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Insurance
Starr Companies has appointed Steve Blakey as president and chief executive officer of Starr Insurance Holdings. 20 December 2017
Insurance
The US property catastrophe rates are to increase between 5 percent and 10 percent in aggregate at the upcoming renewal periods, Moody’s said in a Dec. 18 report. 20 December 2017
Insurance
Japanese lender Softbank has led a $120 million funding round in US insurtech firm Lemonade which wants to use the funds for a global expansion in 2018. 20 December 2017
Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, is set to launch and commence trading during the first quarter 2018. 20 December 2017
Insurance
Allianz X, the digital investment unit of the Allianz group, is investing $96.6 million in digital microinsurer BIMA. 20 December 2017
Insurance
Dutch firm EXIN Financial Services Holding has appointed Christos Adamantiadis as the new principal executive for the group’s portfolio companies and as a member of executive committee. 20 December 2017
Alternative Risk Transfer
Jardine Lloyd Thompson Capital Markets (JLTCM), a subsidiary of reinsurance brokerage firm JLT Re placed a catastrophe bond (Market 2017-2, Weather), which closed at $14.50 million. 20 December 2017
Insurance
US healthcare provider Humana is acquiring a 40 percent stake in-home care service provider Kindred Homecare for around $800 million with private equity partners owning the remaining 60 percent. 20 December 2017
Insurance
Broker Arthur J Gallagher and Alliant have settled a dispute over Gallagher employees hired by intermediary services provider Alliant. 19 December 2017
Insurance
Italy’s Generali is selling a non-life run-off portfolio of its UK branch to Compre Group, a discontinued business specialists in the insurance industry. 19 December 2017
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