News
Alternative Risk Transfer
Markel CATCo Investment Management has implemented a specific loss reserve to cover the 2018 events hurricane Michael and typhoon Jebi and has warned over potential California wildfire losses and a loss creep from 2017 nat cat events. 22 November 2018
Insurance
Berlin-based finleap, a company builder specialising in fintech, has raised €41.5 million in a new funding led by Chinese insurer Ping An‘s Global Voyager Fund. 19 November 2018
Insurance
AXIS Capital is among the top five players in cyber globally by premium written, and the Bermuda-based insurer has appetite for more and plans to grow faster than the market in the coming years, as Dan Trueman, chief innovation officer and cyber unit head, tells Intelligent Insurer. 18 April 2018
Insurance
The rating agencies have started to react to the news that Liberty Mutual will acquire Ironshore – just over a year after Fosun International, China’s biggest conglomerate, acquired the remaining 80 percent stake in the Bermuda-based property/casualty insurer. 6 December 2016
Insurance
Everest Insurance has hired OneBeacon and Starr executives for its Everest Specialty Underwriters Private Company/Not-for-Profit group. 14 November 2018
Insurance
Operations management, consulting and digital solutions provider Davies Group has made several senior executive promotions as it streamlines its business, creating three operating platforms across claims solutions, insurance services and customer solutions. 16 March 2018
Insurance
Australian broker PSC Insurance Group is acquiring 100 percent of the share capital of Lloyd’s and London Market broker Paragon International Holdings for a base consideration of £42 million (approximately A$75 million). 25 July 2019
Insurance
Commercial and industrial property insurer FM Global has appointed Randy Hodge to senior vice president, underwriting and reinsurance. 7 December 2017
Insurance
Travelers Europe has launched a new product it says will provide improved protection against the unique cyber risks facing IT, communications and electronics manufacturing and assembly companies in the UK and Ireland. 4 January 2018
Insurance
Re/insurance legacy specialist Compre has provided a legacy solution to a portfolio of AXA Insurance, a unit based in Switzerland that was formerly called Winterthur Swiss Insurance Company. 4 September 2017
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