News

Insurance

Arch Insurance invests in UK insurtech MGA Archipelago Risk Services

Arch Insurance International has invested in Archipelago Risk Services (Archipelago), a personal lines managing general agency backed with underwriting capacity from Arch Insurance (UK).   20 March 2019

Insurance

Environmental risks are biggest ESG factors for insurers and reinsurers, especially in Asia-Pacific, Fitch heat map reveals

Environmental risks are the biggest ESG factor for insurers and reinsurers, and Asia-Pacific is the region of most concern.   17 September 2019

Insurance

UK regulator investigates suspected misconduct in aviation broking industry

The UK’s Financial Conduct Authority (FCA) is investigating potential misconduct within the aviation broking industry in the UK.   21 April 2017

Insurance

JLT acquires US trade credit and political risk broker IRC

Broker Jardine Lloyd Thompson Group (JLT) has acquired US-based trade credit and political risk broker International Risk Consultants (IRC) to further strengthen its US specialty business.   1 March 2018

Insurance

Legacy insurer DARAG acquires Italian non-life portfolio from DONAU

European legacy acquirer DARAG Group has purchased a portfolio of Italian non-life business, consisting primarily of motor third party liability from DONAU Versicherung.   22 January 2019

Insurance

Thai Floods the turning point for understanding risk

David Masters, director at S&P Global Ratings, traces the increasing regionalisation of pricing back to the Thai floods of 2011.   12 September 2019

Insurance

Willis Towers Watson partners with Sompo to launch insurance platform for middle market real estate companies

Broker Willis Towers Watson (WTW) has entered into a strategic partnership with Sompo Global Risk Solutions (GRS), a part of Bermuda-based re/insurer Sompo International Holdings, to create an integrated insurance platform for the middle market commercial real estate segment.   12 September 2019

Insurance

Talanx acquires Liberty Mutual's Turkish unit

The Germany-based group Talanx is acquiring 99.4 percent of the shares in Liberty Sigorta, the Turkish non-life subsidiary of US-based Liberty Mutual Group.   23 January 2018

Insurance

California’s Thomas Fire insured losses at up to $2.5bn

The Thomas Fire that affected the Southern California counties of Ventura and Santa Barbara in December 2017 has caused insured losses of between $1 billion and $2.5 billion, according to estimates by data analytics firm RMS.   23 January 2018

Insurance

Liberty appoints new global financial risks manager for Asia

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has promoted Chris Sawyer to the role of manager, global financial risks (GFR) for the Asia-Pacific region.   23 January 2018

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