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IGI’s Jabsheh praises 2018 results ‘solid performance’ as net profit up 237%
Insurance
International General Insurance Holdings chief executive officer Wasef Jabsheh lauded the insurer’s “solid performance” as the company's net profits rose substantially in 2018.   25 March 2019
RenRe closes $1.5bn Tokio Millennium Re acquisition; AM Best removes reinsurer from 'under review'
Insurance
Bermuda-based RenaissanceRe Holdings (RenRe) has completed the acquisition of Tokio Millennium Re (TMR) following the receipt of all necessary regulatory approvals.   25 March 2019
Campaigners could force 1,300 insurers to reveal fossil fuel deals
Insurance
A petition, signed by 60 organisations, has called for more than 1,300 insurance companies that do business in California to disclose the fossil fuel projects they insure and invest in.   22 March 2019
Insurance
Sherpa, a UK insurtech startup, said it is the “first to use AI” to offer a fully digital, personalised insurance for the self-employed, a fast growing demographic.   22 March 2019
Insurance
Analysts from Keefe, Bruyette & Woods (KBW) said “Florida is still a cash cow for reinsurers”, with demand looking “flat to up”, while “supply looks flat”, following Guy Carpenter's (GC) 2019 Florida Summit.   21 March 2019
Insurance
A Randall & Quilter Florida-domiciled subsidiary has confirmed a program underwriting partnership with Pronto General Insurance Agency (Pronto).   21 March 2019
Insurance
Claims of an allegedly “highly irregular” loan have emerged during the poaching case brought by Arthur J Gallagher (AJG) against the Ardonagh group, which has prompted references to “industrial espionage” from the claimants.   20 March 2019
News
In its 2019 outlook, Munich Re has unveiled a group profit target of around €2.5bn, saying the reinsurer is “on track” to achieve this.   20 March 2019
Insurance
SCOR has made five appointments including CEO posts, as part of a senior reshuffle that will start coming into effective from 1 April 2019.   20 March 2019
Insurance
Global business insurer Allianz Global Corporate & Specialty (AGCS) has rejigged board level roles and senior leadership responsibilities.   19 March 2019

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