News
News
NewRe, a wholly owned subsidiary of Munich Re, has appointed Artur Klinger as new chief underwriting officer for the property and casualty business. 3 September 2018
Insurance
Global specialist insurer Hiscox is introducing a customer messaging solution from Boston, Massachusetts-based insurtech firm Hi Marley for AI-powered claims handling communications. 3 September 2018
Insurance
New York-based multi-line regional property and casualty insurer Kingstone has partnered with California-based home telematics company Roost. 3 September 2018
Insurance
Talbot Underwriting, a subsidiary of AIG (previously Validus Holdings) which operates within the Lloyd's Insurance Market through Syndicate 1183, has hired Shawn Foreman for global accident & health (A&H) team as class underwriter, based in London. 3 September 2018
Alternative Risk Transfer
Markel Corporation is to acquire Nephila Holdings in a deal that will create an entity with assets under management between Nephila and Markel CATCo of some $19 billion. 31 August 2018
Insurance
AM Best has placed the financial strength rating and the long-term issuer credit ratings (ICRs) for Maiden Reinsurance, and its affiliate Maiden Reinsurance North America under review with negative implications following the announcement that the renewal rights for its US diversified business were being sold to TransRe. 31 August 2018
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
Bermuda-based Sirius International Insurance Group has entered into equity subscription agreements with affiliated funds of Gallatin Point Capital, The Carlyle Group, Centerbridge Partners, and Bain Capital Credit. 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
Insurance
Bermuda-based PartnerRe has appointed Brian Dowd to succeed John Elkann as chairman of the company’s board of directors alongside several other leadership changes. 31 August 2018
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