Articles
Insurance
Mid-market private equity firm Preservation Capital Partners, which last year acquired Ascent Underwriting, has made another strategic investment in a US-based specialist managing general agent. 19 February 2019
Insurance
Global Risk Partners (GRP) has acquired Shearwater Insurance Services, a insurance broker based in Waltham Cross, Hertfordshire. 19 February 2019
Insurance
Australia-based specialist insurer POP Insurance Holdings has launched a strategic partnership with Japanese property/casualty insurer Rakuten General Insurance. 18 February 2019
Insurance
German insurance giant Allianz posted a record operating performance in 2018, reaching the upper end of its target. It also expects to generate a larger profit in 2019, provided there are no unforeseen performance interruptions. 15 February 2019
Insurance
C-Quence, a new insurtech managing general agent (MGA) with a commercial insurance trading and underwriting platform, has strengthened its underwriting team with senior hires from Chubb and AIG. 15 February 2019
Insurance
Dutch insurer NN Group has elected David Cole to succeed Jan Holsboer as the chairman of its supervisory board following its annual general meeting later this year in May. 15 February 2019
Insurance
Property/casualty insurer Chubb has appointed Kyle Bryant to the newly-created position of head of financial lines for Continental Europe. 14 February 2019
Insurance
Efforts to rectify issues in AIG’s core underwriting capabilities appear to be paying off as losses reduce year on year in its 2018 results, with Brian Duperreault, AIG’s president and chief executive officer, predicting the firm will “accelerate our progress in 2019”. 14 February 2019
Insurance
US-based reinsurance broker Holborn Corporation has hired a Gen Re executive with more than 30 years of industry expertise to enhance its existing client relationships across its three offices in New York City, Minneapolis and Kansas City. 14 February 2019
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance Holdings, has appointed Andrew Corton as a project cargo underwriter based in London. 13 February 2019
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