News
Insurance
London-based Data as a Service (DaaS) insurtech WhenFresh has secured £3 million series A funding to develop and expand its offering for the insurance sector. 31 January 2019
Insurance
Specialist re/insurance broker THB has completed the leadership transition in its European division based in Amsterdam following the retirement of managing director Joaquim Caria. 31 January 2019
Insurance
German reinsurance giant Munich Re is looking to expand its presence in the South East Asian market with the creation of a new representative office Bangkok. 31 January 2019
Insurance
Pioneer Underwriters, an underwriting group within Minova Insurance Holdings, has unified its financial institutions (FI) businesses into one global underwriting operation. 31 January 2019
Insurance
Specialty insurer StarStone, whose parent company Enstar dropped plans to pursue its sale in September, has decided to sell some of its portfolio to Dubai-based firm Elseco. 31 January 2019
Insurance
John Roche, president and CEO at The Hanover Insurance Group, expects to “build on the positive momentum” the firm achieved in 2018, which saw major changes such as the sale of its speciality insurer Chaucer to China Re. 31 January 2019
News
French mutual insurance company Covéa has rejected all the accusations leveled by reinsurance firm SCOR as "groundless" and a "strategy to manipulate the judicial process", and reiterated its support for its chief executive Thierry Derez and his actions. 31 January 2019
Insurance
AXIS Capital posted a small profit in 2018 but company president and CEO Albert Benchimol admitted that results in the fourth quarter specifically were “unsatisfactory” as they were hit hard by property and catastrophe losses. 31 January 2019
News
The Federal Emergency Management Agency (FEMA) has reduced the size of its annual reinsurance placement which provides coverage for the National Flood Insurance Program (NFIP). 31 January 2019
News
Efforts by Sompo-owned Blue Capital Reinsurance Holdings to reduce volatility and improve the balance of its portfolio were scuppered by more heavy catastrophe losses in 2018 and further loss creep from events in 2017 as it posted another set of heavy losses. 31 January 2019
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