News
Insurance
Liberty Specialty Markets (LSM) has rebranded its reinsurance division as Liberty Mutual Re and launched a reinsurance operation in Italy for the first time. 3 July 2018
Insurance
Momentum for rate increases on loss-free reinsurance accounts dissipated during the June/July property catastrophe renewals, and in some cases, pricing declined, according to Willis Re. 2 July 2018
Insurance
European run-off insurance company DARAG has appointed Tom Booth as its new group CEO. 2 July 2018
Insurance
Windward, an Israel-based maritime risk analytics start-up, has raised $16.5 million in Series C funding led by re/insurer XL Catlin-backed insurtech fund XL Innovate. 2 July 2018
Insurance
Specialist Lloyd's insurer Neon has launched Orca Insurance Agency, a Lloyd’s approved coverholder that will underwrite on behalf of Neon Syndicate 2468. 2 July 2018
Insurance
McLarens, a global loss adjuster specialising in complex, commercial and niche markets, has expanded its Asia Pacific footprint with the opening of a new office in Kuala Lumpur, Malaysia. 2 July 2018
Insurance
Flood Re is reducing the premiums it charges to insurers from the start of 2019. 2 July 2018
Insurance
UK-based life insurer Prudential has filed for a potential listing of its Malaysian unit as the insurer explores options to reduce its stake in the business, Bloomberg News reported citing “people with knowledge of the matter.” 2 July 2018
Insurance
Specialty re/insurer Brit has appointed Mark Richards as senior vice president, general liability for Brit Global Specialty USA (BGSU). He joins from Navigators Group. 2 July 2018
Insurance
Insurance group Ageas has received the approval of the National Bank of Belgium (NBB) to organise and operate reinsurance activities. 2 July 2018
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