News
Insurance
Coverys Syndicate 1975 has received approval from Lloyd’s to begin underwriting business with effect from Jan. 1, 2018. 19 December 2017
Insurance
Germany-based insurance group Allianz is consolidating its European direct business by establishing a new pan-European risk carrier and has appointed Bart Schlatmann CEO of this operation. 31 August 2018
Insurance
Lloyd’s said that after taking specialist advice it believes that Lloyd’s underwriters are well positioned to write Canadian cannabis business subject to compliance with local Canadian requirements. 31 August 2018
Alternative Risk Transfer
PGGM, the Dutch pension fund manager overseeing assets of nearly €200 billion ($248 billion), is looking to increase its allocation to insurance-linked securities (ILS), according to a Jan. 26 Reuters report. 29 January 2018
Insurance
UK’s reinsurance scheme Flood Re is reducing the reinsurance premiums it charges to insurers from Jan. 1, 2019. 1 October 2018
Insurance
Bermuda-based Sirius International Insurance Group has highlighted the growth opportunities the firm faces as it revealed its merger agreement with special purpose acquisition firm Easterly Acquisition which will result in Sirius becoming a publicly listed company. 26 June 2018
Insurance
Validus Holdings unit Talbot Underwriting has hired from Zurich Insurance and Ironshore as it expands the global political risk and credit operations. 3 May 2018
Insurance
Startups driven by technology are set to revolutionise insurance, and in cyber the change is needed sooner rather than later, Oliver Brew of CyberCube told Monte Carlo Today. 10 September 2019
Insurance
UK-based insurer Aviva said on May 25 that it will start a share buy-back of its ordinary shares for up to a maximum consideration of £300 million. 25 May 2017
News
US property/casualty reinsurers enjoyed growth in their gross written premiums in the first six months of the year, according to a survey of 18 reinsurers’ statutory underwriting results conducted by the Reinsurance Association of America (RAA). 22 August 2017
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