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Insurance

Reinsurer SCOR ‘delivers strong performance’ in 2019 H1 results, says Denis Kessler CEO and chair

The 2019 half year results for French reinsurer SCOR “deliver a strong performance”, according to Denis Kessler, company chairman and CEO.   25 July 2019

Insurance

Insurtech Hippo secures $100m to fund expansion; targets 80% coverage of US

Hippo, a California-based insurtech focused on the home insurance market, has secured $100 million Series D funding to fuel expansion of its footprint in the US.   25 July 2019

Insurance

Australia's PSC Insurance to acquire Lloyd's broker Paragon for an estimated £42m

Australian broker PSC Insurance Group is acquiring 100 percent of the share capital of Lloyd’s and London Market broker Paragon International Holdings for a base consideration of £42 million (approximately A$75 million).   25 July 2019

Insurance

Fractal rebrands as Qomplx, raises $78.6m in Series A financing

Analytics and insurance software provider Qomplx, formerly known as Fractal Industries, has secured $78.6 million Series A financing led By Cannae Holdings and Motive Partners.   24 July 2019

Insurance

Kingstone exits "volatile" commercial liability lines after new CEO evaluates performance

Property/casualty insurer Kingstone Companies has decided to no longer underwrite commercial liability risks following a review by its new chief executive Barry Goldstein.   24 July 2019

Insurance

Willis Towers Watson unveils new data and analytics tool for aerospace underwriters

Broker Willis Towers Watson has launched a new data and analytics tool for aerospace insurance that is designed to help mitigate risk and improve underwriting outcomes.   24 July 2019

Insurance

Beazley reports 12% rise for gross written premiums in 2019 half year results

Beazley reported “strong premium growth” and margins in many lines of business that looked “healthier than they have in some years” as the firm published its 2019 six months results.   24 July 2019

Insurance

Tokio Marine forms new cyber & professional lines group under NAS Insurance CEO

Specialty insurance group Tokio Marine HCC has formed a new cyber & professional lines group, led by Richard Robin as president.   24 July 2019

Insurance

Capsicum Re urges re/insurers to ‘redefine boundaries’ on cyber war

Attributing cyber losses is a real challenge for re/insurers, especially in relation to war, according to Capsicum Re, a specialist reinsurance broker.   23 July 2019

Insurance

London-based Insurtech Gateway launches in Australia post £30m fundraise

Gateway, a London-based insurtech incubator that recently closed the first tranche of a new £30 million investment fund, has launched in Australia, and is exploring partnerships in Asia, North America and Central Europe.   23 July 2019

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