Articles

Insurance

Raschbaum receives $2.2m as he retires from Maiden

Former Maiden Holdings CEO Arturo Raschbaum has been awarded a lump-sum cash payment of $2.2 million as part of his retirement package.   5 October 2018

Insurance

Markel starts writing reinsurance business in India

Specialist re/insurer Markel International has commenced writing business from its Mumbai office under the leadership of Deepika Mathur who has joined from HDFC Ergo.   5 October 2018

Insurance

ForceManager snaps up Italian tech startup Sellf

Barcelona, Spain-based AI-powered sales management software solutions provider ForceManager has acquired Italian technology company Sellf to strengthen its global position.   4 October 2018

Insurance

Cat events to weigh on P&C insurers’ Q3 results

Multiple global catastrophe events could push the US property/casualty insurance industry loss above historical third quarter average levels of $13 billion, according to Morgan Stanley Research.   3 October 2018

Insurance

RenRe responds to investor call to seek a buyer

RenaissanceRe Holdings has responded to a letter by its investor TimesSquare Capital Management, urging the Bermuda-based re/insurer to review its strategy and seek a buyer for the business.   3 October 2018

Insurance

Investor pressures RenRe to seek a buyer

TimesSquare Capital Management, an institutional asset management firm with a significant stake in RenaissanceRe Holdings is suggesting that the Bermuda-based reinsurer should explore a potential sale of the company.   2 October 2018

Insurance

New investor challenge to AmTrust’s plan to go-private

Central Europe based investment group Arca Capital said that it will meet with state insurance regulators to oppose the AmTrust privatisation transaction and that it will continue to campaign aggressively against the "absurdly low" buyout price.   1 October 2018

Insurance

Starr opens office in Norway for expansion, appoints Europe head

Starr Insurance Companies is expanding its presence in Europe with the opening of a new office on Oslo, Norway.   1 October 2018

Insurance

Aon launches Americas capital advisory services, appoints head

Aon has launched its Americas capital advisory team to help re/insurers identify and deliver balance sheet solutions that reduce volatility and increase profitability.   1 October 2018

News

What can insurers learn from big tech to stay relevant for customers’ evolving needs?

Insurance is not known for being at the forefront of innovation. By and large, customers are buying the same types of covers from the same carriers in the same way as they were 20 years ago, says Anthony Bice, partner and head of EMEA Insurance, Oliver Wyman.   1 October 2018

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