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Bermuda-based specialty re/insurer Aspen is expecting significant rate increases of up to 20 percent in some business areas. 20 November 2017
Insurance
Africa’s $6.8 billion reinsurance market is expected to recover markedly in 2018 with executives bullish about the prospects for their markets, according to annual research report Africa Reinsurance Pulse 2017. 16 October 2017
Insurance
Castel Underwriting Agencies, the club-style MGA formation platform, has appointed Mark Posner as its chief operating officer. 12 June 2014
Alternative Risk Transfer
US-based property/casualty insurer Travelers has increased its catastrophe bond coverage to take advantage of the favourable pricing environment while reducing traditional reinsurance purchase, Travelers chief financial officer Jay Benet said during the second quarter 2018 conference call. 23 July 2018
News
SCOR Global P&C will be organised around three business units plus transverse functions, which will all cooperate for clients’ benefit, according to a corporate presentation. 5 September 2018
Insurance
Insurance firm Starr Companies has promoted Richard Bessinger to chief underwriting officer. 27 June 2017
Insurance
The insurance industry needs to become more diverse if it’s to avoid being left behind by the rest of the economy, according to a panel discussion at the Intelligent InsurTECH Europe 2018 conference in London today. 15 October 2018
Insurance
Insurtech startup CoverWallet has closed an $18.5 million series B funding round led by Foundation Capital with participation from existing investors Union Square Ventures, Index Ventures, CV Starr, and Two Sigma Ventures. 16 October 2017
Insurance
Mergers and acquisitions grew 9 percent in the global insurance sector in 2018 as insurers looked to increase their access to customers and innovation, and benefit from greater scale, according to a Clyde & Co report out today (Monday 11 February). 11 February 2019
Insurance
Specialty insurer and reinsurer Brit Insurance will be valued at a market capitalisation of £960 million when it completes its anticipated initial public offering (IPO) set for the first week in April. 28 March 2014
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