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Artex acquisition of Horseshoe will see the Bermuda firm ’become global brand of ILS services for Artex’

3 October, 2019 - 15:51
Artex Risk Solutions has confirmed it will acquire Bermuda-based Horseshoe Insurance Services Holdings which it said will “significantly strengthen” its insurance-linked securities (ILS) operations.

Whitespace donates digital contract data structures to Acord

3 October, 2019 - 15:45
Digital risk placement Whitespace is donating its digital contract data structures to ACORD, the Association for Cooperative Operations Research and Development, the standards-setting body for the global insurance industry.

Generali looks at mid-size insurers as acquisition targets to boost growth

3 October, 2019 - 15:41
Italian insurer Generali is set to spend some €3 billion acquiring smaller and mid-size insurance companies and asset managers, its chief executive Philippe Donnet. told Bloomberg in an interview.

Swedbank uses Munich Re technology to enhance life insurance buying process

3 October, 2019 - 15:37
Swedbank, a bank and insurance providers in Sweden and the Baltic, is implementing underwriting technology from Munich Re Automation Solutions.

Insurer Steel City Re publishes reputational risk resilience checklist

3 October, 2019 - 15:25
Steel City Re has published a checklist for firms looking to bolster their reputational resilience as social media, smartphones and other technology, and the rise of cyber crime has made them more vulnerable to this kind of threat.

Insurance data analytics firm Verisk to buy property data analysts BuildFax

3 October, 2019 - 14:58
Data analytics firm Verisk is set to acquire US firm BuildFax, a provider of property condition and history data, after signing a definitive agreement with the company's shareholders.

UK councils hit by 263m cyber attacks in H1 2019: Gallagher

3 October, 2019 - 14:40
Almost half (49 percent) of all UK councils have faced a cyber attack since the beginning of 2017, with cyber criminals hitting these organisations with 263 million attacks in the first half of 2019 alone, research has revealed.

Tokio Marine HCC makes key French surety hires as it expands in Europe

3 October, 2019 - 13:58
Tokio Marine HCC, a subsidiary of global insurer Tokio Marine Group, has appointed Jennifer Metcalfe as senior surety underwriter - France.

Pro Global Holdings rebrands Vibe MGA Management as part of expansion strategy

3 October, 2019 - 11:06
Pro Global Holdings has confirmed the immediate rebranding of its Vibe MGA Management to Pro MGA Solutions Ltd in the UK, after receiving regulatory approval.

Research shows careless approach to quality of D&O insurance by many private equity firms: Mactavish

3 October, 2019 - 11:04
Many private equity firms are “not placing enough focus on the quality of insurance cover” in place at portfolio companies, according to research from Mactavish, the expert on commercial insurance placement and disputes.

AXA XL launches on-demand cover for UK Uber drivers

3 October, 2019 - 10:54
AXA XL has launched on-demand cover to help Uber drivers in the UK minimise loss of earnings after an accident.

Ed Risk Solutions bags director from Price Forbes Risk Solutions Richard Laird

3 October, 2019 - 10:33
Richard Laird has joined Ed Risk Solutions as a divisional director in its Risk Solutions division, moving from Price Forbes Risk Solutions.

Tokio Marine Holdings to buy US HNW insurer Pure Group for $3.1bn

3 October, 2019 - 10:22
Tokio Marine Holdings has agreed to buy 100 percent of the outstanding shares of US firm Privilege Underwriters and its subsidiaries, known as the Pure Group, for $3.1 billion (approximately ¥ 325.5 billion).

Insurance sector sees strong business performance: CBI/PwC

3 October, 2019 - 10:11
The insurance sector is financially strong, and the number of people working in it is rising, according to the third-quarter financial services survey undertaken by the Confederation of British Industry and PwC.


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