News
Insurance
Parent company Nest Investments Holdings (Nest) will pay $130 million replacement funds to Bahrain-based re/insurer Trust International Insurance & Reinsurance Company (Trust Re) this year to shore up the firm’s future after it was hit with a credit downgrade last year. 1 July 2019
Insurance
Cloud-based digital insurance platform Instanda has launched an MGA startup service, called IMGA, to provide the technical capabilities needed to manage and run a new MGA. 1 July 2019
Technology
Cyber insurance started small but is growing strongly and quickly, according to a new report from Moody’s Investors Service. Intelligent Insurer investigates. 3 September 2019
Insurance
Bermuda re/insurer Sompo International has secured regulatory approvals from the Ministry of Finance of Luxembourg to establish a new subsidiary in the country – a move it made to deal with the UK leaving the European Union. 23 April 2018
Insurance
Looking ahead, Gallagher said it is ‘committed to working in partnership with the market to cultivate a positive, diverse and inclusive insurance industry’. 14 November 2019
Insurance
According to a new report by Fitch Ratings, the excess and surplus (E&S) lines market in the US grew 15 percent in the first half of 2019 - a trend it says will continue in the near future. 30 September 2019
Insurance
Lloyd’s insurer Argo International has launched a contingency business line with the appointment of David Boyle as contingency underwriter. 14 November 2014
Insurance
US insurer FedNat has entered into a "cooperation agreement" with its third largest shareholder Capital Returns Management in response to legal proceedings filed by the activist investor, and agreed to add two new directors to its board as part of the deal. 13 August 2019
Insurance
Global Risk Partners (GRP) has acquired Shearwater Insurance Services, a insurance broker based in Waltham Cross, Hertfordshire. 19 February 2019
Insurance
Lloyd’s managing general agent (MGA) Northcourt has launched a new nuclear liability insurance facility bringing additional capacity to the nuclear insurance market. 9 February 2015
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