Articles
Insurance
European life insurer Athora and Netherlands’ NN Group have teamed up to acquire Dutch insurer Vivat, which was put up for sale last year by Chinese owner Anbang Group Holdings. 7 June 2019
Insurance
UK-based insurance intermediary PIB Group has acquired the Cobra group of companies, taking the amount of premium placed or influenced by PIB from £550 million to £900 million. 5 June 2019
Insurance
It is a widely held belief that competition is good and monopoly is bad. So why, asks Liberty Specialty Markets’ president and managing director Matthew Moore, does Amazon, with its market dominance, set new standards for service? 5 June 2019
Insurance
Insurers need to carefully consider the changing coverage needs of cities as populations continue to grow and urbanisation globally continues unabated. 5 June 2019
Insurance
Universal Property & Casualty Insurance Company (UPCIC) has expanded the top of its reinsurance tower for a single Florida event to $3.28 billion (an increase of $134 million) as part of Universal Insurance Holdings’ 2019-2020 reinsurance programmes, effective June 1, 2019. 3 June 2019
Insurance
Hive Aero, a managing general agency (MGA) specialising in aviation hull war insurance, has expanded into underwriting excess third-party aviation war liabilities (AVN52) with $47.5 million capacity for 2019. 3 June 2019
Insurance
Insurers are guilty of spending too much time navel-gazing rather than thinking about customers. This, argues Stuart Sutherland, Liberty Specialty Markets’ head of casualty, has to change. 3 June 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 appointed Karen Frazer to its London-based US delegated authority underwriting team. 31 May 2019
Insurance
Swiss Re Corporate Solutions is collaborating with aeronautics firm Airbus Aerial to offer flood prevention modeling services using drone-collected data. 28 May 2019
Alternative Risk Transfer
Swiss Re places $100m First Coast Re II cat bond in Singapore, "excited" to promote Asian ILS market
Global reinsurer Swiss Re has placed the first catastrophe bond, a $100 million First Coast Re II (Series 2019-1), under Singapore's new insurance-linked security (ILS) framework for Security First Insurance Company. 28 May 2019
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