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Maiden Holdings’ board of directors has retained BofA Merrill Lynch to assist the company in evaluating strategic alternatives to enhance the value of the enterprise. 9 April 2018
Insurance
The total transaction volume of insurtech merger and acquisitions (M&As) in Asia hit $460 million in 2017, more than three times that of 2016, as industry incumbents and new entrants to the market pushed towards greater digitalization, according to the fourth Quarterly InsurTech Briefing from Willis Towers Watson. 9 April 2018
Insurance
Bermuda-based property and casualty re/insurer Sompo International has appointed Jonathan Monks and Ben Tasse to strengthen broker/agent relations, business development strategies and interactions with key US distribution markets. 9 April 2018
Insurance
XL Catlin has enlisted California-based insurtech analytics company Praedicat to help address changing liability insurance needs using its emerging risk models and software for casualty insurance. 9 April 2018
Insurance
Insurtech startup Wrisk, which is backed by firms like Munich Re, Hiscox and QIC, has made leadership appointments following its latest funding round that is said to have surpassed its target of £500,000 in under five days. 9 April 2018
Insurance
TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, has made a series of appointments in North America, Latin America & Caribbean and Hong Kong. 9 April 2018
Insurance
Gary Shaughnessy, Zurich Insurance Group’s CEO Europe, Middle East & Africa (EMEA) is stepping down from his role and as a member of Zurich’s executive committee in the fourth quarter of 2018. 5 April 2018
Insurance
Dual's Italian business is in talks to acquire 100 percent of managing general agency Synkronos Italia's share capital. 5 April 2018
Insurance
A series of winter storms in the US have caused a total combined economic damage of around $3 billion, according to Aon Benfield estimates. 5 April 2018
Insurance
Re/insurance broker UIB has launched a retail broking business in Colombia to be headed by Yolanda Guerra as chief executive officer. 5 April 2018
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