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Insurance
SCOR refocuses large corporate risks unit
French reinsurer SCOR has reorganised the structure of its large corporate risks insurance unit, SCOR Business Solutions, with the aim to increase client centricity.   16 May 2018
Insurance
XL Catlin boosts global M&A insurance capacity
Re/insurer XL Catlin has extended its global mergers and acquisitions (M&A) capacity by 20 percent to $60 million, in order to better address the transactional liability insurance needs of clients, brokers and other deal professionals.   16 May 2018
Insurance
Insurtech Ladder raises another $10m for expansion
California-based insurtech startup Ladder as secured $10 million strategic investment from Allianz Life Ventures and Northwestern Mutual Future Ventures.   16 May 2018
Insurance
Munich Re-backed cyber startup At-Bay attracts $13m investment
California-based cyber insurance start-up At-Bay has secured a $13 million Series A funding.   14 May 2018
Insurance
Nationwide invests in AI insurtech start-up Betterview
US-based insurance and financial services provider Nationwide has made a strategic venture capital investment in Betterview, a software platform and service provider for capturing and analysing data from drones.   8 May 2018
Insurance
SCOR’s MutRé acquisition drives results
SCOR’s MutRé acquisition has resulted in a mark-up of the value of the investment by €26 million in the first quarter of 2018, allowing the reinsurer to beat the analysts’ consensus by 24 percent, according to a Jefferies analyst note.   30 April 2018
Insurance
AXA raises $3.2bn from pre-IPO restructuring to finance XL acquisition
French insurer AXA has received $3.2 billion following the completion of its reorganisation transactions ahead of the planned initial public offering (IPO) of its US operations.   26 April 2018
Insurance
AXIS to further boost savings while Q1 profits rise
As part of AXIS Capital’s transformation initiative to strengthen its operating model, the firm expects to deliver an additional run-rate cost savings of $40 million over the previously announced $60 million related to the integration of Novae, the company said while presenting the first quarter 2018 results.   26 April 2018
News
SCOR grows 13.5% at April renewals
At the April 1, 2018, renewals, SCOR Global P&C grew gross written premiums by 13.5 percent at constant exchange rates to €505 million, the company said while presenting the first quarter 2018 results.   26 April 2018
Insurance
Nail the technology basics, says conference panel
Getting the basics right is vitally important as insurance technology accelerates, according to a panel of industry experts at the Intelligent Automation in Insurance: unlocking the artificial intelligence revolution conference, taking place in London today.   26 April 2018

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