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Alternative Risk Transfer
Twelve Capital has completed a $35 million private catastrophe bond designed to cover second event risk across all natural perils in the US. 10 January 2018
Insurance
London-based insurtech start-up Digital Fineprint (DFP) has raised $2.7 million in its second funding round led by Pentech Ventures, a UK-based software-focused venture capital firm. 8 January 2018
Insurance
AXIS Insurance, a business segment of Bermuda-based AXIS Capital Holdings, has promoted Nicole Lim to deputy chief underwriting officer, Singapore. 8 January 2018
Insurance
Bermuda-based Qatar Reinsurance Company (Qatar Re) has signed a sales purchase agreement to buy Markerstudy’s Gibraltar-based insurance companies. 3 January 2018
Insurance
Arno Junke, the chief executive of Deutsche Rück and the Association of German Public Insurers (VöV), has left both positions as of December 31, 2017. 2 January 2018
Insurance
US insurers will need to be nimble if they are to maximise the potential benefits – and overcome potential pitfalls – stemming from US tax reforms, according to S&P Global Ratings, in a new report called ‘US Tax Reform: A Mixed Bag Of Goods For Life, Health, and P/C Re/Insurers.’ 2 January 2018
Insurance
Allianz Group and Liverpool Victoria Friendly Society (LV=) have completed the first stage in the creation of their joint venture and strategic partnership through the planned sale of 49 percent stake in LV=’s UK General Insurance businesses (LV=GI) to Allianz Group. 2 January 2018
Insurance
Broker Ed has poached a senior marine expert from Aon Risk Solutions to head up its marine unit. 2 January 2018
Insurance
Starr Companies has appointed Jose Cuisia as chairman of Starr International Insurance Philippines branch, a branch of Starr International Insurance (Asia), a company established and licensed to write general insurance in Hong Kong. 2 January 2018
Insurance
Tempcover, a UK-based online temporary insurance platform, has completed a £13.3 million management buy-out (MBO) backed by £7.5 million from Connection Capital, the specialist private client investment business alongside a £5.75 million debt package from Santander. 2 January 2018
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