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Insurance
Broker Towergate has appointed to new non-executive directors to its board including one from the US private equity firm that recently invested in the company. 22 November 2016
Insurance
Broker Towergate Insurance revealed in its third quarter results that it has raised £26 million using a five-year facility secured on certain legacy assets of the group. 22 November 2016
Insurance
Insured losses from the magnitude 7.8 earthquake that struck New Zealand’s South Island on November 14 will be between NZ$1.15 billion ($762 million) and NZ$5.3 billion ($3.5 billion), according to AIR Worldwide. 18 November 2016
Insurance
Reinsurance broking and risk/capital management firm TigerRisk Partners has lured Xuejun Wang from Willis Re to join its Hong Kong subsidiary as chief executive, effective early December. 17 November 2016
Insurance
Uncertainty arising from the status of past deals and Brexit made 2016 pale in comparison to 2015, but most experts are sure this setback is temporary. Intelligent Insurer reports. 16 November 2016
Alternative Risk Transfer
The ILS markets are leading the way in risk transfer in a number of ways and could even help open up brand new opportunities, closing the protection gap in the process, John Seo, co-founding partner of Fermat Capital Management, tells Intelligent Insurer. 16 November 2016
Insurance
Sizable aftershocks of up to magnitude (M) 6.5 have hit New Zealand following the M7.8 earthquake that struck South Island near Hanmer Springs in mid-November. 15 November 2016
Insurance
TigerRisk Partners, a risk/capital management and strategic advisory firm, has appointed Patrick Denzer as a partner. 15 November 2016
Insurance
Broker Marsh has reached an agreement with AXA Group to acquire Bluefin Insurance Group (Bluefin), a broker network and managing general agent business owned, which is a subsidiary of AXA UK. 14 November 2016
Insurance
Insurers and reinsurers are keeping a watchful eye on events in New Zealand after a magnitude 7.8 earthquake struck New Zealand’s South Island just after midnight, local time, on Monday November 15, about 93 km north northeast of Christchurch. 14 November 2016
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