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Insurance
New York-based Assurant has finalised a $1.3 billion 2018 property catastrophe reinsurance programme reducing the company’s financial exposure and protecting 2.9 million homeowners and renters policyholders against severe weather and other hazards.   29 June 2018
London meets the ILS challenge
Alternative Risk Transfer
How has London adapted to become a hub for ILS business, asks Clive O’Connell, partner, head of insurance and reinsurance at McCarthy Denning.   28 June 2018
Reinsurers seek alternative risk pools
News
The reinsurance industry has been disrupted through competition from alternative capital and is now seeking new pools of risk, according to a panel discussion at the 2018 Insurtech Insights June 19 and 20 conference in London.   27 June 2018
Insurance
Spain’s insurance group Mapfre is acquiring full control of the Brazilian non-life and life businesses of its strategic venture with Banco do Brasil for €546 million.   27 June 2018
Insurance
Risk management services firm Hanover Stone Solutions has appointed three senior advisors to its newly-formed strategic planning consulting practice.   27 June 2018
News
Reinsurance broker JLT Re has hired senior executives from RSA and Guy Carpenter to expand JLT FAC, its facultative reinsurance division that focuses on property, construction and casualty.   26 June 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
Italy's Generali Group has increase its stake in the Future Generali insurance ventures in India to 49 percent from 25.5 percent as part of its strategic expansion plan in Asia.   26 June 2018
Insurance
Dutch EXIN Group has settled all pending litigation and disputes with US investor Calamos Family Partners.   26 June 2018
Insurance
Insurance web aggregator PolicyBazaar raised more than $200 million in a new investment round led by the SoftBank Vision Fund.   25 June 2018

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