News

Alternative Risk Transfer

SCOR returns to London market for new $250m catastrophe bond

French reinsurer SCOR has returned to the London market for its latest $250 million catastrophe bond to protect itself against losses from named storms and earthquakes in the US and Canada, and windstorms in Europe.   3 June 2019

Insurance

Zurich seeks growth in Asia Pacific as it closes A$2.85bn Australian life acquisition

Zurich Insurance Group has completed the acquisition of ANZ’s life insurance business OnePath Life in Australia for A$2.85 billion ($2 billion), becoming the country’s largest retail life insurer.   3 June 2019

Insurance

AM Best moves Greenlight Re outlook to 'negative' over underwriting profitability concerns

Rating agency AM Best has revised the outlook of Cayman Islands-based reinsurer Greenlight Capital Re to negative from stable, expressing concern over its "negative underwriting performance".   3 June 2019

Insurance

Tasker Insurance Group boosts specialist broking capabilities with Hobbs acquisition

Tasker Insurance Group (TIG) has acquired specialist broker Hobbs Broking (Hobbs Associates) as part of strategy to further accelerate its growth plans.   3 June 2019

Insurance

IGI joins global insurance and reinsurance network GBN Worldwide

Specialist commercial re/insurer International General Insurance (IGI) has joined GBN Worldwide, the global insurance network of insurers, reinsurers, independent brokers and specialty suppliers.   29 May 2019

Insurance

Lockton hires Gallagher and Willis execs in regional growth strategy

Re/insurance broker Lockton has hired senior Gallagher and Willis executives as it it looks to grow its presence across the North of England and Midlands.   24 May 2019

Insurance

AmWINS MGA Unicorn expands property capabilities with new hire

US-based global broker AmWINS Group and parent of THB Group, a specialist insurance and reinsurance broker, has appointed Matt Edwards as lead underwriter, property specialty in its London-based MGA Unicorn Underwriting.   24 May 2019

News

Wind, hail and wildfire: are cat models up to scratch?

Recent catastrophes have revealed that some nat cat models might not be as up to date as they could be. Intelligent Insurer reports.   23 May 2019

Insurance

MDP and HPS funds take minority equity stake in UK-broker Ardonagh Group

Two investment funds have agreed to buy a £92million ($117 million) stake in independent broker the Ardonagh Group.   21 May 2019

Insurance

Sompo swoops for Amlin's Pützer as head of financial lines in Germany

Bermuda-based specialty re/insurer Sompo International Holdings has hired Udo Pützer to join the company’s European insurance platform as head of financial lines insurance, Germany.   21 May 2019

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