News
Insurance
UK-based insurance intermediary PIB Group has acquired the Cobra group of companies, taking the amount of premium placed or influenced by PIB from £550 million to £900 million. 5 June 2019
Insurance
US insurer FedNat Holding Company (FedNat) has reported gross catastrophe losses of $17 million, including $15.5 million from the company’s non-Florida property business in Q2 2019. 18 July 2019
Insurance
Germany-based Allianz Group's digital investment unit Allianz X has led the Series A funding round of environmental, social, and governance (ESG) data provider Arabesque S-Ray, which uses big data and machine learning technology to assess the sustainability performance of companies. 18 July 2019
Alternative Risk Transfer
Schroders has reinforced its private assets business by taking full control of Zurich-based insurance linked securities (ILS) investor Secquaero Advisors. 18 July 2019
Insurance
China's securities regulator has given the People's Insurance Company of China (PICC) the green light to list on the Shanghai Stock Exchange. 6 June 2018
Insurance
Lemonade, an artificial intelligence-focused insurtech company, has launched its homeowners and renters insurance insurance offering throughout the Garden State. 3 August 2017
Insurance
Bermuda-based Arch Capital Group said June 6 that it expects its 2017 second quarter pre-tax underwriting income to be adversely impacted by approximately $38 million relative to the quarterly run rate level of profitability associated with its property facultative reinsurance operations. 7 June 2017
Insurance
Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has launched a new financial sponsors group (FSG) to bring together seven of its specialties. 4 October 2019
Insurance
UK government-backed terrorism reinsurer Pool Re has placed its new retrocession programme covering non-damage business interruption (NDBI) losses. 8 July 2019
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