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Sompo secures Luxembourg approval; targets European growth
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
Generali creates new asset manager with $4bn capital led by ex-AllianceBernstein boss
Insurance
Italian insurer Assicurazioni Generali has launched a new asset management company headquartered in New York City that it claims will have a "disruptive revenue model".   21 September 2018
Florence will likely trigger NFIP reinsurers – again
Insurance
Hurricane Florence will likely be an earnings event for the private insurance industry but the National Flood Insurance Program (NFIP) could be hit with heavy losses, potentially resulting in claims for its reinsurers for the second year in a row and its first cat bond being triggered, according to Fitch Ratings.   21 September 2018
Insurance
JLT Specialty USA, a US subsidiary of insurance and reinsurance broker Jardine Lloyd Thompson Group (JLT), has appointed Perry Robinson as senior vice president (SVP).   28 January 2016
Insurance
Lemonade CEO and co-founder Daniel Schreiber believes that the insurer has “turned a corner” as the loss ratio is improving.   20 September 2018
Alternative Risk Transfer
Markel Corporation has hired Hamilton's Brenton Slade as president of Lodgepine Capital Management, its new retrocessional insurance linked securities (ILS) fund based in Bermuda.   19 September 2019
Insurance
Bermuda-based R&Q Investment Holdings, an underwriting management and legacy acquisitions specialist, expects full year 2018 profits to substantially exceed market expectations due to significant legacy acquisitions.   19 September 2018
Insurance
Tracking and monitoring devices have a key part to play – SCOR.   13 December 2019
Insurance
Bermuda-based specialty re/insurer Sompo International is looking to expand its professional liability product and service offerings with the recruitment of Steven Grippo from AIG.   14 March 2019
Insurance
Specialist re/insurance broker BMS Group has appointed Chris DeMuth as senior vice president of BMS Capital Advisory, the company's investment banking division.   2 May 2019

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