InEvo Re completes reinsurance transactions with two new UK insurance clients

InEvo Re, a Bermuda Class E life and annuity reinsurer, has completed two reinsurance transactions with two new UK insurance clients. According to the firm, the transactions are evidence of its “leading position” in the UK funded reinsurance market, and reflect its expanding capacity to deliver complex, tailored solutions to insurers across international markets. Alex…

Read More

Munich Re’s $3.2bn long-term care reinsurance transaction with Manulife now in-force

The previously announced deal between Munich Re’s US life reinsurance subsidiary, Munich American Reassurance Company (Munich Re Life US) and Manulife Financial Corporation, which sees the former assume the biometric risk on a USD 3.2 billion block of the latter’s long-term care policies, is now in-force. Manulife highlighted that this deal aligns with its ongoing…

Read More

Skyward Group brings AV specialised coverage to US primary market

Skyward Group, the unified specialty insurance organisation whose operating businesses include Skyward Specialty and Apollo, has expanded ibott’s autonomous vehicle (AV) expertise directly into the US primary market, adding a complete suite of solutions and products for the rapidly evolving mobility sector. The move extends specialised coverages across the entire AV ecosystem, targeting commercial exposures…

Read More

Philip Frerks and Andrea Karkotis join Gallagher’s PEMA practice

Gallagher, the global insurance broking and risk management company, has announced two appointments within its Private Equity and M&A (PEMA) practice in Germany and the Netherlands as it continues its European expansion. Philip Frerks has been appointed Head of Transaction Solutions, Germany, within the global multidisciplinary PEMA practice. Based in Frankfurt, Frerks will lead Gallagher’s…

Read More

Mosaic launches European political violence coverage with €100m capacity

Mosaic Insurance, a specialty insurer focused on complex and emerging risks, has widened its international footprint into Continental Europe, underwriting political violence risks out of Germany with up to €100 million in dedicated capacity. Tailored coverage applies to a full spectrum of commercial, industrial and residential property risks associated with acts of terror and sabotage,…

Read More