Intelligent Insurer News
The latest news from www.intelligentinsurer.com
Updated: 1 hour 44 min ago
Davies continues leadership build-out with new global role
The company plans to expand into new territories in the next phase of its growth.
Conference organisers mull options as APCIA becomes latest victim of COVID-19
The Rendez-Vous is cancelled, APCIA 2020 is moving online, but SIRC and Baden-Baden remain on as things stand.
Beazley overhauls cyber & tech leadership to drive global growth
Beazley expects the new leadership to strengthen its global approach to managing and underwriting these risks.
Compre mulls strategic expansion into US & Lloyd’s legacy markets
The legacy specialist has secured BMA approval to establish a Class 3A reinsurer on the island.
Arch Capital prices $1bn senior notes for 'corporate purposes'
The offering is being led by Wells Fargo, with BofA, Credit Suisse, JP Morgan and Lloyds as joint book-running managers.
Ryan Specialty CEO 'bullish' on merger with US wholesale broker
The Florida-based broker is projecting $2.6bn in premium and RSG is approaching $12bn in premium in 2020.
Nephila gets green light to launch new venture at Lloyd's
Lloyd's CEO says Nephila's new syndicate represents an 'exciting step forward' in our Future at Lloyd's ambition.
Willis Re completes €100m cat bond for Achmea Reinsurance
The transaction is the first cat bond exposed to primary European insurance risk in 2020.
Aegon taps Admiral CFO to lead group strategy development
The newly created CTO role will focus on driving initiatives to improve overall performance.
UK broker Ardonagh nabs almost £2bn in mega financing deal
The 'largest ever unitranche financing' will be used to support Ardonagh's business expansion plans.
AmWINS MGA forms new carrier partnership for insurance programmes
The new partnership is expected to result in multiple programme enhancements to APU offerings.
1347 Property appoints interim CEO to lead new strategy
The company says it is working diligently to maximize its capital position for all shareholders.
HSCM Bermuda acquires majority of windstorm specialist Weston
Weston implements capital restructuring plan to improve group balance sheet strength.
WR Berkley unveils new executive appointments
The insurer has named new deputy general counsel and senior counsel.
AssuredPartners snaps up Illinois agency for market expansion
The acquired insurance agency reports $8 million in annualised revenues.
UK financial regulator FCA names new chief executive
The appointee is currently the chief executive of London Stock Exchange (LSE).
Phoenix creates investment team under ReAssure CIO Eakins
Phoenix Group acquired UK-based closed life book business ReAssure from Swiss Re.
Mapfre launches €250m 'fund of funds' to target attractive opportunities
The investment portfolio will be concentrated in the US and European markets.
Berkshire BHSI hires head of claims Germany from AXA
The executive was most recently head of claims at AXA Corporate Solutions in Germany.
Cyber losses record six-fold jump but preparedness increases
'The number of businesses that have paid a ransom following a malware infection is chilling,' says Hiscox cyber CEO.
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