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Insurance
Swiss Re has appointed Mike Mitchell as the head of property and specialty reinsurance to succeed Edouard Schmid who will assume the group chief underwriting officer (CUO) role at the company. 23 March 2017
Insurance
New York-based insurance startup Sure has raised $8 million in a series A round of funding led by IA Capital, with contributions from Menlo Ventures, FF Venture Capital, Nationwide Ventures, Assurant, and AmTrust. 15 June 2017
Insurance
PERILS, the Zurich-based organisation that provides catastrophe insurance data, has released the 2015 update of its industry exposure database. 1 April 2015
Insurance
Beazley, a provider of specialist environmental liability insurance, has increased its capabilities with the hire of two new environmental underwriters in the US. 17 May 2017
Insurance
Claims management firm Cunningham Lindsey has appointed Stephen Foster as marine technical director in the UK. Foster replaces Ray Saunders, who is retiring at the end of the year. 10 July 2017
Insurance
Hastings Group, the UK driven insurance provider, enjoyed a 5 percent growth in its gross written premiums in the first half of the year and a 22 percent growth in its operating profit. 8 August 2018
Insurance
Large primary carriers are re-entering the reinsurance market after having largely abandoned the sector in the 1990s and early 2000s, according to Willis Re CEO James Kent. 3 April 2018
Alternative Risk Transfer
MultiStrat Advisers, the Bermuda-based total-return reinsurer and servicing company, has given an insight into the traction it is gaining structuring so-called casualty-linked securities (CLS) – a form of risk transfer known to be growing but many of these transactions are private. 15 February 2018
News
New Reinsurance Company (NewRe) is eyeing significant growth potential outside the subdued European traditional property/casualty (P&C) segment, especially in life business, weather risk and structured solutions, Renate Strasser, chief executive of NewRe, told Baden-Baden Today. 22 October 2018
Insurance
UK-based insurance intermediary Towergate, part of the newly-formed Ardonagh Group, has launched Geo Specialty, a London MGA (managing general agent) business with a new team of market specialists. 1 August 2017
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