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Munich Re Ventures and Amazon back $60mn Acko funding round
The US tech giant has participated in three rounds at the Indian start-up, which is valued at around $500mn.
Anna Sagar
,
28 September 2020
NFP targets UK acquisitions as it unifies British brand
The US broker has bought the general insurance firm Ernest R Shaw.
Bernard Goyder
,
26 September 2020
Monte Carlo Rendez-Vous organisers confirm dates for September 2021
The reinsurance convention will take place between 11 to 16 September “subject to the health situation”.
Anna Sagar
,
25 September 2020
Hiscox Syndicate 33 dropped from Lloyd’s light-touch cohort
Sources said the flagship syndicate failed to meet top-performer requirements.
Rachel Dalton
,
25 September 2020
Ark in advanced talks with White Mountains on $800mn equity raise
The insurance holding company sold out of its P&C balance sheet assets in 2015 and 2017.
Adam McNestrie
,
25 September 2020
Marine market leaving behind ‘antiquated’ annual contracts: Iumi
Work is underway to develop contracts that respond in real time to client needs.
Samuel Casey
,
25 September 2020
The Week in 90 Seconds: Covid-19 spats; M&A opportunities; D&O woe
Reinsurers' response to pandemic-related BI claims came into focus, while start-ups continued to be spawned and takeover deals pursued.
Rachel Dalton
,
25 September 2020
Axa XL international FL head Powell to leave amid London portfolio review
D&O is a major focus of the remediation work, with new business halted and a number of accounts expected to be non-renewed.
Samuel Casey
,
25 September 2020
Allianz hires former AIG international GI chief Townsend
The executive is to take over all global insurance lines including AGCS and Euler Hermes.
Rachel Dalton
,
25 September 2020
Mishcon calls on FCA to enforce Hiscox BI payments
Hiscox Action Group lawyers demand the regulator uses powers to speed up interim payments.
Rachel Dalton
,
25 September 2020
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