News
Insurance
Insurance service provider Davies Group has acquired Veriphy, a specialist KYC (know your customer) and AML (anti money laundering) compliance solutions SaaS (software as a service) business. 2 November 2018
Insurance
Gibraltar based MGA, Pukka Insure has launched a new private car offering backed by QIC Europe. 2 November 2018
Insurance
After selling the claims business of Direct Group for £36 million earlier this month, UK intermediary Ardonagh Group has revealed that it is selling its commercial managing general agency (MGA) businesses to Arch UK Holdings for up to £31 million. 1 November 2018
Insurance
Specialty re/insurer Canopius has appointed Gabrielle Folliard as head of claims from Markel International. 1 November 2018
Alternative Risk Transfer
Alternative capital will play an increasing part in Asia-Pacific as data improves, Matt Cannock, managing director for Asia at Markel, told SIRC Today. 31 October 2018
Insurance
Attracting and retaining the best talent, and general talent management, are considered to be among the biggest issues on the agenda of re/insurers who operate in Asia-Pacific markets. 31 October 2018
Insurance
Bermuda-based RenaissanceRe Holdings has agreed to acquire its competitor Tokio Millennium Re (TMR) for approximately $1.5 billion from its parent company Tokio Marine Holdings. 31 October 2018
News
Challenging market conditions and a renewed focus on building its primary insurance business have resulted in Tokio Marine Holdings taking the decision to divest its reinsurance operations in a $1.5 billion sale to specialist Bermuda reinsurer RenaissanceRe Holdings, which is scaling up its business. 31 October 2018
Insurance
The continued pressure on rates despite recent losses seems to dominate re/insurers’ concerns ahead of renewals. 30 October 2018
Insurance
The key to unlocking Asia-Pacific is product expertise that responds to clients’ needs—as opposed to targeting growth in a specific region, says Stuart Beatty of RKH Specialty Asia. 30 October 2018
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