News

Insurance

Ariel Re eyes bigger business as it secures stability at Lloyd’s

In the aftermath of Ariel Re’s launch of a Lloyd’s managing agency, Tim Shreeve, the reinsurer’s head of platform development, spoke to Intelligent Insurer about the rationale behind the move and its future plans.   20 November 2022

Insurance

Argo secures prelim takeover/investment bids; due diligence underway

Early bids prove value in ongoing turnaround, management argues in latest proxy fight salvo.   18 November 2022

Insurance

AUM launches ‘first of its kind’ ILS Ocean Fund

The structure has been modelled on Bermuda ILS funds.   18 November 2022

Insurance

Former Marsh/Willis senior leader to help scale AI start-up Eigen

The executive previously worked at AXA, DXC and as CEO of Pro Global Insurance.   18 November 2022

Insurance

Sompo slashes profit forecast by half on major nat cat & Covid hits

18 November 2022

Insurance

Africa Specialty Risks partners with Moroccan reinsurer SCR

The pair will combine capacities to write multi-business line coverage across Africa & Middle East.   18 November 2022

Insurance

Industry veteran, AXIS Re CFO & COO switches to Jack Kuhn-led specialty insurer

Westfield gains a 30-plus year veteran of specialty re/insurance markets to drive growth.   18 November 2022

Insurance

Chubb acquires majority stake in major China insurer

Chubb becomes first foreign firm to majority-own a Chinese financial services holding.   18 November 2022

Insurance

Tesla puts telemetric insurance in 11th state, now covers 30% of US

Tesla last said it could have an offer for 80% of US Tesla owners by year-end.   18 November 2022

Insurance

SCOR downgraded on ‘persistent underperformance’ – but remains bullish on P&C hardening

Its performance is not in line with that of close peers such as Munich Re & Hannover Re, says S&P.   18 November 2022

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