News
Insurance
Germany-based legal expenses insurance provider ARAG Group has entered the Australian market in partnership with HDI Global Specialty. 4 July 2019
Insurance
Global insurance premiums reached $5 trillion “for first time ever” in 2018, equivalent to more than 6 percent of the world’s gross domestic product (GDP), according to the latest Sigma study. 4 July 2019
Insurance
The Pacific Alliance Latin American trade bloc presents great opportunities which Guy Carpenter fully intends to pursue over the coming year, says Aidan Pope, CEO, Latin America and Caribbean Operations at Guy Carpenter. 26 October 2015
Insurance
Health insurer Aetna, part of US drugstore operator CVS Health, has entered into a four-year reinsurance arrangement with Vitality Re X as part of its long-term capital management strategy. 28 January 2019
Insurance
It harnesses NHAZCA’s satellite, aerial and terrestrial sensing techniques for major risks. 25 March 2021
Insurance
Blockchain insurance initiative B3i successfully stress tested its Property Catastrophe Excess of Loss Reinsurance application recently with a hackathon in Zurich, Switzerland. 1 July 2019
Insurance
Bermuda-based Aspen Insurance Holdings suffered a net loss of $37.3 million in the first half of 2019, dropping from a net income of $16.1 million it made in the same period last year. 16 August 2019
Insurance
Bermuda-based Syncora Holdings has entered into an agreement to sell its New York financial guarantee insurance subsidiary to Star Insurance Holdings, a part of GoldenTree Asset Management, for $392.5 million in cash. 16 August 2019
Insurance
Canadian property and casualty insurer Intact Financial Corporation has entered into a definitive agreement with Princeton Holdings to acquire The Guarantee Company of North America, a specialty lines insurer in Canada and the US, and Frank Cowan Company, a managing general agent (MGA) focused on specialty insurance, for approximately C$1 billion ($750 million) in cash. 16 August 2019
Insurance
The Managing General Agents’ Association (MGAA) has appointed Gary Humphreys, group underwriting director at Markerstudy Group, as a new board director at its annual general meeting. 20 February 2019
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