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Opinion: Brexit boy scouts
"Be prepared" is a mantra that has served generations of boy scouts and girl guides well, and is one that the insurance industry should take to its heart as a damaged UK government staggers towards the start of Brexit talks
Laura Board
,
15 June 2017
InsurTech Sure raises $8mn
The InsurTech startup Sure has raised $8mn in a series A funding round led by New York-based investment firm IA Capital, the company said yesterday.
Bernard Goyder
,
15 June 2017
UPC Q2 losses exhaust cat agg retention
United Insurance Holdings estimates it has now hit the retention on its 1 January-placed catastrophe aggregate reinsurance programme after a series of events in the second quarter.
Ted Bunker
,
15 June 2017
Mango leaves Guy Carpenter
Guy Carpenter’s head of innovation and product development Don Mango is leaving the reinsurance broker, The Insurance Insider can reveal.
David Bull
,
15 June 2017
XL Innovate raises backing of IoT startup Notion
XL Group’s venture finance arm raised its investment in Notion, an Internet of Things (IoT) startup, contributing to a “series A” funding round that delivered about $10mn to the producer of remote home monitoring systems.
Ted Bunker
,
15 June 2017
CNA pulls affinity and MGAs into single unit
CNA Specialty is setting up a new unit to manage its MGA network and affinity insurance business.
Bernard Goyder
,
14 June 2017
AIG in EUR1bn bond offering
AIG is raising EUR1bn ($1.12bn) in the European fixed income market, the US P&C giant said in a stock exchange filing.
Bernard Goyder
,
14 June 2017
Munich Re lead reinsurer for Grenfell Tower carrier
Munich Re is the lead reinsurer for the Norwegian carrier Protector Forsikring ASA, which insures the Grenfell Tower in west London that was devastated by a fire on Tuesday night.
Catrin Shi
,
14 June 2017
Pipoly to stay on at AmTrust
US carrier AmTrust has agreed a new contract with former CFO Ron Pipoly, who is to continue as an executive vice president at the company
Bernard Goyder
,
14 June 2017
Belgium says more carriers to follow Lloyd’s to Brussels
More UK carriers will follow Lloyd's and QBE in establishing their EU subsidiaries in Brussels, according to a senior official at the Belgian Finance Ministry.
Laura Board
,
14 June 2017
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