Hints and tips:
Related Special Reports
...European co-ordinator at Insure our Future Lindsay Keenan said Munich Re’s decision sent a message to the insurance industry and energy companies that they could struggle to find cover if they do not “align...
...The initiative, to be unveiled this week, will allow the IFC to enlarge its own lending capacity by farming out part of the risk to six insurance companies: Munich Re, Liberty Mutual, Aspen, AXA XL, Everest...
...This is not Onex’s first foray into insurance — it has also backed Ryan Specialty and York Risk Services....
...co-head Amit Dixit to head of Asia private equity....
...Then he co-founded Redemption Roasters, a specialty coffee company with five London shops, a wholesaling operation and a prison roastery....
...“Axa XL had a strong quarter of selective growth, growing in P&C insurance and specialty lines while maintaining underwriting discipline in reinsurance,” he said....
...Stumbling blocks: The French insurer Axa has suspended investment in XL Innovate, one of its corporate venture arms, reports The Insurance Insider....
...According to Clyde & Co’s figures, M&A activity in the insurance sector jumped 9 per cent last year, with 382 completed deals....
...directors agreed to amend Fetch’s key underwriting contract with XL Insurance....
...Alex Humphreys, a partner at Apollo, said: “We look forward to working with Aspen to build on the existing high quality specialty insurance and reinsurance business and we aim to leverage Apollo’s resources...
...One of those entrepreneurs is Ami Daniel, co-founder and CEO of Windward....
...The former boss of Asda, ex-chairman of Royal Mail, now in the hot seat at the Co-op....
...Mr Turek says Citi is now executing a co-ordinated plan so it can service clients through Brexit with minimal disruption....
...The relentless pressure of the insurance world claimed another victim on Monday as Bermuda’s XL Group succumbed to a $15.3bn cash offer from France’s Axa....
...In the insurance world, the US’s State Farm has just begun testing a blockchain platform for processing auto claims....
...Some of the proceeds of the IPO will be used to fund the XL deal....
...Tsana Nobles, former head of global strategy, investments at XL Catlin, joined as chief risk officer....
...A variation on that theme is for the insurer to set up a venture capital fund to invest in start-ups that look promising, opening the way for co-operation down the line....
...And why the wave of insurance M&A is likely to have further to go....
...largest insurance company....
...It turns out the younger brother of the company's co-chairman has played a major role from the shadows....
...Outside of the B3i world, MS Amlin, XL Catlin, Willis Towers Watson and others have developed a new blockchain system for marine insurance that will go live next year....
...Haas will serve as the global co-chair of the firm’s real estate practice....
...Loan portfolios are best grown slowly, says Mr Senturia, who is now advising a handful of fintechs and specialty finance companies....
...Yet one in 20 space launches ends in failure, according to XL Catlin, an insurance underwriter, and delays are common due to technical challenges and bad weather....
International Edition