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Specialty insurer Neon today has raised third party capital to support its second ILS transaction through its UK-based transformer vehicle (NCM Re). 8 January 2019
Insurance
Bermuda-based re/insurer AXIS Capital Holdings has extended the contract of president and CEO Albert Benchimol until Dec. 31, 2023. 12 December 2018
Insurance
Primary focus of Europe’s largest non-life insurers is their local markets. 6 November 2019
Insurance
Lloyd’s insurance broker Tysers has acquired the London-based commercial lines business of Cosmos Services, Hong Kong, a subsidiary of the Japanese global trading firm ITOCHU Corporation. 13 December 2017
Insurance
The California Department of Insurance issued a formal notice to insurers directing them to cease any and all moratoriums on auto insurance and reminding them that California law prohibits this practice. 13 December 2017
Insurance
Venture capital firm BP Marsh & Partners has acquired a 20 percent stake in Singapore-headquartered Asia Reinsurance Brokers (ARB) for S$2.4 million ($1.8 million). 21 April 2016
Insurance
Markel’s co-chief executives pointed to “outstanding performance” in the insurer’s investment portfolio, with more than $1 billion of net investment gains in the first half of the year, as the company released its second quarter and half year results for 2019. 31 July 2019
Insurance
Run-off expert Arndt Gossmann has launched his latest venture in response to market demand following the introduction of Solvency II and to help dispel any stigma associated with using run-off as a strategic tool, he told Baden-Baden Today. 24 October 2018
Insurance
Everest Insurance has appointed Jessica Mann to its surety team as vice president, commercial surety lead, working in the company’s Houston office. 6 August 2018
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has appointed Thomas Brazil as the new chief executive officer of SI Insurance (Europe), the company’s platform for European Economic Area (EEA) insurance business. 23 April 2019
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