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Insurance
Twelve Capital, the independent investment manager specialising in insurance, has hired a new director within its portfolio management team who will have a principal concentration on catastrophe bond strategies. 9 May 2017
Insurance
Bermuda-based insurer Sirius said on Sept. 14 that it entered into a definitive agreement to purchase of 4.9 percent of Israel’s The Phoenix Holdings from Delek Group for NIS 208 million ($59.04 million) in cash. 15 September 2017
Insurance
The Latin American insurance industry faces growth opportunities by targeting the current significant insurance gap in Latin America with the help of new technology, but industry representatives also underlined the responsibility that comes with the insurance business. 15 November 2017
Insurance
Sompo International's US insurance platform has reached an agreement to purchase the operating subsidiaries of Lexon Surety Group. 4 January 2018
Insurance
AmTrust Financial Services, multinational insurance holding company, has entered into an agreement to acquire specialty insurance company ANV Holdings and its affiliates from Ontario Teachers' Pension Plan for $218.7 million in cash. 20 April 2016
Insurance
Lancashire Holdings has reported a combined ratio of 124.9 percent for 2017 compared to 76.5 percent in the previous year. 15 February 2018
Insurance
Skuld, a protection and indemnity (P&I) club for Scandinavian shipowners grew profitability in the 2016 financial year ending February 20, 2017 as the frequency of regular claims remained low and due to a “strong” return on investments. 12 May 2017
Insurance
Specialty re/insurer Brit has entered into an agreement with XL Catlin for the renewal rights for part of its directly written yacht portfolio. 24 July 2017
Insurance
Bermuda-based AXIS was hit hard by natural catastrophes 2017 but CEO Albert Benchimol believes that the financial impact of the year’s challenges on the company do not explain the 23 percent drop in the firm’s share price and suggested that it was further exacerbated by questions relating to the Novae acquisition. 27 March 2018
Insurance
SCOR Global Life Americas has made key leadership changes to its life and accident reinsurance unit. 30 June 2017
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