Allianz in Uber tie-up; Assured Partners acquires SW broker; BGL and Covea to launch new direct brand; and Twelve Capital/Eos unveil insurtech focused growth fund
Post wraps up the major insurance deals, launches and investments of the week
Insurtech Inshare is seeking to bring peer-to-peer risk and insurance management to the commercial community as it gears up to launch ahead of the Insurtech Connect event in Las Vegas next week.
As economies in the Middle East diversify, new opportunities for insurers and reinsurers are beginning to show themselves. Is the London Market taking full advantage?
If only online retailers worked in the same way as price comparison sites and insurers.
Halal Insure has recently launched sharia-compliant household insurance covers. Its CEO Faizal Karbani speaks to David Worsfold about his hopes for takaful insurance in the UK.
This week we unveiled the long-awaited shortlist for the British Insurance Awards.
With more than three million Muslims in the UK, there has long been a feeling that sharia-compliant insurance products should find a market but the reality has proved the opposite. So far, every attempt to establish a takaful insurer in the UK domestic…
Singapore-headquartered ACR Capital Holdings, owner of Asia Capital Re, has completed the purchase of stakes in two businesses for undisclosed sums.
The Islamic Insurance Association of London has called for brokers to better meet their Muslim clients’ needs by offering Shariah compliant products.
Cobalt is to launch Lloyd’s first fully Shariah compliant syndicate, having received 'in principle' approval from the Lloyd's Franchise Board.
Zurich has expanded its presence in Malaysia with the acquisition of takaful insurer MAA Takaful for MYR525m (£90m).
Shariah compliant insurance provider Cobalt Insurance Holdings has received an investment boost from Bermuda-based Armour Group Holdings.
Moves by the London market to embrace the provision of Islamic insurance products will provide a boon to local markets and customers, according to the CEO of the Dubai Islamic Economy Development Centre.
The Islamic Insurance Association of London (IIAL) will hold its first conference with the Islamic insurance and risk community in Dubai next Sunday (8 November) to see how the sector can move to the next level.
Cobalt Underwriting founder Richard Bishop talks to Post about why he launched London’s first Islamic insurance managing general agent – and why London needs to stay relevant.
Shariah-compliant managing general agent Cobalt Underwriting has been selected as the preferred insurer for the £3bn London Paramount Entertainment Resort in Kent, Post can reveal.
AIG has made 'clear statement' on behalf of the London insurance market that it is keen to make London a leading global centre for Islamic finance, according to Cobalt Underwriting CEO Richard Bishop.
XL Group has extended its support for Shariah compliant managing general agency, Cobalt Underwriting, by adding fine art & specie coverage to its suite of products. The insurer already provides cover for property, construction and financial lines.
XL Group has extended its Shariah compliant capacity to financial lines products across financial institutions, professional indemnity and management liability.
Willis has launched the UK's first Shariah compliant commercial real estate insurance solution.
QBE is the second insurer to provide capacity to Shariah-compliant MGA Cobalt underwriting.
MetLife has reached an agreement with Malaysia's AMMB Holdings, which owns the fifth largest bank in Malaysia, to form a strategic partnership involving AmLife Insurance Berhad and AmFamily Takaful Berhad.
In an outlook report, Fitch Ratings believes the requirement for composite insurers to segregate operations into life and general insurance units could mean further consolidation in the market.
The government's insurance growth action plan could provide a much needed boost to the UK's commercial Islamic insurance market, according to PwC's Mohammad Khan.