News
Insurance
Data analytics firm Verisk is set to acquire US firm BuildFax, a provider of property condition and history data, after signing a definitive agreement with the company's shareholders. 3 October 2019
Insurance
Brazilian reinsurers Austral Re and Terra Brasis Re have signed an investment agreement to merge their operations in order to create the second-largest domestic reinsurer in the vast South American country. 17 June 2019
Insurance
Starr Insurance Companies has appointed senior vice president Carmella Capitano as head of primary general casualty-risk management and excess casualty. 5 April 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 recruited Martin Jackson as head of aviation and space, replacing Tim Slade. 20 May 2019
Insurance
The European reinsurance market remains extremely attractive both for its incumbent players and for newer entrants into the market—all of which should make for some interesting negotiations as each camp tries to cement or grow their footing in the market, as Intelligent Insurer discovers. 20 October 2014
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
Dutch insurance group Aegon has agreed to divest the last substantial block of its life reinsurance business to SCOR Global Life. 8 August 2018
Insurance
Zurich has become the first major global insurer to align with United Nation's climate change goals by committing to using 100 percent renewable energy in all global operations by the end of 2022, and to stop writing certain thermal coal and oil sands risks. 26 June 2019
Insurance
Broker Marsh has developed a Japanese aircraft finance insurance consortium (AFIC) in collaboration with Sompo Japan Nipponkoa Insurance and Sompo International. 26 June 2019
Insurance
California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has partnered with Zurich-based Synpulse to improve the property and casualty (P&C) underwriting process for insurers. 20 September 2019
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