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Insurance
UK general insurer Allianz has appointed QBE's Jon Hesketh for its engineering, construction and power unit. 8 April 2019
Insurance
Specialist and corporate insurer Tokio Marine Kiln (TMK) has appointed Will Curran as the new head of reinsurance. 3 April 2019
Insurance
The blockchain insurance industry initiative B3i has secured investment from three new re/insurers, alongside existing shareholders, in its latest funding round. 3 April 2019
Alternative Risk Transfer
Reinsurers have adopted a rational rating approach for 1 April renewals with price increases of up to 25 percent concentrated on loss-affected contracts and programmes, Willis Re has said. 3 April 2019
Insurance
Insurtech-focused venture capital firm IA Capital Group has raised $150 million across its three funds focusing on property/casualty, life/annuity/retirement, and later-stage fintech opportunities. 3 April 2019
Insurance
CLS Risk Solutions (CLS), a provider of property and renewables development risk cover, has launched permit challenge insurance for renewable energy infrastructure. 3 April 2019
Insurance
Re/insurer AXA XL has promoted Jennifer Minors to senior vice president, product line leader in its Bermuda professional lines insurance business. 3 April 2019
Insurance
Marsh & McLennan Agency (MMA), the middle market agency subsidiary of broker Marsh, has entered a new market with the acquisition of Arizona-based Lovitt & Touché, one of the state’s largest independent insurance agencies. 3 April 2019
Insurance
Specialty managing general agent (MGA) Nexus Group has secured a £16 million funding that it plans to use in advancing its merger and acquisition (M&A) activity. 3 April 2019
Insurance
Independent specialty Managing General Agent (MGA) Nexus Group (Nexus) has acquired Capital Risks MGA (CRM), a London based warranty and indemnity MGA. 2 April 2019
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