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Allianz has agreed to acquire Sri Lanka's Janashakthi General Insurance (JGIL) for 16.4 billion Sri Lankan rupees (€85.9 million), according to a Feb. 2 press release. 5 February 2018
Insurance
HDI Global Specialty SE, a joint venture of Hannover Re and HDI Global SE, has acquired alternative specialty lines managing general agent (MGA) Svedea to strengthen its position in Sweden. 23 July 2019
Insurance
US P&C rate growth slowed fractionally to 8.7% pace, with commercial property rates picking up: CIAB
Cyber rates skyrocketing to fastest pace of growth for any segment since post 9/11 market hardening. 7 March 2022
Insurance
Investors believe the start-up is ‘poised’ to disrupt the insurance industry with its game-changing models and technology. 21 September 2021
Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has appointed Jerry Probert as underwriting and franchise director. 12 April 2018
Insurance
The appointment is part of the continuing expansion of Carbon’s data analytics expertise. 4 May 2021
Alternative Risk Transfer
Cat bonds have long sported what reinsurers have sought most from the current hard market. 25 July 2023
Insurance
Reinsurers may fear nat cat underpricing to the tune of 35 to 50 percent. 3 November 2021
Insurance
Two London market veterans have launched a new body, the Commonwealth Insurance Forum (CIF), to promote the industry within the 53 countries of the British Commonwealth. 16 September 2019
Insurance
The new hire specialises in construction and engineering lines within the Lloyd’s and international markets. 12 March 2021
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