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Insurance
A series of new satellites to be launched by the European Space Agency will provide the insurance industry with new and unique data that will be invaluable to insurers underwriting certain types of risks including some energy and marine business. 13 December 2012
Insurance
Specialty re/insurer Brit has appointed Tony Medniuk as non-executive chairman of its Lloyd’s managing agent Brit Syndicates, which is responsible for managing Syndicates 2987 and 2988. 23 July 2018
Insurance
Hannover-based insurance Group Talanx on November 28 successfully placed a hybrid bond with a volume of €750 million, issued primarily to international and domestic institutional investors. 29 November 2017
Insurance
French insurer AXA has entered into an agreement to sell its whole of market intermediary, Health and Protection Solutions, trading as The Health Insurance Group. 12 June 2018
Alternative Risk Transfer
A record number of catastrophe bonds were issued in the first quarter of the year, continuing the strong momentum in this sector seen at the end of 2011, according to reports by Aon Benfield Securities and Willis Capital Markets & Advisory. 1 June 2012
Insurance
Re/insurance broker Willis Group has launched the UK’s first Shariah compliant commercial real estate insurance. 10 June 2014
Insurance
A court case brought by Arthur J Gallagher (AJG) against the Ardonagh group, for allegedly poaching a team of employees, has highlighted “hostile, unguarded” internal exchanges at AJG. 14 March 2019
Insurance
Tokio Marine Holdings and Intact Financial are leading a $90 million investment in San Francisco-based startup MetroMile, according to a July 23 Bloomberg News report. 24 July 2018
News
A report by Willis suggested higher rates on catastrophe business could trigger cedants to explore alterative options. Will a lack of capacity in the retro market drive demand for industry loss warranties? Intelligent Insurer investigates. 5 April 2012
Alternative Risk Transfer
Brazilian reinsurer Terra Brasis Resseguros has renewed a cat bond that provides it with protection against certain types of property-catastrophe risk in Latin America on an indemnity basis. 6 March 2018
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