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BMS will become the lead alternative to reinsurance big three: Cook
The broker plans to “invest heavily” in its reinsurance operations following its buy-in from a Canadian pension fund and private equity house Preservation Capital.
Catrin Shi
,
June 05, 2019
InsurTech Getsafe raises $17mn in Series A round
The AI-powered insurer’s backers include Earlybird Venture Capital.
Anna Sagar
,
June 05, 2019
Willis Towers Watson to launch VC investor
The broker also establishes a growth board to support organic innovation.
Anna Sagar
,
June 05, 2019
Michael loss claims recorded by Floir rise to $6.6bn
Florida Office of Insurance Regulation (Floir) data shows the total of insurance claims has increased from the $6.1bn reported in March.
Sofia Geraghty
,
June 05, 2019
Catlin hired as adviser to fintech investor Motive Partners
The Catlin Group founder will provide strategic guidance alongside other senior finance and technology executives.
Samuel Casey
,
June 05, 2019
Doucette and Zaffino emerge as frontrunners for Everest Re CEO role
The (re)insurer is expected to pick either its reinsurance or insurance CEO to replace group chief Dominic Addesso.
Christopher Munro
,
June 05, 2019
United Insurance completes cat renewal with $4bn of cover
The Floridian carrier bought 8 percent more cover than last year, inclusive of a $3.2bn core cat tower.
Iulia Ciutina
,
June 04, 2019
AIG promotes McElroy to lead NA General Insurance
The move puts the former Lexington CEO at the helm of one of the largest insurance operations in the US.
Bernard Goyder
,
June 04, 2019
PIB Group buys Cobra in deal boosting premiums 64%
The deal marks PIB Group’s 20th transaction since 2016 and follows its earlier acquisition of Optis.
Bernard Goyder
,
June 04, 2019
Gardner, Yoder, Durant look to resolve MMC lawsuit
The trio who left Guy Carpenter for Lockton Re wish to engage in “meaningful discussions” with MMC, according to a court filing.
Christie Smythe
,
June 04, 2019
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