Growth Initiatives
ACE Launches Info Website in UK & Ireland For Employer Liability Clients
Ace Group developed a new website designed to give its employer liability clients in the U.K. and Ireland access to a wide range of data and services. The property/casualty insurance giant frames the ...
Munich Re Steps Into U.S. Private Flood Insurance Market
Munich Re's U.S. arm sees growth potential in the private flood insurance market. The German reinsurer is launching a personal lines inland flood insurance product targeted at giving more options to ...
AmTrust Expands With Plans to Snatch Up Dutch Reinsurer for $167.9M
AmTrust Financial Services is snatching up a Dutch reinsurer of surety and trade credit insurance for more than $167.9 million. The multinational insurance holding company said it will pay at least ...
EXOR to Buy PartnerRe for $6.9B; AXIS Gets $315M Breakup Fee
PartnerRe, after fighting for months against an unsolicited bid from the Italian investment firm EXOR, has finally relented, agreeing to its overtures to buy the Bermuda-based reinsurer for $6.9 ...
Lloyd’s of London Plans to Expand into Malaysia in Emerging Market Push
Specialist insurance market Lloyd's of London said on Thursday it planned to apply for an onshore reinsurance license and open an office in Malaysia, as part of its push into emerging markets. ...
ACE Unveils Post-Chubb Merger North American Management Team
ACE may have announced plans to acquire Chubb for $28 billion only a few weeks ago, but it has already designated a post-merger leadership team for the North American Insurance operations of the ...
ACE Moves to Larger Singapore Space as Asia Expansion Continues
ACE Group said it moved to larger space in Singapore to help facilitate continued expansion in the Asia Pacific Region. Specifically, ACE's new operations entail 38,500 square feet housing more than ...
Data-for-Doughnuts Vision Inspires Auto Insurers to Chase Google
The restaurants and doughnut shops you pass on your commute would love to predict when you'll be driving by. Your auto insurer may already know—and could be looking for a way to profit from that ...