News

Insurance

MarketScout invests in cyber insurtech start-up Wingman

MarketScout, the electronic insurance exchange and specialty managing general agent (MGA) in the US, has invested in cyber insurtech platform Wingman.   24 April 2019

Insurance

AmTrust sells crop insurance MGA to Tokio Marine's ProAg

Specialty insurer Tokio Marine HCC's crop insurance unit Producers Ag Insurance Group (ProAg) has signed an agreement to acquire Leawood, Kansas-based crop insurance managing general agent (MGA) AmTrust Agriculture Insurance Services (AmTrust Ag).   23 April 2019

Insurance

Talanx, Hannover Re change underwriting policies for coal-based risks

Germany-based Talanx Group and Hannover Re have tightened their underwriting policies to reduce reinsurance cover for coal-based risks.   18 April 2019

Insurance

Generali appoints Martorana as new CEO of asset management arm GIAM

Italian insurer Generali has appointed Francesco Martorana as the new chief executive officer of its asset management arm Generali Insurance Asset Management SpA (GIAM).   18 April 2019

Insurance

Australian 2018 hailstorm insurance losses rise again to A$1.2bn, says ICA

Insurance losses from a hailstorm that hit suburban Sydney and regional communities in New South Wales on 20 December 2018 have grown to A$1.271 billion (US$915 million), the latest figures from the Insurance Council of Australia (ICA) have revealed.   18 April 2019

Insurance

Liberty promotes Silvestre to deputy manager for France

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Emmanuel Silvestre to deputy general manager of its French operation.   18 April 2019

Insurance

BIBA appoints TMK's Alastair Blundell as first general insurance head

The British Insurance Brokers’ Association (BIBA) has appointed Alastair Blundell, formerly head of distribution at Tokio Marine Kiln Group, to a new position of head of general insurance.   17 April 2019

Insurance

Everest Re's Brexit subsidiary launches UK branch in expansion move

Everest Insurance Ireland, dac (EIID), the Dublin-based subsidiary of Everest Re Group, is opening a new branch office in the UK to expand its international capabilities.   16 April 2019

Alternative Risk Transfer

S&P predicts ‘stable to gradual increases’ in European run-off market

S&P has predicted “stable to gradually increasing activity” in the European property casualty run-off market in a report.   15 April 2019

Insurance

Ditch Voce proxy ballot cards, urges Argo ahead of 2019 AGM

Argo has urged its shareholders to ignore voting cards and information they may have received from activist investor Voce Capital Management that could be used to vote out board members and replace them with Voce nominees.   12 April 2019

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