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Alternative Risk Transfer
Zurich-based catastrophe insurance data provider PERILS has acquired Canadian loss and exposure aggregation firm Catastrophe Indices & Quantification (CatIQ). 18 June 2019
Insurance
Allianz Global Corporate & Specialty SE (AGCS) has reorganised its aviation and marine management team, in a move it hopes will drive growth and profitability in its specialty business. 13 June 2019
Insurance
Insurtech UK, an alliance of 52 insurtech startups joined by associate members of the insurance industry and service partners, has entered into a partnership with the UK's Department for International Trade (DIT). 12 June 2019
Insurance
AI-powered insurtech company Lemonade has entered the European market with the launch of its contents and liability insurance product in Germany – its first major market outside of the US. 12 June 2019
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has expanded its presence in Australia with a new office in Adelaide, and appointed Monica Holland as underwriting manager and casualty manager for South Australia. 12 June 2019
Insurance
Universal Property & Casualty Insurance Company (UPCIC) has expanded the top of its reinsurance tower for a single Florida event to $3.28 billion (an increase of $134 million) as part of Universal Insurance Holdings’ 2019-2020 reinsurance programmes, effective June 1, 2019. 3 June 2019
Insurance
Allianz is acquiring the remaining 51 percent of Liverpool Victoria Friendly Society's (LV='s) general insurance business that it does not already own, for up to £578 million, and taking full owndership of Legal & General Insurance for £242 million, to become the second largest general insurer in the UK. 31 May 2019
Insurance
HDI Global Specialty SE, a new specialty lines insurer created from merging the specialty lines activities of Hannover Re and HDI Global, has appointed Karen Frazer to its London-based US delegated authority underwriting team. 31 May 2019
Insurance
Re/insurance broker Aon has entered into a commercial partnership with insurtech start-up CoverWallet, an online platform helping small businesses to understand, buy and manage insurance, in Australia. 31 May 2019
Insurance
Aspen Re president and chief underwriting officer and managing director of the Americas, Emil Issavi, is leaving the re/insurer to join specialty insurance services business Ryan Specialty Group (RSG). 31 May 2019
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