News
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
Re/insurer AXA XL has made a number of appointments in its UK client and distribution team, based in London. 16 September 2019
Insurance
Insurtech firms raised a record $3 billion in new funding in the first half of 2019, with developments such as usage-based insurance boosting demand in the sector, with European companies attracting the lion's share. 13 September 2019
Insurance
There are 775,654 US homes at extreme risk of wildfire, according to CoreLogic analysts. 13 September 2019
Insurance
Prudential Financial is set to acquire US-based insurtech start-up Assurance IQ for $2.35 billion. 13 September 2019
Insurance
Alliant Insurance Services has established a new mergers & acquisitions group to serve the private equity firms and alternative asset managers. It will be led by senior vice president Jonathan Gilbert. 13 September 2019
Insurance
Mining insurance is still not a truly hard market yet, with capacity remaining high by historical standards, according to Willis Towers Watson’s (WTW) Mining Risk Review 2019. 13 September 2019
Insurance
Bermuda-based Aspen Insurance Holdings has promoted Clive Edwards to chief executive officer (CEO) of Aspen Insurance UK (AIUK) and Aspen Managing Agency (AMAL). 13 September 2019
Insurance
Markel UK, a division of Markel International that provides insurance, tax and legal services for SMEs, is acquiring the online freelancer and contractor business of commercial insurance brokers Caunce O’Hara. 13 September 2019
Insurance
Broker Gallagher has recruited Brent Kruger as its new UK chief information officer (CIO). 13 September 2019
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