News

Insurance

PartnerRe’s non-life unit drives solid growth; investments boost profits in Q1 2019 results

PartnerRe enjoyed solid growth and a big increase in profits in the first quarter of 2019 driven largely by net unrealized investments gains - but the Bermuda reinsurer’s CEO also highlighted improvements in the pricing environment.   16 May 2019

Insurance

Why construction companies need to listen to insurers

There is increasing interest among insurers in getting contractors as well as developers to buy in to the inclusion of leak detection systems in building projects. Intelligent Insurer reports.   16 May 2019

Insurance

Munich Re enters global telematics partnership with The Floow

German reinsurer Munich Re has entered into a global partnership with UK-based data analytics and telematics provider The Floow.   15 May 2019

Alternative Risk Transfer

Risk trading insurtech AkinovA secures Bermuda's first regulatory sandbox licence

AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has received the first insurance regulatory sandbox licence from the Bermuda Monetary Authority (BMA).   15 May 2019

Insurance

Ryan Specialty hires Chubb's senior manager for CorRisk

CorRisk Solutions, a part of Ryan Specialty Group (RSG), has hired Donna Belvedere to lead its professional liability team, based in New York.   15 May 2019

Insurance

Argo makes new plea to investors; stresses board was set to shrink regardless of Voce

Amid the ongoing dispute with activist shareholder Voce Capital Management, Argo Group has made another plea for investors to back its nominees ahead of its Annual Meeting of Shareholders while also clarifying that a reduction in the size of its board was a pre-planned move and not one prompted by the pressure being applied by Voce.   14 May 2019

Insurance

PartnerRe completes second longevity transaction with Manulife

PartnerRe has completed a second transaction with The Manufacturers Life Insurance Company (Manulife) to reinsure longevity risk for an in-force block of Canadian individual payout annuities.   14 May 2019

Insurance

Regtech firm REG secures £2.4m funding for expansion

London-based regtech firm REG, which provides technology-driven risk management solutions for the general insurance industry, has secured £2.4 million in its latest funding round.   14 May 2019

Insurance

AXIS teams up with cyber security start-up accelerator CyLon

Bermuda-based AXIS Capital Holdings has partnered with cyber security start-up accelerator CyLon to help companies mitigate their cyber risks.   14 May 2019

Insurance

BPL Global hires Marsh SVP to bolster US presence

Specialist credit and political risk insurance broker BPL Global has appointed Donnie DiCarlo as executive vice president. He joins after 10 years as senior vice president of Marsh’s credit specialities group.   14 May 2019

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