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InsurTech MGA Loadsure nets $11mn in Series A funding
The embedded insurance specialist for the cargo market now plans to accelerate the development of its proprietary smart technology.
Marcel Le Gouais
,
10 March 2022
Hannover Re Q4 P&C re profit almost doubles to EUR451mn
The unit profited despite large losses over 2021 of EUR1.1bn.
Rachel Dalton
,
10 March 2022
Japanese cat renewals stabilise after post-typhoon turmoil
Wind XoL rate increases are tapering off, while cedants push for commission increases on quake quota-shares.
Rachel Dalton
,
10 March 2022
Axa XL makes Bewlay reinsurance CEO as Cooper steps down
The new chief joined XL Catlin in 2017 and previously worked for Swiss Re and CV Starr.
Rachel Dalton
,
09 March 2022
Desire to grow top line should not trump profitability: IGI’s Waleed Jabsheh
The IGI president said the carrier would continue to diversify and grow amid “healthy” market conditions.
Luke Harrison
,
09 March 2022
Howden shuffles management as it preps for Aston Lark acquisition
As part of the changes, Chris Evans has been promoted to deputy CEO, a new position.
Luke Harrison
,
09 March 2022
WTW hires Singh as head of climate analytics and exposure management
Singh had managed Lloyd’s catastrophe risk appetite prior to joining MS Amlin.
Martha Muir
,
09 March 2022
Sompo International strategically restructures insurance business
As part of the revamp, Michael Chang has been named global head of customer and distribution.
Luke Harrison
,
09 March 2022
IAG claims A$95mn of aggregate reinsurance cover after floods
The insurer has used up about 40% of its aggregate reinsurance limit, after quota share impacts.
Fiona Robertson
,
09 March 2022
UK aviation insurers have until 28 March to cancel all Russian policies
The new sanctions, which came into force at 17:00 UK time yesterday, give insurers until 28 March to cancel all existing direct or indirect contracts with Russia.
Aisling Finn
,
09 March 2022
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