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Maiden surge leads broad P&C sector advance
Maiden Holdings shares climbed 8.8 percent today as the company outstripped a broad advance by the P&C sector as major US stock indexes rose to fresh records.
Ted Bunker
,
02 October 2017
Long Arc PE fund takes majority stake in Tinubu
A US private equity fund, Long Arc Capital, has acquired a majority stake in Tinubu Square, a developer of credit risk management systems, and provided a fresh infusion of funding.
Ted Bunker
,
02 October 2017
Blockchain initiative expands membership
Insurance industry blockchain initiative B3i is to more than double its membership, as reinsurers and brokers start to test the viability of the technology
Bernard Goyder
,
02 October 2017
Scor progresses plans for Iranian XoL cover
Negotiations between global reinsurer Scor and Iranian authorities appear to have taken a step forward, after Iran's insurance regulator hailed the "beneficial outcome" of recent conversations.
Charlie Thomas
,
02 October 2017
Heizmann named to run Everest European credit and surety
Everest Re Group has appointed Markus Heizmann as head of its Zurich-based credit and surety operation.
Charlie Thomas
,
02 October 2017
Everest Re gains approval for Dublin EU hub
Everest Re has secured in-principle regulatory approval for a Dublin-based subsidiary that will allow it to continue trading with the EU post-Brexit, the company said today.
Catrin Shi
,
02 October 2017
Farmers to claim full Irma toll from reinsurers
Farmers has revealed that its gross losses from Hurricane Irma of $140mn are "fully recoverable under Farmers' reinsurance programme".
Ted Bunker
,
02 October 2017
Global Bankers to buy Lincoln Benefit from Resolution
Global Bankers Insurance Group has agreed to buy Lincoln Benefit Life and affiliated entities from Resolution Life, which plans to consolidate its insurance business.
Ted Bunker
,
02 October 2017
Opinion: Small changes
Isn't it amazing how a simple solution can sometimes solve a seemingly intractable problem?
Charlie Thomas
,
02 October 2017
XL Catlin partners with AI start-up Cytora
XL Catlin's InsurTech unit has brought in artificial intelligence (AI) start-up Cytora as it looks to use technology to improve underwriting and identify new opportunities
Bernard Goyder
,
02 October 2017
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