Reinsurance
Lloyd’s Approves New Insurance Group Inigo to Start Underwriting in January
Inigo Ltd., the new London insurance group that has raised $800m in start-up capital from a group of blue chip global investors, announced that it has received approval in principle from the ...
More Emerging Risks for 2021: Insurance Costs for Violence Unclear
When I wrote about emerging issues facing the property/casualty insurance industry for Carrier Management early in 2020 I stated, "Insurers and reinsurers face numerous emerging issues arising from: ...
Biodiversity Loss Among ‘Very Top Risks’, Warns AXA Executive
AXA Group's chief risk and investment officer, Alban de Mailly Nesle is required to ponder myriad dangers to the Paris-based insurer and its 830 billion-euro ($995 billion) asset management arm. He ...
The 2020 Atlantic Hurricane Season Was One for the Record Books
A record-setting Atlantic hurricane season that saw the highest number of named storms officially came to a close Monday. The National Oceanic and Atmospheric Administration said the 2020 Atlantic ...
UK-Based Reinsurer Conduit Holdings Sees Stock Rise After $1.1B London IPO
Reinsurer Conduit Holdings Ltd. rose as it started trading in London after a 826 million-pound ($1.1 billion) initial public offering, the second largest by a British company on the London Stock ...
Executives On The Move at BHSI and AXIS Re
Berkshire Hathaway Specialty Insurance named an insurance industry veteran to lead its downstream energy property insurance underwriting in Europe. AXIS Re hired a new head of its Japan business.
Broker AmWINS Eyes Bermuda Expansion With New Acquisition
AmWINS Group, Inc. has agreed to buy International Specialty Brokers Ltd. a Bermuda-based wholesale insurance and reinsurance broker. AmWINS, a North Carolina-based global broker focused on specialty ...
Private Equity Investors Pelican Ventures, J.C. Flowers Complete Ariel Re Deal
Private equity investors Pelican Ventures and J.C. Flowers & Co. have completed their acquisition of Ariel Re from Argo Group. Ariel Re underwrites a global portfolio of reinsurance products in ...
Evolving COVID BI Case Strategy: Convince Judge Virus Is Present
Policyholder attorneys pursuing COVID-19 business-interruption claims are hoping to persuade judges to accept a premise that many Americans appear to doubt: The novel coronavirus is physically ...