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The shareholders of Bermuda-based Aspen Insurance Holdings have approved the $2.6 billion Aspen acquisition offer by alternative investment manager Apollo. 11 December 2018
Insurance
US-based artificial intelligence (AI) startup Zesty.ai has secured a $13 million investment in its Series A financing round, led by Luxembourg-based private investment fund Blamar. 10 December 2018
Insurance
Zurich has become the first major global insurer to align with United Nation's climate change goals by committing to using 100 percent renewable energy in all global operations by the end of 2022, and to stop writing certain thermal coal and oil sands risks. 26 June 2019
Insurance
Lloyd's has donated £5m to the fund supported by the ABI, BIBA and the London Market Group. 18 May 2020
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The German Association of Public-Law Insurers has appointed Dr Katrin Burkhardt as its general manager. She has also been appointed as managing general agent of Deutsche Rückversicherung. 9 October 2014
Insurance
Profits and gross written premiums (GWP) for Hannover Re Group fell in the second quarter of 2016, largely due to the performance of its property/casualty reinsurance segment, which it stressed was facing challenging market conditions. 4 August 2016
Insurance
Oil Casualty Insurance (OCIL) has entered into an agreement with Iron-Starr Excess Agency (Iron-Starr), a managing general agency (MGA) and Ironshore subsidiary, whereby Iron-Starr will be underwriting certain lines of insurance on behalf of OCIL. 10 June 2016
Insurance
Bluefin Underwriting, the managing general agent (MGA) arm of Bluefin, has expanded its broker development team with the appointment of Jodie Gibbons as broker development executive in the Wales and South West region. 17 May 2016
Alternative Risk Transfer
Arch Capital Group’s US mortgage insurance operation Arch Mortgage Insurance Company (Arch MI) secured $374,460,000 of indemnity reinsurance from Bellemeade Re 2018-1, a special purpose insurer. 19 April 2018
Insurance
Ryan Specialty Group, the global specialty insurance services business based in Chicago, has completed its acquisition of Hunter George & Partners, the specialist managing general agent (MGA) focused on insurance solutions for mergers and acquisitions. 1 February 2016
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