News
Insurance
US-based property/casualty insurer Hanover Insurance Group has hired Allianz Group's Kevin Leach to expand its financial institutions offering. 12 October 2018
Insurance
Bermuda-based Catalina Holdings has closed a $700 million equity capital raise from Apollo, allowing for “much larger transactions” and making Apollo the majority shareholder. 11 October 2018
Insurance
Bermuda-based Maiden Holdings as agreed to sell its US facultative business including its team of specialists to Japan-based Sompo Group. 10 October 2018
Insurance
Andrew Brooks, CEO of Ascot Underwriting, has been appointed the next chairman of the Lloyd’s Market Association (LMA) with effect from Jan.1, 2019. 10 October 2018
Insurance
The profitability of London Market insurers is set to remain under pressure in 2018, according to Fitch Ratings. 10 October 2018
Insurance
US-based property/casualty insurer Travelers has teamed up with Amazon to offer smart home solutions through a digital storefront on the electronic commerce giant. 10 October 2018
Insurance
Allianz Group's specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has strengthened its broker relationships team in the UK with a new hire from AIG and a promotion from within. 10 October 2018
Insurance
Chubb has estimated the net losses in the third quarter of 2018 attributable to natural catastrophes globally at $450 million pre-tax, or $372 million after tax. 10 October 2018
Alternative Risk Transfer
Allianz is targeting an expansion in alternative risk transfer ART) through a new structure and leadership at its corporate solutions unit Allianz Global Corporate & Specialty (AGCS). 9 October 2018
Insurance
Broker Willis Towers Watson has entered into an international insurtech partnership with Plug and Play, a startup accelerator and corporate innovation platform, to access latest technological innovation. 9 October 2018
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