Articles

Insurance

R&Q seals acquisition of NN Group's Nationale-Nederlanden

Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) has completed the acquisition of the entire issued share capital of UK-based Nationale-Nederlanden Internationale Schadeverzekering (NNIS) from its owners NN Group.   4 March 2019

Insurance

Arch creates new role in innovation strategy; shuffles mortgage leadership

Bermuda-based re/insurer Arch Capital Group has appointed Andrew Rippert, David Gansberg, and Michael Schmeiser to new leadership roles.   4 March 2019

Insurance

Former AmTrust investor Krupa files complaint alleging antitrust violations

Krupa Global Investments (KGI), a Prague-based investment firm and formerly a significant shareholder of AmTrust Financial Services, has filed a complaint against Stone Point Capital and AmTrust before the European Commission Directorate-General for Competition.   1 March 2019

Insurance

Munich Re picks insurtech CyberCube to boost cyber risk analytics

Reinsurer Munich Re has selected insurtech CyberCube's analytics platform to help quantify, model and control cyber accumulation risk.   28 February 2019

Insurance

Berkshire Hathaway 2018 results show P&C growth as Buffett criticises GAAP

Berkshire Hathaway stayed in the black in 2018 helped by its P&C and life and health insurance divisions, but its profits were hit by new accountancy rules that Warren Buffett, its chairman, criticised.   25 February 2019

Insurance

Insurtech Arceo.ai launches to bridge cybersecurity-insurance gap

San Francisco-based insurtech Arceo.ai, a provider of cyber resilience solutions, has launched with a debut platform that enables insurance carriers to automate and enhance their cyber insurance, while increasing the security of their insureds.   25 February 2019

Insurance

CFC hires Hiscox chief technology officer Jonathan Fletcher

CFC Underwriting, a specialist insurance provider and Lloyd's managing general agent (MGA), has recruited Hiscox's Jonathan Fletcher as chief technology officer (CTO).   25 February 2019

Insurance

Willis Towers Watson swoops for new Asia broking leader from Chubb

Broker Willis Towers Watson has appointed Ben Dunston as head of broking in Asia to lead its next phase of growth, based in Singapore.   25 February 2019

Insurance

QBE returns to profit in 2018 due to fall in cat claims and cost-cutting

Australia-based QBE Insurance Group returned to profit last year helped by "significantly reduced catastrophe claims", after an extreme 2017, and a robust cost-cutting programme.   25 February 2019

Insurance

Brit expands capacity for Bermuda sidecar and Lloyd’s Syndicate 2988

Specialty re/insurer Brit has completed the fifth annual renewal and expansion of its Bermuda domiciled special purpose insurer Versutus.   25 February 2019

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