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Brazilian reinsurers Austral Re and Terra Brasis Re to merge
Insurance
Brazilian reinsurers Austral Re and Terra Brasis Re have signed an investment agreement to merge their operations in order to create the second-largest domestic reinsurer in the vast South American country.   17 June 2019
Marine insurers face ‘cocktail of risk’ after Gulf of Oman tanker attacks
Insurance
Attacks on two oil tankers in the Gulf of Oman on Thursday will force insurance underwriters to scrutinise voyages more closely with premium increases for vessels in the region a “near certainty”, an industry expert has said.   14 June 2019
Insurance start-up Sure nabs $12.5m Series B from WR Berkley
Insurance
New York-based insurance start-up Sure has raised an additional $12.5 million in a Series B funding round led by WR Berkley Corporation, bringing its total financing to $23.1 million.   13 June 2019
Insurance
Massachusetts-based insurtech firm Hi Marley has secured $8.7 million Series A funding from early stage venture capital firm True Ventures, with participation from Underscore VC.   13 June 2019
Insurance
Insurtech UK, an alliance of 52 insurtech startups joined by associate members of the insurance industry and service partners, has entered into a partnership with the UK's Department for International Trade (DIT).   12 June 2019
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has expanded its presence in Australia with a new office in Adelaide, and appointed Monica Holland as underwriting manager and casualty manager for South Australia.   12 June 2019
Insurance
Howden, the retail broking arm of Hyperion Insurance Group, has partnered with cyber risk quantification solutions provider Cytegic to automate cyber risk assessment and financial impact analysis across global markets.   12 June 2019
Insurance
Insurer Aviva has appointed Jason Storah as new chief executive of its Canadian business, replacing Colm Holmes.   11 June 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Steve McMurray as new chief financial officer (CFO) with immediate effect.   10 June 2019
Insurance
Brokerslink, a global network of independent brokers, has appointed Tiago Mora as the new regional manager for Middle East and Africa (MEA).   10 June 2019

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