Sentry Insurance to buy The General in $1.7bn deal
Sentry Insurance has unveiled its plan to acquire The General from American Family Insurance by paying nearly $1.1bn in cash. …
13 Sep 2024
Tokio Marine Kiln appoints marine underwriter in APAC
Tokio Marine Kiln has appointed Stephanie Hong as marine underwriter in APAC with immediate effect. Hong is a marine insurance specialist and brings more than two decades of marine experience…
13 Sep 2024
Gallagher expands in Bermuda with new specialty insurance business
Global insurance company Gallagher has introduced a new specialty insurance business in Bermuda, aimed at providing tailored insurance solutions to clients within the region. The move is set to capitalise…
13 Sep 2024
Core Specialty Insurance expands into contract surety market
Core Specialty Insurance has announced its expansion into the contract surety market, marking an extension of its surety offerings. This move follows the establishment of its surety division as part…
13 Sep 2024
Sedgwick secures $1bn investment from Altas Partners
US-based claims management and technology-enabled business solutions provider Sedgwick has obtained a $1bn equity investment from private equity company Altas Partners. The transaction values Sedgwick at around $13.2bn, up from the…
13 Sep 2024
CelsiusPro powers Tower’s parametric insurance platform
Tower, a New Zealand insurer, has entered a partnership with climate and natural catastrophe risk insurtech company CelsiusPro. The collaboration has resulted in the launch of an IT platform designed…
12 Sep 2024
Cytora and Mitiga collaborate to boost climate risk resilience
Digital risk processing platform Cytora has partnered with Mitiga, a provider of science-based climate risk intelligence. The partnership will mean insurers have access to EarthScan’s asset-level climate risk intelligence data…