News

Insurance

Trust Re appoints Talal Al Zain as new group CEO replacing Abunahl

Bahrain-based re/insurer Trust International Insurance & Reinsurance Company (Trust Re) has appointed Talal Al Zain as its new group chief executive officer.   23 April 2019

Insurance

TigerRisk president Tony Ursano steps down

Tony Ursano is stepping down as the president of reinsurance broking and risk/capital management firm TigerRisk Partners.   23 April 2019

Insurance

Everest hires AIG's Dawn Gregg for risk management unit

Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has appointed Dawn Gregg as a vice president within the risk management division.   23 April 2019

Insurance

Talanx, Hannover Re change underwriting policies for coal-based risks

Germany-based Talanx Group and Hannover Re have tightened their underwriting policies to reduce reinsurance cover for coal-based risks.   18 April 2019

Insurance

Munich Re Syndicate targets Asia expansion with Nectar partnership

The Asia Pacific arm of Munich Re Syndicate, a marine and specialty insurance underwriter at Lloyd’s, has partnered with Singapore-based coverholder Nectar Specialty Risk to expand its distribution and middle-market business in the region.   18 April 2019

Insurance

POP partners with AI insurtech Fractal on M&A insurance offering

Australia-based specialist insurer POP Insurance Holdings and its MGA subsidiary Fusion Specialty Insurance have partnered with Fractal Industries, an artificial intelligence (AI) and insurtech software provider.   18 April 2019

Insurance

SCOR grows P&C reinsurance at April 2019 renewals; expects favourable market conditions

French reinsurer SCOR grew its global property and casualty (P&C) gross written premiums by 9.6 percent at constant exchange rates at the April 2019 renewals to €548 million.   18 April 2019

News

Swiss Re chair ‘optimistic’ as shareholders back all 2019 AGM board proposals

Swiss Re shareholders approved a new public share buy-back programme worth up to $1.97 billion (CHF 2 billion) in purchase value at the reinsurer’s AGM today (17 April) in Zurich.   17 April 2019

Insurance

Insurtech Cytora secures £25m Series B for AI-powered commercial underwriting solution

UK-based insurtech Cytora, a provider of AI-powered solutions for the commercial insurance industry, has raised £25 million funding to expand its product suite and scale into new geographies.   17 April 2019

Insurance

Capsicum Re swoops for Guy Carpenter MD to expand mortgage indemnity reinsurance business

Guy Carpenter's Stephen Mathews has joined specialist reinsurance broker Capsicum Re's mortgage indemnity reinsurance division. Based in New York, he will head up the division’s global analytics capability.   17 April 2019

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