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Viva Republica, a South Korean fintech startup that developed financial services app Toss, has secured a $40 million round of funding from Singapore-based investment firm GIC and Sequoia China. 19 June 2018
Insurance
Specialty re/insurer Brit has bolstered its board with three new non-executive directors from Willis Re, RBS and Catlin Insurance. 14 June 2018
Insurance
Federated National Holding Company has finalised its excess of loss catastrophe reinsurance programme for 2018-2019. 1 June 2018
Insurance
AXIS Re, the reinsurance segment of Bermuda-based AXIS Capital Holdings, has revealed a series of strategic changes intended to increase client satisfaction and drive profitable growth. 1 June 2018
Insurance
Hurricanes Harvey, Irma and Maria - along with the Californian wildfires - all contributed to the costliest year on record for the UK specialty insurance market in 2017, according to EY’s annual specialty results analysis. 1 June 2018
Alternative Risk Transfer
SCOR has become the first reinsurer to use the new UK ILS regime to issue a catastrophe bond. 1 June 2018
Insurance
US-based property/casualty insurer Hanover Insurance Group has appointed Frank Baron as president of alternative markets, a newly formed business unit within the company's domestic specialty group. 1 June 2018
Insurance
MassMutual International has completed its sale of 85.1 percent of MassMutual Japan - its wholly-owned life insurance and wealth management affiliate - to Osaka-based mutual life insurer Nippon Life. 1 June 2018
Insurance
The Hartford's run-off life and annuity businesses Talcott Resolution has been acquired by an investor group, and will now operate as an independent stand-alone insurance company headquartered in Windsor, Connecticut, with an office in Woodbury, Minnesota. 1 June 2018
Insurance
Insurer Chubb has strengthened its energy industry practice with two new leadership appointments for the mid and large market segments. 1 June 2018
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