News
Insurance
Berlin-based artificial intelligence (AI) powered insurtech start-up omni:us has closed its Series A funding round and secured a total investment of $22.5 million. 30 October 2018
Insurance
XL Group’s insurance segment produced an underwriting loss in the second quarter of 2017 due to higher large loss activity. 1 August 2018
Insurance
London-based FloodFlash, a startup that wants to offer insurance for previously uninsurable flood risk, has raised £1.9 million in seed funding from LocalGlobe, Pentech Ventures and InsurTech Gateway. 1 August 2018
Insurance
Focus is on generating superior returns through its MGA 15 November 2019
Alternative Risk Transfer
The Federal Emergency Management Agency (FEMA) has secured $500 million in reinsurance for its National Flood Insurance Program (NFIP) through capital markets. 1 August 2018
Insurance
Assured Guaranty US Holdings, a subsidiary of financial guaranty insurance company Assured Guaranty, has completed the acquisition of alternative asset management firm BlueMountain Capital Management. 2 October 2019
Insurance
Praedicat’s Reville makes the case for more disciplined underwriting instead. 17 September 2020
Insurance
Prices and conditions slightly improved overall. 5 February 2020
Insurance
The Schinnerer Group, underwriting managers of specialty insurance programmes, has entered into an agreement to acquire US-based International Catastrophe Insurance Managers (ICAT), an underwriter at Lloyd's, from the Paraline Group. 11 August 2017
Insurance
Century Underwriting, the specialist commercial managing general agent (MGA) has been granted Lloyd’s coverholder status; an important development in the firm’s five year diversification plan to become a multi specialist lines MGA. 1 February 2016
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