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Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has appointed Jerry Probert as underwriting and franchise director. 12 April 2018
Insurance
Everest Re expects to incur $100 million of estimated catastrophe losses, net of reinsurance recoverables and reinstatement premiums, in the first quarter of 2018, as industry loss estimates for both the Northern and Southern California wildfire events have risen dramatically since the first estimates, according to the company. 12 April 2018
Insurance
Lloyd's third-party managing agent Asta has appointed Laura McMaster as deputy chief actuary, reporting to chief actuary Richard Barke. 12 April 2018
Insurance
Insurtech Socotra has partnered with Berlin-based digital insurance startup Coya to build “advanced and differentiated insurance offerings”. 12 April 2018
Insurance
Allianz X, the digital investment unit of the Allianz Group, has invested $35 million in Southeast Asian mobile platform GO-JEK to become its sole international insurance shareholder. 11 April 2018
Insurance
Specialist Lloyd's insurer Neon has launched a new contingency offering with the hiring of Barents Re executive Jeremy Cooke as contingency underwriter. 10 April 2018
Insurance
Property/casualty insurer Chubb is targeting major growth opportunities in the global middle market and small commercial business sector, CEO Evan Greenberg said in a letter to shareholders. 9 April 2018
Insurance
Maiden Holdings’ board of directors has retained BofA Merrill Lynch to assist the company in evaluating strategic alternatives to enhance the value of the enterprise. 9 April 2018
Insurance
The total transaction volume of insurtech merger and acquisitions (M&As) in Asia hit $460 million in 2017, more than three times that of 2016, as industry incumbents and new entrants to the market pushed towards greater digitalization, according to the fourth Quarterly InsurTech Briefing from Willis Towers Watson. 9 April 2018
Insurance
Bermuda-based property and casualty re/insurer Sompo International has appointed Jonathan Monks and Ben Tasse to strengthen broker/agent relations, business development strategies and interactions with key US distribution markets. 9 April 2018
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