Update: UK Regulator Files Expedited Appeal in Business Interruption Test Case September 29, 2020 By Huw Jones and Carolyn Cohn Britain’s financial regulator said on Tuesday it had filed for an expedited appeal in a business interruption test case against...
MGA New Paradigm Aims to Bridge the Natural Catastrophe Protection Gap September 29, 2020 By L.S. Howard Evan Glassman saw a gap in the property insurance market—literally. Glassman, working as a retail producer in south Florida for...
Envelop Risk Paves the Way as Insurtech Reinsurance MGA September 29, 2020 By L.S. Howard Managing general agents for reinsurance are rare. Reinsurance MGAs that write cyber are even rarer, which is the world that...
Reinsurance Experience in Africa, Asia Sets MGA Tempo Underwriting Apart September 29, 2020 By L.S. Howard Tom Bailey, executive director of Tempo Underwriting, has a theory about what it takes to build a business based on...
Finding Niches: Reinsurance MGAs Carving Out Special Market Slices September 29, 2020 By L.S. Howard Reinsurance managing general agents are a rare breed as opposed to their more prevalent insurance-focused counterparts. The successful reinsurance MGAs...
American Financial Group Agrees to Sell Run-Off Lloyd’s Insurer Neon to RiverStone September 28, 2020 American Financial Group Inc. announced it has reached a definitive agreement to sell GAI Holding Bermuda and its subsidiaries, comprising...
Munich Re Subsidiary NewRe Names Braune as CEO, Succeeding Strasser September 28, 2020 New Reinsurance Co. Ltd., a wholly owned subsidiary of Munich Re, announced that its board of directors appointed Dr. Thomas...
Beazley Expands Life Sciences Insurance Offering in UK September 28, 2020 Specialist insurer Beazley has enhanced its life sciences insurance offering in the UK with the launch of a new policy...
Insurer Ping An Taps Rising Demand for Chinese Assets with Offshore Management Arm September 28, 2020 By Bloomberg News Ping An Insurance (Group) Co., China’s largest insurer by market value, is tapping growing global demand for Chinese assets to...
UK Insurer LV= Says Talks Continue with Number of Parties About Possible Merger September 28, 2020 UK insurance company Liverpool Victoria said it remains in talks with a “number of parties” about a possible transaction after...