Tag: reinsurance

MAPFRE RE strengthens its Tokyo office with Alberto Estévez Allegue appointment

Global reinsurer MAPFRE RE, known for its robust presence in the insurance and reinsurance industry, has announced the appointment of Alberto Estevez Allegue as chief representative officer of its representative office in Tokyo, Japan.

Northern Reinsurance announces new $75M committed capital raise

Northern Reinsurance SPC, a balance sheet reinsurer based in New York and Cayman, has successfully increased its committed capital by securing an additional $50m in funding.

Why Excel no longer makes the cut in modern insurance pricing

The insurance sector is grappling with a pricing tool dilemma. A significant 81% of insurers express doubts regarding the effectiveness of their current pricing technologies. One of the main culprits? Excel.

Boost Insurance launches Boost Re and full-stack captive-as-a-service offering

Boost Insurance, a prominent player in the insurance infrastructure sector, has just announced the launch of a new product, designed to enrich its comprehensive insurance-as-a-service stack.

Radian closes $353m mortgage insurance-linked notes transaction

Radian has bagged $353m in fully collateralised excess of loss reinsurance coverage through a transaction with Eagle Re 2023-1 Ltd.

InsurTech Boost and Canopius US join forces to bolster Insurance Programs

Boost Insurance, the innovative insurance infrastructure platform, has unveiled a strategic partnership with Canopius US Insurance Holdings, a subsidiary of Canopius Group.

Miller expands reinsurance offering with new APAC treaty team

Specialist (re)insurance broker Miller has announced a significant expansion of its offering through the establishment of a new treaty reinsurance team in APAC.

Inari bags $5.2m to revolutionise global insurance tech infrastructure

Inari, described as a "core technology infrastructure provider for the global insurance and reinsurance industry", has successfully secured $5.2m in a seed funding round. This was led by Caixa Capital Risc, operating through Criteria Venture Tech.

Climate-focused Demex bags $5m to transform the reinsurance market

The Demex Group, described as the innovators behind unprecedented reinsurance solutions tackling accumulating losses from secondary perils, has successfully garnered an investment of $5m.

Altamont bolsters new reinsurance broker Augment with $100m funding

Augment, a newly launched reinsurance broker, has recently made waves with an inaugural investment of $100m.

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