News

News

Swiss Re seeks new share buy-back programme; elects three new directors

Swiss Re plans to increase its regular dividend and authorise a new public share buy-back programme of up to Sfr1 billion ($1 billion) at its Annual General Meeting of shareholders set for April 20, 2018.   15 March 2018

Insurance

Markel returns to profit in Q3

Markel Corporation has returned to profit in the third quarter of 2018 despite having experienced significant catastrophe losses during the period.   31 October 2018

Insurance

Enstar finalises reinsurance-to-close transaction with Neon

Enstar Group-owned Lloyd’s managing agency, StarStone Underwriting has finalised a reinsurance-to-close transaction with Neon Underwriting, according to a Feb. 16 press release.   19 February 2018

Insurance

AIG expects up to $1.7bn cat loss for Q3

American International Group (AIG) expects to report third quarter 2018 pre-tax catastrophe losses, net of reinsurance, of approximately $1.5 to $1.7 billion.   19 October 2018

Insurance

Gallagher expands into CEE with minority stake in Renomia

Global insurance broker Gallagher has grown its presence in Central and Eastern Europe with the purchase of a minority stake in Czech-domiciled insurance broker Renomia a.s. (Renomia).   25 June 2019

Insurance

Pay-by-mile car insurtech By Miles raises £5m Series A funding

UK-based insurtech startup By Miles, which provides pay-per-mile car insurance, has raised raises £5 million in Series A funding led by Octopus Ventures.   27 February 2019

Insurance

Insurtech startup Breathe Life raises $3.4m seed funding

Montreal-based Insurtech startup Breathe Life has raised CA$4.5 million ($3.4 million) in its seed round of funding led by Diagram Ventures with participation from Real Ventures.   27 February 2019

Insurance

QBE invests in insurtech Zeguro, launches cybersecurity solution

QBE Insurance Group has invested in cyber risk management firm Zeguro’s $5 million seed funding round through its venture capital arm QBE Ventures while creating a cybersecurity solution for small to medium enterprises (SMEs) in a partnership.   6 November 2018

Insurance

AXIS hires reinsurance CUO from AIG

AXIS Re, the reinsurance arm of Bermuda-based AXIS Capital Holdings, has appointed AIG's Megan Thomas as chief underwriting officer, responsible for product and portfolio management within AXIS Re.   18 April 2018

Insurance

Chubb taps Everest exec to lead North America claims

Property/casualty insurer Chubb has appointed Megan Watt as executive vice president, head of North America claims.   17 July 2018

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