News
Insurance
UK-based insurtech startup By Miles, which provides pay-per-mile car insurance, has raised raises £5 million in Series A funding led by Octopus Ventures. 27 February 2019
Insurance
Montreal-based Insurtech startup Breathe Life has raised CA$4.5 million ($3.4 million) in its seed round of funding led by Diagram Ventures with participation from Real Ventures. 27 February 2019
Insurance
Bermuda-based AXIS Capital Holdings has expanded its board of directors with the appointed of Lizabeth Zlatkus. She has previously held several senior management positions at The Hartford Financial Services Group during her 28-year tenure at the company. 27 February 2019
News
Insurers that provide professional liability cover to US architects and engineers (A/E) saw significant premium growth last year despite a competitive market and flat rates, a survey has found. 26 February 2019
Insurance
FedNat Holding Company is to acquire Maison Insurance Company and other homeowners insurance entities from 1347 Property Insurance Holdings (1347 PIH) in a $51 million deal. 26 February 2019
News
Re/insurer Hiscox CEO Bronek Masojada praised the company’s “strong growth” in its 2018 results as he said the “tough action” taken in its London Market business was paying off. 25 February 2019
Insurance
Berkshire Hathaway stayed in the black in 2018 helped by its P&C and life and health insurance divisions, but its profits were hit by new accountancy rules that Warren Buffett, its chairman, criticised. 25 February 2019
Insurance
Australia-based QBE Insurance Group returned to profit last year helped by "significantly reduced catastrophe claims", after an extreme 2017, and a robust cost-cutting programme. 25 February 2019
Insurance
Specialty re/insurer Brit has completed the fifth annual renewal and expansion of its Bermuda domiciled special purpose insurer Versutus. 25 February 2019
Insurance
Insurance group Sirius highlighted “long term wins” in its 2018 results, despite losses partly caused by typhoon Jebi. 22 February 2019
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