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Insurance
Specialty re/insurer Convex Group has been authorised to write excess and surplus (E&S) lines across the US. 4 October 2019
Insurance
Steel City Re has published a checklist for firms looking to bolster their reputational resilience as social media, smartphones and other technology, and the rise of cyber crime has made them more vulnerable to this kind of threat. 3 October 2019
Insurance
According to a new report by Fitch Ratings, the excess and surplus (E&S) lines market in the US grew 15 percent in the first half of 2019 - a trend it says will continue in the near future. 30 September 2019
Insurance
Lloyd’s of London has pledged to change its ways dramatically after a survey found that nearly 500 workers had witnessed sexual harassment in the space of a year. 24 September 2019
Insurance
US-based commercial insurance technology company Bold Penguin has secured $32 million Series B funding led by Hudson Structured Capital Management (HSCM), Lightstone, Guggenheim Insurance, Lockton, existing investors and individuals from Stone Point Capital. 24 September 2019
Insurance
AmTrust E&S Insurance Services, a wholly-owned subsidiary of AmTrust Financial Services, has launched a new excess casualty underwriting division based in Los Angeles. It will be led by Jeff Lynn, who joins from Everest Re. 24 September 2019
Insurance
Ratings agency AM Best has assigned a financial strength rating of A (Excellent) with a ‘stable’ outlook to Brit Reinsurance (Bermuda), a wholly-owned subsidiary of specialty re/insurer Brit, reflecting a "very strong" balance sheet. 19 September 2019
Insurance
Accounting standard IFRS 17 is more realistic and consistent than the standard it replaces, IFRS 4, and will show how lower interest rates are hurting insurers. 19 September 2019
Insurance
The US arm of Italian insurer Generali Group has launched a new specialty insurance division focused on warranty services and solutions. 19 September 2019
Insurance
AXA Liabilities Managers (AXA LM), the non-life re/insurance legacy firm, has acquired the non-life legacy portfolio of Munich Re Malaysia. The portfolio transfer will become effective on October 1, 2019. 19 September 2019
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