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Wefox raises $110mn in Omers-led funding round
The Canadian pension fund makes its first foray into InsurTech with the investment in the Berlin company.
Bernard Goyder
,
11 December 2019
Axa XL hires environmental liability duo
Odette Novoa and Erica Delaney join the insurer’s New York office.
John Hewitt Jones
,
11 December 2019
Bruce Kelley to step down as EMC CEO
Scott Jean will become president and treasurer in January 2020 before assuming the role of CEO in March.
John Hewitt Jones
,
11 December 2019
Munich Re backs cyber MGA Celerity Pro
The MGA will initially write mid-market cyber and professional liability business.
John Hewitt Jones
,
11 December 2019
AIG still has 'a lot to do' on property book: Zaffino
Speaking during a conference in New York, the executive said said P&C pricing into 2020 would remain “disciplined".
Bernard Goyder
,
11 December 2019
ABI will accept ‘misguided’ Ogden rate change
The industry association opts not to seek a judicial review over the UK government’s slender 0.5 point increase to the discount rate.
Laura Board
,
10 December 2019
CV Starr takes lead on world’s largest aviation placement
The Civil Aviation Administration of China account has an annual premium volume of about $85mn.
John Hewitt Jones
,
10 December 2019
Chaucer pairs with InsurTech Qomplx for SME parametric product
The product features fixed payment for a terrorism event within the insured’s post code, irrespective of physical damage.
Anna Sagar
,
10 December 2019
LSM exits London energy liability market as Henderson departs
Amid challenging conditions, the carrier said it did not see a long-term future in the class.
Bernard Goyder
,
10 December 2019
WR Berkley $600mn cat renewal placed on Tremor platform
The auction platform expects an active renewal season with an additional $1bn of limit committed from traditional treaty and facultative reinsurance programmes.
Sofia Geraghty
,
10 December 2019
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