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Insurance
Reinsurance Group of America (RGA) has completed a longevity reinsurance deal with Canadian multinational insurance and financial services company Manulife. 14 February 2019
Insurance
Bermuda re/insurer Arch Capital Group saw its income fall year-on-year in fourth quarter 2018, primarily due to the impact of catastrophic events in the year 13 February 2019
Insurance
UK terrorism mutual reinsurer Pool Re has received Parliamentary approval to cover non-damage business interruption losses in the wake of a terrorist attack. 13 February 2019
Insurance
TrackActive, a UK-based InsurTech startup, said it is on target to raise the £300k it needs in seed funding after it partnered with Gen Re, lead investor HR Tech Partnership, and other angel investors through Seedrs. 13 February 2019
Alternative Risk Transfer
The spate of heavy losses in 2017 and 2018, compounded by ‘loss creep’ as some funds struggled to post accurate loss estimates, seems to have made ILS investors pause for thought, with many being much more circumspect as to where to place their money. Intelligent Insurer investigates. 13 February 2019
Insurance
Re/insurer AXA XL will slash 711 jobs from its European businesses as part of a major restructuring plan following its integration with the XL Group. 12 February 2019
Insurance
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
Lloyd's re/insurance broker RFIB Group has established new permanent offices in Montecasino, Johannesburg, to further expand its presence in Africa. 12 February 2019
Insurance
Munich Re's primary insurance unit ERGO Group is selling its non-life insurance business in Russia to RESO-Garantia as part of what it called an international portfolio optimisation strategy. 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
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