News
Insurance
Bermuda-based Enstar Group, Germany’s Allianz and investment firm Hillhouse have made equity investment commitments in aggregate of $470 million as part of a joint venture to Enhanzed Reinsurance, a Bermuda-based Class 4 and Class E reinsurer. 12 December 2018
Insurance
Bermuda-based re/insurer AXIS Capital Holdings has extended the contract of president and CEO Albert Benchimol until Dec. 31, 2023. 12 December 2018
Insurance
Re/insurer AXA XL has unveiled its new excess & surplus (E&S) casualty product leads in the US, including a senior hire from QBE. 12 December 2018
Insurance
Tropical cyclone Owen is forecast to move towards the Queensland coast in Australia and may reach category 3 intensity by Thursday morning, December 13, according the country’s Bureau of Meteorology. 12 December 2018
Insurance
Private equity firm Odysseus Alternative Ventures (OAV) has partnered with the APICIL Group, a French social protection provider, to create Insurtech Capital I. with a commitment of €10m. 12 December 2018
Insurance
New England Asset Management (NEAM) has appointed Rui Wang as an enterprise capital return & risk management professional in London. 12 December 2018
Insurance
The group chief financial officer (CFO) of Hyperion Insurance Group, Oliver Corbett, is leaving the company at the end of December. 10 December 2018
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has withdrawn from the Hong Kong employees’ compensation (EC) terrorism pool for policies starting or renewing on or after Dec. 1, 2018. 10 December 2018
Insurance
Swiss Re Corporate Solutions has appointed new leaders for its global casualty and excess & surplus (E&S) North American business lines. 6 December 2018
Insurance
Chubb believes that it can achieve more than $350 million in savings by year-end 2022 and $500 million by year-end 2023 through the use of robotics and artificial intelligence (AI) as it eliminates low-value activities, according to a December 2018 investor presentation. 4 December 2018
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