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Apollo Global Management and Athene Holding have entered into a definitive agreement with GE Capital to buy PK AirFinance, an aviation lending business from GE Capital’s Aviation Services (GECAS) unit. 30 August 2019
Insurance
Paris-based underwriting agency Meteo Protect has launched ParametricAPI.com its open insurance application programming interface (API) to enable insurers and startups to run their own parametric insurance programs. 30 August 2019
Insurance
Commercial auto insurtech Inshur, which raised $7 million investment led by Munich Re Ventures earlier this year, has secured additional funding from Israel-based technology venture fund Viola FinTech. 29 August 2019
Alternative Risk Transfer
A new report by S&P Global Ratings suggests that alternative reinsurance or third-party capital is likely to remain 'key' in the global market as reinsurers grapple to stay competitive following large losses in the recent years. 29 August 2019
Alternative Risk Transfer
A report published this month by Willis Re Securities claims that relationships are important as the ILS market returns to a more normal environment. 29 August 2019
Insurance
Insurance sector concerns about silent cyber have declined considerably, according to an annual global survey by Willis Re. 29 August 2019
Insurance
Stockholm-based digital insurance start-up Hedvig has secured 100 million SEK ($10.4 million) in a Series A funding to expand its operations beyond the Nordics. 29 August 2019
Insurance
Chicago-based insurtech start-up Kin has raised $47 million funding from new investors including Hudson Structured Capital Management (HSCM Bermuda), August Capital, Avanta, and UChicago Startup Investment Program. 28 August 2019
Insurance
London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has partnered with mobility start-up Drover. 28 August 2019
Insurance
Specialist insurance provider and Lloyd’s of London coverholder Delta Insurance Group has appointed Kent Chaplin to its advisory board. 28 August 2019
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