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DARAG strikes first acquisition deal in Luxembourg

Intelligent Insurer News - 6 August, 2020 - 09:42
The company has acquired automobile and travel insurance company Arisa, a subsidiary of ADAC Versicherung AG.

Liberty Mutual profits nosedive 81% in H1 due to COVID-19 economic downturn

Intelligent Insurer News - 6 August, 2020 - 09:38
The insurer swung to a net loss in Q2, while it made a profit in the same period in 2019.

Ex-Validus Re co-founder Mercer joins insurtech Insurdata advisory board

Intelligent Insurer News - 6 August, 2020 - 09:38
The executive joins former Zurich Germany CEO and RMS general counsel on the board.

WR Berkley changes president of E&S unit Berkley Aspire

Intelligent Insurer News - 6 August, 2020 - 09:34
Berkley Aspire provides excess and surplus lines coverage to small to medium-sized insureds.

Allianz profit slumps 29% as COVID-19 drags down P&C result

Intelligent Insurer News - 5 August, 2020 - 15:16
Oliver Bäte highlights the company's 'resilience' in the first six months of 2020; confident on full year performance.

Swiss Re to lead AI-driven smart claims solutions in Europe

Intelligent Insurer News - 5 August, 2020 - 14:15
Swiss Re has partnered with China's Ping An to explore opportunities in the smart insurance space.

Nexus unveils new A&H division in Asia expansion strategy

Intelligent Insurer News - 5 August, 2020 - 14:15
The MGA has hired head of accident & health from Aspen Singapore.

Hastings agrees £1.66bn cash acquisition by Sampo and RMI

Intelligent Insurer News - 5 August, 2020 - 14:14
Sampo and RMI have established a newly-formed jointly owned company to acquire the UK P&C insurer.

Sompo hires new head of London Market energy from Talbot

Intelligent Insurer News - 5 August, 2020 - 10:48
The re/insurer says it is taking a long-term view of this important class of business despite the challenges.

Oneglobal enters Asia with former JLT broking leaders

Intelligent Insurer News - 5 August, 2020 - 10:35
The broker has received regulatory approval in Hong Kong; hired market leaders to build out its Asian business.

RGA profit falls in Q2 as COVID-19 claims reach $300m

Intelligent Insurer News - 5 August, 2020 - 10:11
CEO Anna Manning says results were in line with or better than expectations despite COVID-19 impact.

Hannover Re profit plummets 39% in H1 as COVID-19 loss provisions jump

Intelligent Insurer News - 5 August, 2020 - 09:54
The result in property & casualty reinsurance was adversely affected by COVID-19 with combined ratio climbing to 102.3 percent.

Covéa inks €1.5bn joint investment deal with Exor and PartnerRe

Intelligent Insurer News - 5 August, 2020 - 09:32
The French insurer will invest €750m in special purpose insurance vehicles managed by PartnerRe.

Guy Carpenter reveals new Canada president and CEO replacing Callahan

Intelligent Insurer News - 5 August, 2020 - 09:31
Donald Callahan has stepped down from the role in Canada after 20 years but will remain with the company.

Aon raises $350m to target COVID-19-led dislocations in credit markets

Intelligent Insurer News - 4 August, 2020 - 15:07
The broker has identified certain 'opportunistic credit investment strategies' in the markets affected by COVID-19.

Argo slips to $25.2m half year loss; CEO remains 'optimistic'

Intelligent Insurer News - 4 August, 2020 - 14:47
Kevin Rehnberg highlighted strong underwriting performance and improvement in pricing across the business.

How Swiss Re’s iptiQ became greater than the sum of its parts

Intelligent Insurer News - 4 August, 2020 - 14:38
Going digital is never simple, especially for individual re/insurers, but Swiss Re’s digital insurance engine has developed a model that leverages its ecosystem of partners to achieve advances that individual firms may struggle to reach on their own. Intelligent Insurer speaks to Carl Christensen, Swiss Re chief executive officer at iptiQ EMEA L&H, to find out more.

Insurtech Buckle attracts $31m funding from HSCM and Eos Ventures

Intelligent Insurer News - 4 August, 2020 - 14:16
Buckle aims to address gaps in conventional insurance policies for gig workers.

Ed strengthens international fac reinsurance with RFIB hire

Intelligent Insurer News - 4 August, 2020 - 14:15
The appointee will focus on international property facultative reinsurance, primarily in Europe, the Middle East and Africa.

Munich Re-backed Inshur plans to set up operations in the Netherlands

Intelligent Insurer News - 4 August, 2020 - 14:14
The investment in the Netherlands follows its partnership with Uber to provide flexible insurance for drivers.

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