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Hudson Structured leads $15mn investment in Goji
Mike Millett's Hudson Structured Capital Management (HSCM) has led a $15mn fundraise for Goji, an independent US online personal lines insurance agency.
Ted Bunker
,
17 November 2017
PartnerRe posts Q3 loss after $472mn cat bill
The catastrophe losses that have plagued the (re)insurance industry in the third quarter pushed PartnerRe to a $113mn operating loss for the period.
Dan Ascher
,
17 November 2017
Neon to pre-empt by 40% for 2018
Neon Syndicate 2468 is to increase its stamp by 40 percent to £385mn ($508.2mn) for 2018, sources have told this publication.
Catrin Shi
,
16 November 2017
Direct Group in Chelmsford move
Direct Group is moving its London market team to Chelmsford, a spokesman has confirmed
Bernard Goyder
,
16 November 2017
Eiopa reveals insurers’ lower quality bond portfolios
A report into the investment trends at European insurers has found that carriers are investing more in lower-rated fixed income and holding it for longer durations.
Charlie Thomas
,
16 November 2017
Wildfires drive Allstate October cat losses to $516mn
Allstate has estimated that it incurred pre-tax catastrophe losses of $516mn in October
Charlie Thomas
,
16 November 2017
MP files motion against IPT hikes in UK budget
Conservative MP Nigel Evans has filed an early day motion calling for a freeze on UK insurance premium tax (IPT) ahead of next week's autumn budget
Charlie Thomas
,
16 November 2017
Compre agrees Allianz legacy deal
European legacy acquirer Compre has agreed to purchase a portfolio of assumed reinsurance liabilities from Allianz Versicherungs AG for an undisclosed sum.
Catrin Shi
,
16 November 2017
Mapfre Re to open in Tokyo
Mapfre's reinsurance business, Mapfre Re, is opening a representative office in Tokyo
Catrin Shi
,
16 November 2017
Axis to exit two lines of business written out of London
Axis has decided to cease writing international onshore energy and US excess casualty business out of its London offices, The Insurance Insider can reveal.
Charlie Thomas
,
16 November 2017
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