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Specialty underwriter Markel posted a net loss of $174.8 million for the first quarter of 2018 after a net profit of $223.2 in the same period a year ago, driven by a change in accounting rules and foreign exchange losses. 25 April 2018
Insurance
Broker Willis Towers Watson (WTW) made three senior appointments within its corporate risk and broking segment to strengthen its broking platform. 25 April 2018
Insurance
AI-powered insurtech firm Lemonade Insurance Company has partnered with peer to peer marketplace Roomi, which aims to make it safer and easier to find room rentals, sublets, and roommates. 25 April 2018
Insurance
Bermuda-based R&Q Investment Holdings unit Accredited Surety & Casualty Company has closed a programme underwriting partnership with Renaissance Managing General Agency. 25 April 2018
Insurance
Specialist broker Alesco Risk Management Services has hired Willis' Martin Hiller as chairman of its UK construction team. 23 April 2018
Insurance
The Managing General Agents’ Association (MGAA) has established a dedicated group to drive innovation and greater collaboration in the MGA sector. 23 April 2018
Insurance
Re/insurance broker Miller has expanded its credit and political risks unit with the hiring of Marsh and RKH Specialty executives, Oscar Moseley and Rosie Denee, in London. 20 April 2018
Insurance
Coverfox, an online insurtech startup based in Mumbai, has raised $22 million in Series funding, led by International Finance Corp (IFC) and Transamerica. 20 April 2018
Insurance
AXIS Re, the reinsurance arm of Bermuda-based AXIS Capital Holdings, has appointed AIG's Megan Thomas as chief underwriting officer, responsible for product and portfolio management within AXIS Re. 18 April 2018
Insurance
Munich Re has appointed Angela Homm as global CFO of its subsidiary Digital Partners, which was established by the German reinsurer in 2016 to explore insurtech opportunities and partner with the industry disruptors. 18 April 2018
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