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Hiscox delivers $168m profit for H1 2019 despite challenging claims, says CEO Masojada
Alternative Risk Transfer
Hiscox has delivered profits in its results for the first six months of 2019 “despite a more challenging claims experience”, said Bronek Masojada, chief executive at the re/insurer.   29 July 2019
London insurance market warned 'turbo charge contingency plans' after Brexit delay vote
Insurance
Last night the UK Parliament voted in favour of requesting an extension to Article 50 and consequently a delay to Brexit beyond the 29 March deadline.   15 March 2019
Risk trading insurtech AkinovA secures Bermuda's first regulatory sandbox licence
Alternative Risk Transfer
AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has received the first insurance regulatory sandbox licence from the Bermuda Monetary Authority (BMA).   15 May 2019
Insurance
UK insurance intermediary Ardonagh Group is acquiring broker Swinton Group from its French parent Covéa Group for a consideration of approximately £165 million.   27 September 2018
Insurance
Law firm DWF is set to open an office in Dubai in response to demand from insurer clients seeking legal advice to support the construction boom in large infrastructure, housing, tourism, and air and port facilities across the Middle East.   11 March 2015
Insurance
Allianz enjoyed a strong first quarter with both revenue and profits increasing sharply driven by its property/casualty segment, which posted strong premium growth, lower claims from natural catastrophes and an improved expense ratio.   14 May 2019
Insurance
Specialist insurer Hiscox has led a $58 million Series D funding round of insurtech CoverHound, with additional investors including Chubb, Aflac Ventures and Japan-based MS&AD.   6 February 2019
Insurance
Enstar is creating a Cayman Islands-licensed insurance company (the Retrocessionaire) as a subsidiary of the group following the retrocession deal with Maiden Holdings.   14 November 2018
News
Broker JLT Re has appointed Russell Walters as a partner to drive its international business expansion in London.   8 June 2015
Insurance
Broker Willis Towers Watson has appointed Maureen Tarantello to head the company's West region, and join its North America leadership team.   4 May 2017

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