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Insurance
App-based insurtech managing general agent (MGA) Wrisk has received full authorisation from the Financial Conduct Authority (FCA). 6 December 2017
Insurance
Swiss Re is acquiring 1.1 million life insurance policies from UK financial service provider Legal & General Group for £650 million. 6 December 2017
Insurance
The US Federal Emergency Management Agency (FEMA) is submitting a claim to recover the full $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program. 6 December 2017
Insurance
Asta, a third party managing agent at Lloyd’s, has appointed its chief actuary Richard Barke to serve on its Lloyd’s managing agency board, subject to regulatory approval. 6 December 2017
Insurance
A flurry of wildfires torched more than 65,000 acres in Southern California and are likely to have destroyed hundreds of buildings, according to news reports. 6 December 2017
Insurance
Australia’s QBE Insurance Group has partnered with London-based artificial intelligence startup Cytora. 6 December 2017
Insurance
UK car insurer Sabre Insurance Group is pricing its equity in a planned initial public offering at 230 pence per ordinary share, suggesting a market capitalisation of the company of £575 million. 6 December 2017
Insurance
Specialist re/insurance broker THB has appointed Declan Durkan as commercial and placement director for its combined fleet and commercial operation in the UK. 6 December 2017
Insurance
Allied World Assurance Company Holdings has appointed Iain MacLeod as senior vice president, country manager for Australia. 6 December 2017
Insurance
Getsafe insurance started operating in Germany offering a fully-digital product covering property/casualty, life and health risks in a single solution. 5 December 2017
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