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MGA platform K2 Insurance Services to be sold
The San Diego-based MGA Platform is expected to be sold to PE firm for an estimated $300mn to $400mn.
Laura Sanicola
,
17 April 2019
Spate of severe storms continues in US
More storms are expected after tornadoes tore through Texas, Pennsylvania and Ohio.
Bernard Goyder
,
17 April 2019
European Parliament gives nod to financial supervision reforms
Insurance Europe welcomed the changes, which were watered down following accusations of an EU power grab.
Laura Board
,
16 April 2019
Securis co-founder Procter joins Akinova investment round
Rob Procter will also join Akinova’s advisory board.
Lucy Jones
,
16 April 2019
Scandinavian insurers report 12% uptick in hull premiums
Gard retains its position as largest Nordic hull insurer by premium volume.
John Hewitt Jones
,
16 April 2019
Progressive Q1 net profit jumps 50%
Written premiums swelled by 16 percent as the carrier expanded into new commercial lines.
John Hewitt Jones
,
16 April 2019
Biba appoints TMK executive to new role
Alastair Blundell will join as head of general insurance.
Anna Sagar
,
16 April 2019
PRA demands business plan oversight in underwriting crackdown
The regulator also becomes the first supervisor to lay out expectations for managing and disclosing climate change risk.
Laura Board
,
16 April 2019
Activist targets look to insurance to defray costs
A firming D&O market is making insurers think twice about granting activism-related coverage extensions.
Christie Smythe
,
16 April 2019
Structural changes to sidecars could help attract investors
Early paying of premiums could draw in capital, panellists told a Trading Risk event.
Fiona Robertson
,
16 April 2019
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