News

Insurance

Insurtech Galileo secures $2m investment from Greenlight Re

Hong Kong-based blockchain company Galileo Platforms has secured $2 million Series A funding from specialist property/casualty reinsurer Greenlight Capital Re to accelerate its growth.   24 October 2018

Insurance

AXIS appoints Deutsche Bank innovation head to its board

Bermuda-based AXIS Capital Holdings has bolstered its board of directors with the appointment of a senior executive from Deutsche Bank.   24 October 2018

Insurance

Fidelis launches in Ireland with execs from XL, PartnerRe, AXIS, Hiscox

Bermuda-based Fidelis Insurance Holdings has revealed plans to establish a re/insurer in Ireland, which it said will allow it to take advantage of opportunities in the European Economic Area.   23 October 2018

Insurance

Swiss Re reveals new UK & Ireland CEO

Swiss Re has appointed Tavaziva Madzinga as new chief executive officer (CEO) of UK & Ireland (UKI), succeeding Frank O'Neill who left the reinsurer in September.   23 October 2018

Insurance

Talanx outlines ambitious plans, will consolidate reinsurance programme

The Talanx Group, which owns Hannover Re, has outlined ambitious targets for 2019 and beyond – one way it plans to achieve these is by consolidating its reinsurance buying programme.   23 October 2018

Insurance

Pickel to succeed Wallin as E+S Rück CEO

Hannover Re Group has revealed that Michael Pickel will succeed Ulrich Wallin as chief executive officer (CEO) of its German reinsurance subsidiary E+S Rück.   23 October 2018

Insurance

AXA to sell Ukrainian operations to Fairfax

French insurer AXA is planning to sell all its insurance operations in Ukraine and exit the Ukrainian market.   23 October 2018

Insurance

Generali buys Polish asset manager Union Investment TFI

Italian insurer Generali will acquire Polish asset management company Union Investment TFI from the German Group Union Asset Management Holding to bolster its presence in central and eastern Europe (CEE).   23 October 2018

Insurance

Hyperion unveils new insurtech unit; names new RKH CEO

Intermediary Hyperion Insurance Group will establish a new technology-focused business that will manage the group's third-party insurtech investments, as well as incubate its own start-up ventures.   23 October 2018

Insurance

Liberty Mutual places Lloyd's carrier Pembroke under "strategic review"

Property/casualty insurer Liberty Mutual Insurance is undertaking a strategic review of its London-based Pembroke Managing Agency, which came into its portfolio when it acquired lronshore in May 2017.   23 October 2018

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