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Canopius signs underwriting deal with MGA Anvil

3 September, 2018 - 10:57
Specialty re/insurer Canopius has signed an underwriting partnership with credit and political risk managing general agent (MGA) Anvil Underwriting.

Munich Re subsidiary NewRe appoints new CUO to drive P&C growth

3 September, 2018 - 10:57
NewRe, a wholly owned subsidiary of Munich Re, has appointed Artur Klinger as new chief underwriting officer for the property and casualty business.

Hiscox partners with US insurtech for claims handling

3 September, 2018 - 10:57
Global specialist insurer Hiscox is introducing a customer messaging solution from Boston, Massachusetts-based insurtech firm Hi Marley for AI-powered claims handling communications.

Kingstone taps insurtech Roost for home telematics

3 September, 2018 - 10:57
New York-based multi-line regional property and casualty insurer Kingstone has partnered with California-based home telematics company Roost.

Talbot looks to grow A&H book globally with senior Chubb hire

3 September, 2018 - 10:57
Talbot Underwriting, a subsidiary of AIG (previously Validus Holdings) which operates within the Lloyd's Insurance Market through Syndicate 1183, has hired Shawn Foreman for global accident & health (A&H) team as class underwriter, based in London.

Markel to acquire Nephila to become largest manager of ILS funds

31 August, 2018 - 14:51
Markel Corporation is to acquire Nephila Holdings in a deal that will create an entity with assets under management between Nephila and Markel CATCo of some $19 billion.

Enstar acquires Maiden Reinsurance North America for $308m

31 August, 2018 - 14:48
Bermuda-based Enstar Group is acquiring Maiden Reinsurance North America from a subsidiary of Maiden Holdings.

Vandendael leaves Lloyd’s to become Everest CEO international

31 August, 2018 - 13:09
Lloyd’s chief commercial officer Vincent Vandendael has decided to leave the corporation after almost six years to become CEO international at Everest Insurance in early 2019.

AM Best critical of Maiden after US renewal rights sale to TransRe

31 August, 2018 - 11:12
AM Best has placed the financial strength rating and the long-term issuer credit ratings (ICRs) for Maiden Reinsurance, and its affiliate Maiden Reinsurance North America under review with negative implications following the announcement that the renewal rights for its US diversified business were being sold to TransRe.

Allianz goes direct in Europe with new CEO

31 August, 2018 - 09:53
Germany-based insurance group Allianz is consolidating its European direct business by establishing a new pan-European risk carrier and has appointed Bart Schlatmann CEO of this operation.

Private equity firms buy stakes in Sirius in private placement

31 August, 2018 - 09:53
Bermuda-based Sirius International Insurance Group has entered into equity subscription agreements with affiliated funds of Gallatin Point Capital, The Carlyle Group, Centerbridge Partners, and Bain Capital Credit.

Lloyd’s open to write Canadian cannabis risks

31 August, 2018 - 09:53
Lloyd’s said that after taking specialist advice it believes that Lloyd’s underwriters are well positioned to write Canadian cannabis business subject to compliance with local Canadian requirements.

PartnerRe unveils leadership changes, replaces chairman

31 August, 2018 - 09:53
Bermuda-based PartnerRe has appointed Brian Dowd to succeed John Elkann as chairman of the company’s board of directors alongside several other leadership changes.

Munich Re Specialty taps Aspen, XL Catlin to lead Americas underwriting

31 August, 2018 - 09:52
Munich Re Specialty Group (MRSG) of London has added former Aspen and XL Catlin executives to lead its underwriting team.

Aon bolsters cyber leadership to boost growth, innovation

31 August, 2018 - 09:52
Broker Aon has promoted Catherine Mulligan and Luke Foord-Kelcey within its reinsurance solutions business to strengthen its suite of cyber products for insurers.

Facebook evidence helps AXA win fraud case against boxing champion

31 August, 2018 - 09:51
French insurer AXA has won a fraud court case in the UK against three-time Home Counties boxing champion Conroy Downer by using Facebook evidence.

US P&C sector operating return up 8% in H1

31 August, 2018 - 09:24
US property/casualty (P&C) re/insurers have improved operating returns by 8.0 percent year on year in the first half of 2018 after an increase of 6.8 percent in the same period of 2017, according to Fitch Ratings.

Cyber: putting the ‘year in the middle’ to good use

30 August, 2018 - 14:30
Cyber is developing steadily: the ILS market has the potential to solve many of its challenges and Bermuda could sit at the heart of that solution. Tom Johansmeyer of PCS, Verisk Insurance Solutions, takes a look at a neglected period of time for the market.

Treading the fine line to ILS success

30 August, 2018 - 14:05
Bermuda has solidified its place as the go-to location for insurance-linked securities in recent years, according to Brad Adderley, corporate partner at offshore law firm Appleby.

TransRe takes over Maiden Re US treaty renewal rights, hires whole team

30 August, 2018 - 10:51
TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, has acquired the exclusive renewal rights to all of Maiden Re's US treaty reinsurance underwriting business.


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