News
Insurance
Bermuda-based PartnerRe posted a first-quarter 2018 net loss attributable to common shareholder of $120 million after a net income of $38 million for the same period of 2017 25 May 2018
Alternative Risk Transfer
TigerRisk Capital Markets & Advisory (TCMA), the insurance-focused investment banking subsidiary of TigerRisk Partners has created Panthera Re to facilitate access to third-party capital investors for insurance and reinsurance clients. 24 May 2018
Insurance
Former Zurich head of financial lines Markus Haefeli and former Zurich head of financial institutions financial lines, Peter Schroeder, have launched Haefeli & Schroeder, an insurance broker specialising in financial lines. 24 May 2018
Insurance
Specialty re/insurer Canopius has appointed Stephan Ott as its new head for Continental Europe, reinsurance. 24 May 2018
Insurance
French insurer AXA and car-hailing app Uber have partnered to offer benefits to all Uber’s independent partner drivers and couriers in Europe. 23 May 2018
Insurance
Taking into consideration a Deutsche Bank valuation of AmTrust Financial Services, the insurer’s shares should be worth between $26.06 and $31.86, and not the $13.50 that is being offered to take the company private, billionaire investor Carl Icahn argued in a May 23 presentation. 23 May 2018
Insurance
Millstream Underwriting, part of specialty managing general agent Nexus Group has become an approved Lloyd’s coverholder. 23 May 2018
Insurance
The insurance sector has been hoping that the European Union’s General Data Protection Regulation (GDPR) would boost the demand for cyber insurance as the cover has largely been sold as protection against data breaches. But how the market will be affected will depend on the severity of the enforcement actions taken by the EU and UK supervisory authorities, says Alex Jomaa, cyber underwriter at Tokio Marine Kiln. 23 May 2018
Insurance
Specialist re/insurance market Lloyd’s of London has received licence approval from the National Bank of Belgium for its EU subsidiary Lloyd’s Insurance Company. 23 May 2018
Insurance
Insurtech investment volume jumped 155 percent year on year to $724 million in the first quarter of 2018, according to research by Willis Towers Watson. 23 May 2018
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