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46-60 of 1138 results
FCCI Insurance selects Guidewire's solution to replace manual underwriting processes
Commercial property and casualty (P&C) provider FCCI Insurance Group has selected Guidewire Software’s Underwriting Management as its new cloud-based underwriting workstation for its commercial line of business.
Reinsurance > News
Everest Re to act as anchor investor in HSCM’s insurance technology strategy
By IBR Staff Writer
Everest Re Group has agreed to invest across various of Hudson Structured Capital Management's (HSCM) investment funds, including as the anchor investor in newly-created insurance technology strategy that is due to be launched in early 2018.
Reinsurance > News
Elliott and Wand Partners to buy Prosperity Life Insurance
By IBR Staff Writer
An investor group including hedge fund manager Elliott Management and insurance-focused private investment company Wand Partners have agreed to acquire Prosperity Life Insurance Group from its current majority shareholders, including funds managed by Reservoir Capital Group and Black Diamond Capital Partners.
Reinsurance > News
Argo Group acquires Italian insurer Ariscom
Argo Group International, an international underwriter of specialty insurance and reinsurance products, has acquired Italian specialty insurer Ariscom.
Reinsurance > News
Prudential to sell £12bn of UK annuity portfolio to Rothesay Life
By IBR Staff Writer
British multinational life insurance and financial services firm Prudential has agreed to divest £12bn of UK annuity portfolio, covering 400,000 policyholders, to Rothesay Life.
Reinsurance > News
XL Catlin to join InsurTech Asia Association as founding member
By IBR Staff Writer
Global insurer and reinsurer XL Catlin, via its Catlin Singapore unit, is joining the InsurTech Asia Association as one of its founding members.
Reinsurance > News
Centerbridge-led consortium completes $952m acquisition of Canopius
By IBR Staff Writer
A private equity consortium led by Centerbridge Partners has completed the $952m acquisition of Canopius from Sompo Holdings.
Reinsurance > News
Sava Re buys majority stake in Energoprojekt Garant a.d., Belgrade
Sava Re has acquired the majority shareholding in Energoprojekt Garant a.d., Begrade, for an undisclosed sum
Reinsurance > News
Sanlam to buy remaining stake in Saham's insurance business for $1.05bn
By IBR Staff Writer
South African financial services group Sanlam will acquire the remaining 53.37% stake in Saham Group's insurance business for $1.05bn.
Reinsurance > News
FICO Cybersecurity Insurance Dashboard offers underwriters modeling and analysis tools
FICO announced that the FICO Enterprise Security Score is the first cybersecurity rating to include powerful risk assessment and modeling capabilities to help insurers make better underwriting, pricing and portfolio decisions, and meet profitability targets for their cyber book of business.
Reinsurance > News
Greenlight Capital Re launches new innovation unit
Property and casualty reinsurance company Greenlight Capital Re has launched Greenlight Re Innovations, its new innovation unit, which will be headed by the company's COO Michael Belfatti.
Reinsurance > News
MassMutual to sell majority stake in Japanese subsidiary to Nippon Life
By IBR Staff Writer
MassMutual International has agreed to sell 85.1% stake in it is Japanese subsidiary, MassMutual Japan, to Nippon Life for JPY104.2bn ($935m).
Reinsurance > News
Sompo International to launch new European specialty insurance underwriting operation
Sompo International said that it will launch a new European specialty insurance underwriting operation initially focusing on management liability, professional indemnity and financial institutions lines of business.
Reinsurance > News
Asta Capital completes sale of Pelican Underwriting to MUM
Asta, a third party managing agent at Lloyd’s, has sold its managing general agent (MGA) Pelican Underwriting One Limited (Pelican), which trades as Pelican Underwriting, to Manchester Underwriting Management (MUM).
Reinsurance > News
BIBA, Lloyd’s and ABIT join Tech City UK’s Insurtech Board
By IBR Staff Writer
Tech City UK’s fintech delivery panel has created a new subgroup with a particular focus on insurtech and innovation.
Reinsurance > News
46-60 of 1138 results