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Consumption tax hike and ongoing global trade tensions could create pressure 13 November 2019
Insurance
Operational and legal complexities, as well as preparing for the tight reporting window for breach notification are the main challenges that re/insurers have met on their path toward complying with the implementation of the EU’s General Data Protection Regulation (GDPR) effective May 25, 2018. 23 May 2018
Insurance
Specialty managing general agent (MGA) Nexus Group said that Charles Penruddocke has joined as non-executive deputy chairman of Nexus CIFS and Equinox Global in a Nov. 2 statement. 3 November 2017
Alternative Risk Transfer
Artex Risk Solutions has confirmed it will acquire Bermuda-based Horseshoe Insurance Services Holdings which it said will “significantly strengthen” its insurance-linked securities (ILS) operations. 3 October 2019
Insurance
The on-demand product enables drone pilots to set coverage through mobile devices. 13 February 2020
Insurance
American International Group (AIG) has completed its acquisition of Bermuda-based Validus Holdings after receiving regulatory and shareholder approvals. 18 July 2018
Insurance
Ascent Underwriting, a specialist managing general agent (MGA) underwriting on behalf of a number of Lloyd’s Syndicates, has appointed Mark Bowers as claims director with immediate effect. 10 April 2017
Insurance
Metromile’s technology is expected to save Tokio Marine millions of dollars. 12 February 2020
Insurance
American International Group (AIG) has renamed its legacy reinsurance portfolio DSA Re as Fortitude Group Holdings (Fortitude Re) following the completion of an acquisition of a 20 percent stake in the unit by private equity firm Carlyle Group. 14 November 2018
Insurance
The FY20 net perils outcome benefited from over A$700 million of reinsurance recoveries. 7 August 2020
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