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Two investment funds have agreed to buy a £92million ($117 million) stake in independent broker the Ardonagh Group. 21 May 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has hired Udo Pützer to join the company’s European insurance platform as head of financial lines insurance, Germany. 21 May 2019
Insurance
Insurance brokers are worried about the future of their business amidst all the technological advancements and changing re/insurance landscape, suggests a new report by the Society of Insurance Broking (SIB). 16 May 2019
Insurance
Bermuda-based reinsurer PartnerRe has launched a wearable technology pilot project in partnership with digital health platform dacadoo. 16 May 2019
Insurance
There is increasing interest among insurers in getting contractors as well as developers to buy in to the inclusion of leak detection systems in building projects. Intelligent Insurer reports. 16 May 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings is targeting the life sciences industry with its new insurance offering to be led by senior vice president Todd Lauer. 14 May 2019
Insurance
The uptake of M&A insurance across Europe, the Middle East and Africa (EMEA) has increased significantly as risks associated with transactions become more complex, according to a new report by Aon. 14 May 2019
Insurance
Third Point Re chief executive Robert Bredahl has joined reinsurance broking and risk/capital management firm TigerRisk as president, chief operating officer (COO) and member of its board. 14 May 2019
Insurance
Allianz enjoyed a strong first quarter with both revenue and profits increasing sharply driven by its property/casualty segment, which posted strong premium growth, lower claims from natural catastrophes and an improved expense ratio. 14 May 2019
Insurance
Some 250 tornadoes touched down in the US during April – the most for April since 2011 – a phenomenon that should invigorate insurers to redouble efforts to understand flood risk and further encourage insurance take-up to lower the protection gap, according to Aon. 14 May 2019
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