled reinsurance company Bernina Re has appointed Michael McKnight to the position of chief executive officer & chief risk officer effective as of 28 May 2018. 20 June 2018
Insurance
Specialist re/insurance broker BMS Group has entered into a tied representative agreement with Turkish specialist re/insurance broker Rönesans Reasürans ve Sigorta Brokerlik. 20 June 2018
Insurance
Property/casualty (P&C) CEO bonus payments increased to 393 percent of salary in 2017 from 225 percent of salary in 2016, according to a study by consulting firm Compensation Advisory Partners (CAP). 20 June 2018
Insurance
Run-off specialist Enstar Group is pondering a sale of Atrium Underwriting, which writes business through Lloyd’s syndicate 209, and StarStone Insurance, its speciality insurance unit with a global presence. 19 June 2018
Insurance
Viva Republica, a South Korean fintech startup that developed financial services app Toss, has secured a $40 million round of funding from Singapore-based investment firm GIC and Sequoia China. 19 June 2018
Insurance
Specialist insurer Life Company Consolidation Group (LCCG) has agreed to acquire UK's mutual life insurer Equitable Life. The transaction is expected to complete towards the end of 2019. 18 June 2018
News
Bermuda-based PartnerRe’s balance sheet strength and risk-adjusted capitalisation are said to be at the strongest level, according to rating agency AM Best. 18 June 2018
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