News
Insurance
Azur, a managing digital agent (MGA), has completed its series B funding round, raising £13.3m of funding and support from AIG, Ascot Group (owned by CPPIB, the Canada Pension Plan Investment Board), Hyperion Insurance Group and the serial fintech angel and entrepreneur Richard Little. 23 October 2018
Insurance
Bermuda-based Sirius Group has unveiled key strategic changes, including forming a new management committee, to streamline its global operating structure and enhance focus on its core underwriting business. 30 August 2019
Insurance
Insurtech CEO and trade association have welcomed measures that will support R&D. 12 March 2020
Insurance
An ‘exercise in discipline’ is needed against a backdrop of low investment returns. 17 September 2020
Insurance
Berkshire Hathaway should buy insurance giant AIG, which has recorded a $3 billion loss for the fourth quarter of 2016, prompting the CEO to resign, analysts at Keefe, Bruyette & Woods (KBW) suggested in a March 10 research note. 13 March 2017
Insurance
Specialty insurance group Tokio Marine HCC has hired senior Chubb and Euler Hermes executives to expand its international surety capabilities into Continental Europe. The company believes the region has experienced high demand and an increase in capacity providers in the last five years. 18 July 2019
Insurance
Global Risk Partners (GRP), an insurance broking and managing general agent investment vehicle, has funded the acquisition of Northern Ireland-based commercial and personal lines broker McGrady by Abbey Bond Lovis (ABL). 4 May 2016
News
Reinsurer General Reinsurance has promoted Martin Hacala to the role of global claims manager. In addition, Ron Lepinskas has joined Gen Re Claims as global casualty lines manager, and Geoff Piggot has assumed responsibility for global property lines. 20 March 2014
Insurance
Bermuda-based Everest Re Group has launched a new transportation and logistics business segment within Everest Insurance, led by Jeff Engelbrecht. 25 June 2018
Insurance
Bermuda-based Blue Capital Reinsurance Holdings reported an increase in its profits for the third quarter of the year. 3 November 2015
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