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Insurance
General insurers face rising operating costs in UK
General insurers in the UK are general face higher operating costs due to IT investments, ongoing regulatory changes and a marked increase in headcount and training, according to the latest CBI/PwC financial services survey.   27 March 2018
Insurance
Starr partners with insurtech SkyWatch for drone insurance
Insurance firm Starr Companies has signed an agreement with insurtech startup SkyWatch to offer usage-based insurance to the drone industry.   27 March 2018
Insurance
Assurant in $900m capital raise to seal Warranty Group deal
US-based Assurant, a provider of risk management solutions, will move closer to completing its acquisition of The Warranty Group, a provider of protection plans, for some $2.5 billion if it succeeds in completing a $900 million senior debt sale this week.   27 March 2018
Insurance
Insurtech startup Equipsme gets ex-Dual exec Kilpatrick's backing
Russell Kilpatrick, the former director and founding executive chairman of Dual Corporate Risks, has invested in insurtech startup Equipsme.   26 March 2018
Insurance
HDI to expand abroad despite 2017 nat cat hit
HDI Global, the industrial insurer of the Talanx group, wants to expand outside its home base Germany despite a significant drop in profits in 2017 due to natural catastrophes.   26 March 2018
Insurance
US extends flood programme NFIP until July
The US congress has passed a short-term extension to the National Flood Insurance Program (NFIP) until July 31.   26 March 2018
Insurance
Willis Towers Watson expands role of Asia CRB head
Broker Willis Towers Watson has appointed Simon Weaver as the leader of corporate risk & broking (CRB) for Asia and Australasia to accelerate growth in the region.   26 March 2018
Insurance
Blockchain-based B3i incorporates in Zurich ahead of funding round
The founders of the Blockchain Insurance Industry Initiative (B3i) have launched B3i Services in Zurich, Switzerland.   26 March 2018
Insurance
IAT Insurance acquires casualty renewal rights from State Auto
IAT Insurance Group is acquiring the renewal rights and certain associated assets for a book of surplus lines excess and umbrella insurance business from Rockhill Insurance Group, a subsidiary of State Auto Mutual Insurance Company.   26 March 2018
Alternative Risk Transfer
Essent Group unveils $424.4m ILS deal
Bermuda-based mortgage insurance provider Essent Group has closed a $424.4 million reinsurance transaction and related mortgage insurance-linked notes offering.   26 March 2018

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