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Advent Solutions Management (Advent), a specialist provider of support services for start-ups, entrepreneurs and managing general agents (MGAs), has unveiled plans to create a multi-discipline insurance business with gross assets of $100 million. 19 April 2016
Insurance
AM Best has revised the outlooks to negative from stable of AXIS Capital Holdings and its operating subsidiaries, according to a Feb. 16 press release. 19 February 2018
Insurance
The Florida Office of Insurance Regulation (Office), Florida Department of Financial Services (DFS), and the Florida Office of the Attorney General (AG) have signed a national life claims settlement concerning the one-sided use of the Social Security Administration’s Death Master File (DMF) to stop paying a deceased person’s annuity. 5 August 2016
Insurance
John Gauthier, Allied World Assurance Company's chief investment officer (CIO) and executive vice president, has left the company, it has been revealed. 2 February 2017
Risk Management
Recent events from the COVID-19 pandemic to climate change and cyber risks have elevated the importance of risk management within corporations. FERMA president Dirk Wegener outlines the way forward. 15 November 2021
Insurance
Delta Insurance Singapore, a cyber, technology and financial lines Lloyd’s coverholder in Singapore, has launched an online financial lines insurance platform. 23 November 2017
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
Voce Capital Management, the activist shareholder pushing for change in Argo Group partly by seeking to install a number of independent directors to its board, has launched a new website designed to communicate with other shareholders. 8 March 2019
News
Another proxy firm has recommended that PartnerRe shareholders vote against three proposals relating to the Axis transaction, during the company’s special general meeting. 28 July 2015
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
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