Articles
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
Insurance
AM Best has maintained a “negative outlook” for the UK non-life insurance market as it is buffeted by economic and political uncertainty caused largely by Brexit. 29 March 2019
Insurance
HDI Global Specialty SE, a new specialty lines insurer created from merging the specialty lines activities of Hannover Re and HDI Global, has launched a new general aviation operation in Australia. 28 March 2019
Insurance
Centene Corporation and WellCare, two big players in the US government-sponsored health insurance programme, have announced that they are merging in a deal worth $17.3 billion. 28 March 2019
Insurance
Norwegian aluminium and renewable energy company Norsk Hydro, which suffered a severe ransomware attack last week, has estimated that total losses from the incident have already reached 300-350 Norwegian crowns (nearly $40 million). 27 March 2019
Insurance
Bermuda-based RenaissanceRe Holdings (RenRe) has completed the acquisition of Tokio Millennium Re (TMR) following the receipt of all necessary regulatory approvals. 25 March 2019
Insurance
A petition, signed by 60 organisations, has called for more than 1,300 insurance companies that do business in California to disclose the fossil fuel projects they insure and invest in. 22 March 2019
Insurance
US insurer Allstate Corporation has estimated catastrophe losses for January and February 2019 of $299 million, pre-tax ($236 million, after-tax). 22 March 2019
Insurance
Allianz Insurance has promoted Gerry Ross to the post of head of commercial motor. 22 March 2019
Insurance
Insurtech Concirrus has signed up Dieter Berg, former president of the International Union of Marine Insurance, as a non-executive director. 22 March 2019
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