Articles
Alternative Risk Transfer
Re/insurer AXA XL has revealed that Chris McKeown, the former CEO of New Ocean Capital Management, has stepped down from his role as vice chairman to pursue other interests outside the company. 2 April 2019
Insurance
American International Group (AIG) has appointed Rich Baich as senior vice president, chief information security officer. 2 April 2019
Insurance
US-based property/casualty insurer The Hartford has launched a new directly-managed network of insurance partners, backed by a global technology platform, to enhance its multinational capabilities. 29 March 2019
Insurance
As US aircraft manufacturer Boeing announced software upgrades to its 737 Max planes, it remained unclear how far this fix could mitigate the potential losses for the global insurance industry. 28 March 2019
Insurance
Fannie Mae, the US government-backed financial institution that provides liquidity to the US mortgage markets by buying mortgages from lenders, has completed a multi-tranche credit insurance risk transfer (CIRT) transaction that covers a pool of $11.7 billion of multifamily loans. 28 March 2019
Insurance
US-based insurtech platform Slice Labs has launched a new business unit, called Slice Mind, that combines artificial intelligence (AI), machine learning and behavioural psychology to predict insurance risk and make recommendations. 28 March 2019
Insurance
Centene Corporation and WellCare, two big players in the US government-sponsored health insurance programme, have announced that they are merging in a deal worth $17.3 billion. 28 March 2019
Insurance
Broker Marsh has launched a new programme, called Cyber Catalyst, that brings together a number of leading insurers to evaluate cybersecurity offerings and address major cyber risks, such as data breach, business interruption, data theft or corruption, and cyber extortion. 27 March 2019
Insurance
Arch Capital-backed Bermuda re/insurer Watford Holdings expects to start trading on the Nasdaq Global Market on March 28, having filed its registration statement with the US Securities and Exchange Commission. 27 March 2019
Insurance
Berlin-based artificial intelligence (AI) powered insurtech start-up omni:us has appointed Joost Heideman as strategic advisor to help drive the company’s global expansion plans. 25 March 2019
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