Articles

Insurance

Lancashire issues Q3 profit warning after marine, cat losses

Lancashire Holdings has issued a profit warning for its third quarter 2018 results due to losses in its marine and catastrophe re/insurance portfolios.   8 October 2018

Insurance

CNA Hardy exits Lloyd’s property treaty/marine hull; senior duo departs

Specialist commercial insurer CNA Hardy has confirmed its plan to exit property treaty, marine hull and construction/erection all risks (CAR/EAR) business on the Lloyd’s platform.   8 October 2018

Insurance

Lockton Capital Markets hires experts for insurtech expansion

Broker Lockton has hired two financial services and technology experts from Citibank and Deutsche Bank for its recently launched capital markets unit.   8 October 2018

Insurance

Raschbaum receives $2.2m as he retires from Maiden

Former Maiden Holdings CEO Arturo Raschbaum has been awarded a lump-sum cash payment of $2.2 million as part of his retirement package.   5 October 2018

Insurance

AIG launches $6.1m lawsuit in Kim Kardashian robbery case: report

American International Group (AIG) has filed a lawsuit on Wednesday, Oct. 3 in Delaware against Pascal Duvier and his company Protect Security seeking $6.1 million in relation to the Kim Kardashian West robbery, according to BBC News and CNN reports citing court documents.   4 October 2018

Insurance

Insurtech Oscar partners with US benefits enrolment platform

New York-based Oscar Health, a technology-focused health insurance company, has partnered with online benefits enrolment platform for insurance brokers EaseCentral.   4 October 2018

Insurance

Munich Re partners with telematics firm for fleet risk reduction in the US

Munich Reinsurance America (Munich Re) has teamed up with online driver training provider and global risk management firm eDriving to offer companies with commercial fleets a driver risk reduction programme.   4 October 2018

Insurance

Parametric insurtech Jumpstart launches with earthquake coverage in US

Insurtech startup Jumpstart, a natural disaster insurance provider for renters and homeowners in the US, has officially launched with its first product offering in California.   4 October 2018

Insurance

AXA XL partners with insurtech Parsyl for marine offering

Re/insurer AXA XL has partnered with Denver, Colorado-based supply chain data platform Parsyl to offer enhanced marine risk prevention services.   3 October 2018

Insurance

Marsh to launch blockchain solution for gig economy

Broker Marsh is developing what it describes as the first blockchain-based verification solution for clients in the sharing and gig economies, in partnership with Evident.   3 October 2018

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