News
Insurance
Enstar Group-owned Lloyd’s managing agency, StarStone Underwriting has finalised a reinsurance-to-close transaction with Neon Underwriting, according to a Feb. 16 press release. 19 February 2018
Insurance
Bermuda-based Randall & Quilter (R&Q) has completed a transaction providing capital to support the reinsurance to close (RITC) of Hamilton Underwriting’s Syndicate 3334’s 2014 and prior years of account. 19 February 2018
News
French reinsurer SCOR wants to grow its property/casualty portfolio in the US, particularly casualty business. But, stung by the mistakes of the past, it is proceeding with caution, Victor Peignet, CEO of SCOR Global P&C, told Intelligent Insurer. 19 February 2018
Insurance
Third party capital can help reinsurers lower the cost of capital and therefore coverage and this should be seen as an attractive business opportunity, according to AXIS Capital CEO Albert Benchimol. 16 February 2018
Insurance
Despite seeing cybersecurity as a top risk management priority, a survey finds out that only few senior executives believe in their organization’s ability to mitigate and respond to a cyber event. 16 February 2018
Insurance
Insurance Australia Group (IAG) is reviewing its Asian operations after running out of buying opportunities, according to a Reuters Feb. 14 report. 14 February 2018
Insurance
Nexus Group has acquired Lloyd's coverholder and a specialist directors & officers and financial institutions (DOFI) MGA Apsley Specialty. 13 February 2018
Insurance
Insurance carriers globally could seize $375 billion in new revenue in the next five years by transforming and revitalizing their businesses, according to a new report from consultancy firm Accenture. 13 February 2018
Insurance
Ryan Specialty Group (RSG) has reached a definitive agreement to acquire Lodestar Marine, a managing general agent (MGA) in the protection and indemnity (P&I) fixed premium marine market. 13 February 2018
Insurance
Softbank’s communication and technology expertise and network of hi-tech investments would give Swiss Re a competitive advantage as the re/insurance sector adapts to transformational technologies that will over time test its business model, according to Moody’s. 12 February 2018
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