News

Insurance

Global reinsurance capital falls 5% in 2018, finds Willis Re

Capital earmarked for the global reinsurance industry fell by 5 percent in 2018, according to analysts at Willis Re.   23 April 2019

Insurance

Insurer Axa pledges €10m to rebuild fire ravaged Notre-Dame

French insurer Axa has pledged €10m to the fund to rebuild Notre-Dame de Paris after a devastating fire broke out at the cathedral on Monday 16 April. French firefighters managed to save the two large stone bell towers from collapse and many of the precious items inside the building were rescued. However, the damage to the roof and spire was extensive.   17 April 2019

Insurance

Enstar to reinsure Zurich's $500m US asbestos portfolio

Bermuda-based insurance group Enstar has signed an agreement with Zurich Insurance Group to reinsure its US asbestos and environmental liability insurance portfolios.   17 April 2019

Insurance

Insurtech Cytora secures £25m Series B for AI-powered commercial underwriting solution

UK-based insurtech Cytora, a provider of AI-powered solutions for the commercial insurance industry, has raised £25 million funding to expand its product suite and scale into new geographies.   17 April 2019

Insurance

Tokio Marine Kiln brings AXA XL underwriters to build A&H book

Specialist and corporate insurer Tokio Marine Kiln (TMK) has hired two underwriters from re/insurer AXA XL to expand its accident & health (A&H) book of business in the global market.   11 April 2019

Insurance

CEO of Axa UK & Ireland Claudio Gienal launches strategy rethink; talks XL deal

With six months under his belt as CEO of Axa UK & Ireland, Claudio Gienal has started a strategy revamp to take the business into the future.   8 April 2019

Insurance

MS&AD's Mitsui Sumitomo creates new global digital hubs in innovation strategy

Mitsui Sumitomo Insurance (MSI), a subsidiary of Japanese insurance group MS&AD, has set up two digital hubs in Tokyo and Singapore to support the company's digital transformation strategy.   8 April 2019

Insurance

Gallagher appoints John Thompson as CEO of UK specialty and wholesale

Broker Gallagher has appointed John Thompson as chief executive officer (CEO) of the UK’s specialty London market and wholesale businesses.   8 April 2019

Insurance

TigerRisk adds Guy Carpenter MD Kevin Feldman as partner

Reinsurance broking and risk/capital management firm TigerRisk has appointed Guy Carpenter's Kevin Feldman as a partner.   8 April 2019

Insurance

Ariel Re swoops for Tokio Millennium Re hire to build marine & energy operations

Ariel Re, a subsidiary of Bermuda-based Argo Group, has hired its new head of marine and energy, reinsurance from Tokio Millennium Re.   8 April 2019

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