News
Insurance
Specialty insurer StarStone, whose parent company Enstar dropped plans to pursue its sale in September, has decided to sell some of its portfolio to Dubai-based firm Elseco. 31 January 2019
Alternative Risk Transfer
The insurance-linked securities (ILS) market has reacted in an orderly manner after the 2017 catastrophe losses, paying claims and reloading, and it doesn’t have to prove itself any more, Aon Securities CEO Paul Schultz suggested in a conversation with Monte Carlo Today. 11 September 2018
Insurance
Centene Corporation and WellCare, two big players in the US government-sponsored health insurance programme, have announced that they are merging in a deal worth $17.3 billion. 28 March 2019
Insurance
An uptick in mergers and acquisitions (M&A) is accelerating a trend whereby the traditional re/insurance value chain is being replaced by a broader risk ecosystem with less defined boundaries between players, Victor Peignet, CEO of SCOR Global P&C, told Monte Carlo Today. 10 September 2018
Insurance
American International Group (AIG) has expanded its presence in the pension risk transfer market after reaching agreements on the two largest plan termination transactions of 2017. 29 May 2018
Insurance
Ban Ki-moon, the United Nations (UN) secretary-general, is set to deliver an opening keynote address at the UN insurance sector summit, taking place today, June 17, 2015. 17 June 2015
Insurance
New York-based Oscar Health, a technology-focused health insurance company, has secured $165 million to fuel its next phase of growth. 4 April 2018
Insurance
Insurance and investment firm Starr Companies which is headed by Maurice Greenberg, has discontinued underwriting new business through the Starr Singapore Underwriting Agents representing its Lloyds Syndicate 1919. 8 November 2017
Insurance
The producer of a planned Gregg Allman biopic film has filed a lawsuit with Los Angeles Superior Court accusing New York Marine and General Insurance of allegedly refusing to pay more than $1.6 million in losses stemming from a deadly on-set accident. 18 August 2014
Insurance
Bermuda-based American Overseas Group has appointed Patricia Ryan as executive vice president (EVP) and general counsel of the company. 16 May 2014
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