News
Insurance
Verisk, a data analytics provider, has launched Black Box 3 (BB3), a new solution available in parts of Canada, Europe, Australasia, and Asia, that helps insurers underwrite risks posed by travellers with pre-existing medical conditions. 9 January 2019
News
Liberty Mutual Re, part of Liberty Mutual Insurance Group, has appointed Uwe Haug as head of underwriting strategy and business development for its global financial risks reinsurance business. 8 January 2019
Insurance
NAGICO Group, one of the largest privately-owned general insurance companies in the Caribbean, renewed a substantial excess of loss treaty with Swiss Re on Jan 1 – and, in a symbolic gesture, signed the deal at sea. 8 January 2019
News
Speciality re/insurer Brit owned by Fairfax Financial Holdings has made a significant investment in Sutton Special Risk, a managing general underwriter (MGU) specialising in accident & health business, in a deal that offers Brit exposure to more business in the US and Canada. 8 January 2019
Insurance
The Amynta Group, which comprises a number of warranty, managing general agent (MGA) and specialty risk companies, has acquired ClearView Risk Holdings, a MGA and wholesale brokerage, that controls over $200 million of premium. 7 January 2019
Insurance
Arthur J. Gallagher & Co will acquire specialist UK insurance broker Stackhouse Poland Group in a deal expected to close in the first quarter 2019. 7 January 2019
Insurance
Allianz Global Corporate Specialty has partnered with POP Insurance Holdings, an Australia-based specialist insurance group, to launch a new managing general agent (MGA) focused on mergers & acquisitions transactions across the Asia Pacific region. 4 January 2019
News
QBE’s UK operations have started using artificial intelligence to help its underwriters make better decisions when selecting and pricing risks, something it claims also allows its UK customers to purchase cover more quickly and effectively. 3 January 2019
News
Insurance Australia Group (IAG), which buys one of the biggest catastrophe reinsurance programmes in the world, has again increased the size of its programme to buy some A$9 billion ($6.3 billion) of coverage for 2019 - A$1 billion more than the year before. 3 January 2019
Insurance
WR Berkley Corporation has made three senior appointments – two are internal promotions while it has also hired a senior executive from Chubb. 3 January 2019
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