Articles
Insurance
Berlin-based insurtech firm Wefox Group has raised $125 million in its series B funding round led by a newly-formed European ventures fund Mubadala, with participation from Chinese investor Creditease, among others. 8 March 2019
Insurance
Despite the "burden of large losses" and a "challenging market environment" Hannover Re, the fourth largest reinsurer in the world, achieved its growth and profit targets for 2018. 7 March 2019
Insurance
Re/insurers must invest in developing in new and emerging markets if they are to grow amid a changing world order in terms of economic growth, according to the latest sigma report from Swiss Re Institute. 7 March 2019
Insurance
Hannover Re has appointed Silke Sehm to its executive board, in addition to changes in the responsibilities for property and casualty reinsurance. 7 March 2019
Insurance
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has appointed a new regional head of hull and marine liabilities (HML) in North America. 7 March 2019
Insurance
Lloyd’s Brussels, the new Brexit subsidiary of London-centred specialist re/insurance market Lloyd’s, has received authorisation to underwrite insurance and reinsurance risks located in Monaco. 6 March 2019
Insurance
Warren Buffett's Berkshire Hathaway Insurance Group has been granted a certificate of authorisation by the Central Bank of Ireland to operate as an insurer in Ireland and the European Economic Area (EEA). 6 March 2019
Insurance
Aon has partnered with insurtech firm Skytek to monitor insurers’ marine risks and identify areas that require enhanced underwriting and reinsurance in real time.The development was driven by the rise of major container ports and mega ships, which expose re/insurers to risk accumulation during a catastrophe. To manage this risk monitoring vessel movements and estimating cargo accumulation has become critical for insurers. 5 March 2019
Insurance
London-based insurtech Zego has launched in Spain, with the opening of a new office in Madrid, to offer flexible pay-as-you-go insurance products to scooter delivery riders and private hire vehicle fleets in the country. 5 March 2019
Insurance
AXA has revealed its plan to expand into a new market through a partnership with mobile phone insurance provider Pier Insurance. 4 March 2019
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