Markel Launches Bermuda Retrocessional ILS Platform, Lodgepine Capital Management September 12, 2019 Markel Corp. announced the launch of Lodgepine Capital Management Ltd., its new retrocessional Insurance Linked Securities (ILS) fund manager in...
Dorian Drowned People Taking Refuge in Attics with Its Storm-Surge of 20-25 Feet September 12, 2019 By Michael McDonald and Ezra Fieser Teams of dog handlers from the U.S., Canada and Belgium are uncovering more and more dead bodies among the debris...
Cyber Risk Modeling Company Kovrr Raises $5.5 Million September 12, 2019 Kovrr, a Tel Aviv-based predictive cyber risk modeling company, announced a $5.5 Million financing round. The funding round was led...
U.K. Insurer RSA Merges Commercial Risk Solutions, Global Risk Solutions Businesses September 12, 2019 By L.S. Howard RSA UK & International has merged its Commercial Risk Solutions (CRS) and Global Risk Solutions (GRS) businesses to create a...
ARAG, Morrison Insurance Solutions Launch Coverage for FosterTalk Legal Guardians September 12, 2019 Leading legal expenses insurance provider ARAG plc has developed a product with specialty insurance broker Morrison Insurance Solutions to offer...
AXA XL Appoints Zurich’s Tello to Lead New Captive Insurance Practice in Canada September 11, 2019 AXA XL has launched a local captive practice in Canada which will be led by expert Alonso Y. Tello. Tello’s...
DARAG Buys Zurich’s German Architects & Engineers Professional Indemnity Portfolio September 11, 2019 DARAG Group Ltd., the Malta-based legacy acquirer, announced it has reached an agreement with Zurich Insurance plc to acquire Zurich’s...
Aspen Appoints Kotch from Validus as Chief Information Officer September 11, 2019 Aspen Insurance Holdings Ltd. announced that Mary Kotch has been appointed chief information officer, with immediate effect. Kotch has more...
Insurance Linked Securities in 2019: Asking the Right Questions September 11, 2019 By Paresh Thakrar The record losses we saw in 2017 and 2018 were felt heavily by the insurance industry, and there is no...
3 Industry Veterans Relish Fresh Start for Their Latest Legacy-Free Ventures September 10, 2019 By L.S. Howard Although the insurance market is awash with capacity and competition, two new specialty companies—a re/insurer and a broker—formed earlier this...