News

Insurance

Microinsurance consortium adds ninth member

ASSA Compañía Tenedora is the ninth member joining Blue Marble, a consortium of insurers and reinsurers focused on providing insurance to the 2 billion people around the world facing financial protection gaps.   8 March 2018

Insurance

List of Montpelier suitors could be lengthy as bid speculation mounts

Speculation continues to mount around which two reinsurers will likely join forces next following the already confirmed deals involving XL-Catlin, AXIS Capital-PartnerRe and RenaissanceRe-Platinum Underwriters.   4 March 2015

Insurance

Pay-as-you go insurtech Zego raises $42 million to fund European expansion

London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has raised $42 million Series B funding from investment firm Target Global, with other backers including TransferWise founder Taavet Hinrikus.   19 June 2019

News

Singapore Reinsurers Association unveils executive committee line-up

The Singapore Reinsurers’ Association (SRA) has re-elected Marc Haushofer, chief executive officer Asia Pacific & EVP of Validus Reinsurance Company, as its chairman for another term.   25 June 2018

Alternative Risk Transfer

Reinsurers now ‘own’ alt capital

Alternative capital is here to stay and will remain a big part of cedants’ strategies and business plans going forward—the real question is how they balance that with traditional reinsurance.   9 September 2018

Insurance

Storm Friederike insured losses at up to €2.6bn

Losses due to wind from winter storm Friederike will range between €1.3 billion and €2.6 billion, according to catastrophe modelling firm AIR Worldwide.   26 January 2018

News

Peak Re expands Asian business in H1

Hong Kong-based Peak Reinsurance Company has significantly expanded gross written premium in the first half of 2018 as it expands in Asia.   29 August 2018

Insurance

Allstate pays $525m to acquire InfoArmor

US personal lines insurer Allstate Corporation is acquiring employee identity protection provider InfoArmor for $525 million in an all-cash transaction.   28 August 2018

Insurance

AXIS Re taps Thomas Miller COO for global role

AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has appointed Ann Haugh as president of its global markets division, based in London, and Rob Smart as the head of Specialty Re.   16 October 2018

Insurance

MS Amlin reports £570m loss in 9M

MS Amlin has reported a net loss of ¥84.900 billion (£569 million) for the nine months ended Dec. 31, 2017 after a net profit of ¥18.60 billion in the same period of 2016.   14 February 2018

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