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New investors pump funding into insurtech unicorn with ‘largest ever Series A round’
Insurance
New investors pump funding into insurtech unicorn with ‘largest ever Series A round’
Investors believe the start-up is ‘poised’ to disrupt the insurance industry with its game-changing models and technology.   21 September 2021
Insurtech start-up Ascend bags $250m financing offer from HSCM Bermuda
Insurance
Insurtech start-up Ascend bags $250m financing offer from HSCM Bermuda
Ascend will use the funds to boost its modern insurance payment offering.   1 February 2022
Insurance
QBE sells North America business for $90m
Insurer QBE has agreed to sell its mortgage and lender services business in North America to National General for $90 million.   17 July 2015
Insurance
CFC's 'futuristic' Syndicate 1988 attracts heavyweight third-party capital
CFC Syndicate 1988 has incepted and started trading at Lloyd's of London.   21 June 2021
Insurance
COVID-19 insured losses could reach staggering $80bn in 'severe' scenario: WTW
Willis believes that some sort of government backstop to address future pandemic risk is needed.   1 May 2020
Insurance
Ethos Specialty hires former Argo exec to lead casualty and product innovation
The appointment has formerly served at Argo, AIG and Aspen.   14 June 2021
Insurance
Global reinsurers can grab 2022 revenue growth on main line pricing, but renewal talks look ‘difficult’
Reinsurers may fear nat cat underpricing to the tune of 35 to 50 percent.   3 November 2021
News
Nephila-backed MGA Volante secures $900m capacity treaty deal
Volante Global, a new Nephila-backed managing general agent (MGA) platform, has secured a $900 million gross premium, multi-class, multi-territory A+ capacity treaty agreement.   14 June 2018
Insurance
Chaucer appoints China Re P&C exec Dr Zuo Huiqiang as new non exec
Specialty re/insurer Chaucer has appointed Dr Zuo Huiqiang, the deputy general manager of China Re P&C, as a non-executive director of Chaucer Syndicates, the group’s Lloyd’s managing agency.   20 March 2019
Insurance
QBE reshuffles roles; CIO resigns
QBE Insurance is aligning its technology and transformation teams under one business unit within its Australian and New Zealand Operations (ANZO), resulting in the creation of new roles and the redundancy of a senior executive.   19 March 2018

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