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Resolution Life secures new capital to finance expansion plans

Australia14-05-2021Life Insurance

Resolution Life has now secured commitments of approximately $5 billion since its launch in September 2018.

Nectaris Re secures A rating from AM Best

Bermuda14-05-2021Casualty Insurance, Marine

Nectaris Re retrocedes its business to Horseshoe Re II, with cells that are funded by ILS funds managed by Leadenhall Capital Partners.

MIB group names CNO exec as chair for 2021-22 term

North America14-05-2021

The incoming chair replaces Michael Fosbury of Columbian Mutual Life Insurance Company, who retains a seat on the board.

Oneglobal Broking hires former Marsh Brazil deputy CEO

Latin America14-05-2021

As CEO Latin America he will work to build out the company’s re/insurance capability in key Latin American markets.

Integrated Specialty Coverages launches gig economy general liability programme

North America14-05-2021

Created in partnership with Markel Specialty, the programme is geared towards gig economy contractors.

Hallmark reports improved income and substantial rate increases for Q1 2021

North America14-05-2021

The company made a profit compared to a loss in the same quarter last year.

Aston Lark creates new integration director role

UK14-05-2021

The role has been filled by an internal promotion and will involve overseeing the successful integration of all of Aston Lark’s acquisitions.

Intelligent AI gains £1m funding following Lloyd’s Lab graduation

UK14-05-2021

It aims to save commercial property insurers £500m a year.

Growing pains and teenage tantrums: watching cyber risk come of age

North America14-05-2021Cyber

As the cyber insurance market matures, it will need both standardisation and innovation to sustain its growth. But even those things won’t necessarily protect the market from some difficult times as the market develops.

Forget P&C business—add an extra C for cyber

North America14-05-2021Cyber, Property and Casualty (P&C)

As the world marches towards an increasingly interconnected future, cyber will become one of the biggest risks that companies will need to manage—and insurers will need to qualify, price and underwrite. This will mean a fundamental shifting of the portfolio mix for most insurers.

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