News

Insurance

TMK unveils $100m IP facility with Aon, Lloyd’s syndicates

Specialist insurer Tokio Marine Kiln (TMK) has established a $100 million intellectual property (IP) facility with broker Aon and several other Lloyd’s syndicates.   3 July 2018

Insurance

Insurtech Bought By Many closes £15m Series B funding round

Insurtech Bought By Many has closed a £15m Series B funding round led by CommerzVentures, the corporate venture capital arm of Germany’s Commerzbank with participation of insurance broker Marsh.   3 July 2018

Insurance

Zurich appoints new head of Oak Underwriting following takeover

Zurich Insurance Group has appointed Mark Peters as the new head of Oak Underwriting, a UK-based high net-worth insurance specialist, which it acquired from RSA Insurance.   3 July 2018

Insurance

CCRIF names ECCB governor as new chairman

The Caribbean Catastrophe Risk Insurance Facility (CCRIF), a multi-risk insurance pool designed to protect the region, has appointed a new chairman for a three-year term.   3 July 2018

Insurance

New MGA Hive Aero poaches class underwriter from Talbot

Hive Aero, a new managing general agency (MGA) specialising in aviation hull war insurance, has appointed Will Gaunt as class underwriter.   3 July 2018

Insurance

Allianz launches €1bn share buy-back programme

Allianz has revealed plans to buy back some €1 billion in shares in a move that reflects the tough market conditions in many of its sectors and also suggest it will not be seeking any large acquisitions.   3 July 2018

Insurance

Brit swoops for Navigators to grow US casualty unit

Specialty re/insurer Brit has appointed Mark Richards as senior vice president, general liability for Brit Global Specialty USA (BGSU). He joins from Navigators Group.   2 July 2018

Insurance

Beale to step down from Lloyd’s at year end

Inga Beale, the chief executive of Lloyd’s, will step down at the end of the year after four years in the role, according to market sources.   29 June 2018

News

Reinsurers seek alternative risk pools

The reinsurance industry has been disrupted through competition from alternative capital and is now seeking new pools of risk, according to a panel discussion at the 2018 Insurtech Insights June 19 and 20 conference in London.   27 June 2018

Insurance

Hanover Stone expands strategic planning practice

Risk management services firm Hanover Stone Solutions has appointed three senior advisors to its newly-formed strategic planning consulting practice.   27 June 2018

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