News

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

Insurtech Snapsheet secures $29m to expand claims management solutions globally

Chicago-based insurtech Snapsheet, a provider of virtual claims technology for the personal and commercial insurance marketplace, has secured $29 million in Series E funding for global expansion.   20 May 2019

Insurance

Argo unveils Bermuda, international casualty leadership changes

Bermuda specialty re/insurer Argo Group International Holdings has appointed Bill Wharton to head Argo Insurance Bermuda, and Nigel Mortimer to lead its international casualty business.   9 January 2019

Insurance

Liberty Specialty Markets president steps aside, hands over reins to CUO

Liberty Specialty Markets' (LSM) president and global managing director Nick Metcalf has handed over the reins of LSM to Matthew Moore.   16 August 2017

Insurance

AXA receives $1.8bn from US life unit stake sale

AXA has completed a secondary common stock offering of its US life and asset management business Equitable Holdings (EQH) for net proceeds of $1.8 billion.   21 November 2018

Insurance

TransRe merges North America and LatAm units; reshuffles leadership roles

TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, is to merge its North America and Latin America divisions into TransRe Americas as part of its leadership transition.   12 April 2019

Insurance

California wildfires set to impact insurers in Q3

The California wildfires could noticeably impact exposed insurers' third quarter 2018 earnings results, according to Keefe, Bruyette & Woods (KBW) analysts.   30 July 2018

Insurance

AIG appoints China CEO from Mercer

American International Group (AIG) has appointed Lisa Sun as CEO of AIG Insurance Company China.   24 May 2018

Insurance

Mapfre invests €25m in insurtech venture fund

Spanish re/insurer Mapfre is investing €25 million in Alma Mundi Insurtech Fund that focusses on startups in the insurance sector.   21 November 2018

Insurance

Argo appoints interim head of Colony Specialty following retirement

Argo Group US has appointed Gary Grose, Argo Group’s head of marketing and producer management, as the interim head of Colony Specialty, its excess and surplus lines carrier, following the retirement of Ron Vindivich.   8 January 2019

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