News

Insurance

Tesla to enter insurance market, promising to undercut rivals

Electric car maker Tesla has entered the insurance market, and some commentators have said it seems like a smart move.   4 September 2019

Insurance

Aon invests in insurtech CoverWallet, unveils commercial partnership for SMEs

Re/insurance broker Aon has entered into a commercial partnership with insurtech start-up CoverWallet, an online platform helping small businesses to understand, buy and manage insurance, in Australia.   31 May 2019

Insurance

MGA Nexus eyes new hires and lines of business in Asia

The ‘mammoth’ markets of China and India are evolving at a phenomenal pace.   3 November 2020

Insurance

Fitch Ratings: profitability at peak in 2019 for US title insurers

The prospect of higher interest rates may curb refinancing activity.   22 November 2019

Insurance

HDI Global Specialty appoints new head of aviation and space from Neon

HDI Global Specialty SE, a new specialty lines insurer created from merging the specialty lines activities of Hannover Re and HDI Global, has recruited Martin Jackson as head of aviation and space, replacing Tim Slade.   20 May 2019

Insurance

Europeans spending more on insurance: Insurance Europe

Europeans are spending more on insurance, according to the latest key facts publication from trade body Insurance Europe (IE).   2 October 2019

Insurance

GoldenTree's Star Insurance buys Syncora Guarantee for $392.5m

Bermuda-based Syncora Holdings has entered into an agreement to sell its New York financial guarantee insurance subsidiary to Star Insurance Holdings, a part of GoldenTree Asset Management, for $392.5 million in cash.   16 August 2019

Insurance

Canada's Intact to buy specialty insurer and MGA from Princeton Holdings for C$1bn

Canadian property and casualty insurer Intact Financial Corporation has entered into a definitive agreement with Princeton Holdings to acquire The Guarantee Company of North America, a specialty lines insurer in Canada and the US, and Frank Cowan Company, a managing general agent (MGA) focused on specialty insurance, for approximately C$1 billion ($750 million) in cash.   16 August 2019

Insurance

Markel hires war and terrorism underwriter from AXIS

Specialist insurer Markel International has hired Tom Simpson as war and terrorism underwriter from AXIS.   6 August 2018

Alternative Risk Transfer

Aon Securities hires JLT Capital Markets co-heads in ILS growth strategy

Aon Securities, the investment banking division of re/insurance broker Aon, has made two new strategic hires to help drive growth and innovation within its capital markets function.   11 June 2019

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