News
Alternative Risk Transfer
The first quarter of 2018 was the strongest quarter in terms of insurance-linked securities (ILS) issuance since 2009 despite significant catastrophe losses in 2017 from hurricanes Harvey, Irma and Maria, according to the September edition of the Bermuda ILS Market Report. 3 October 2018
Insurance
Broker Marsh is developing what it describes as the first blockchain-based verification solution for clients in the sharing and gig economies, in partnership with Evident. 3 October 2018
Insurance
AXIS Capital Holdings has appointed Anne Kelly as global head of ceded reinsurance, effective Sept. 4, 2018. 13 August 2018
Insurance
Specialty insurer StarStone has launched a new casualty consortium targeted at the Australian and New Zealand markets. 13 August 2018
Insurance
Private equity-backed Kingsbridge Group, a UK-based provider of specialist insurance services to contractors, freelancers and the recruitment and utilities industries, has acquired insurtech company Dinghy. 7 January 2019
Insurance
UK terrorism mutual reinsurer Pool Re will no longer offer its members reinsurance coverage for contingency cover they provide to their insureds because sufficient capacity now exists within the commercial insurance and reinsurance markets to cover contingency losses arising from acts of terrorism. 7 January 2019
Insurance
Bermuda-based specialty P&C re/insurer Sompo International Holdings said on Oct. 19 that it has launched a new strategic partnership in Africa to access new markets. 19 October 2017
Insurance
Commercial property insurer FM Global has made key changes to its management team, moving leaders within the company into new roles in Europe and Asia. 28 July 2017
Insurance
Bermuda-based AXIS Capital Holdings said on Oct. 18 that Novae will adopt the AXIS brand and its insurance business will be merged into AXIS’ international insurance division, led by its CEO, Mark Gregory, who reports to Pete Wilson, CEO of AXIS Insurance. 18 October 2017
Insurance
Indio Technologies, an insurtech company that streamlines the business insurance application process, has secured $20 million in Series B funding led by Menlo Ventures, with participation from 8VC. 3 May 2019
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