Articles
Insurance
The direct cyber incident losses for the Marriott breach will be between $200 million and $600 million, according to estimates by catastrophe risk modelling firm AIR Worldwide. 19 December 2018
Alternative Risk Transfer
Bermuda-based RenaissanceRe Holdings and Dutch pension fund manager PGGM are launching a new property catastrophe reinsurer called Vermeer Reinsurance to provide capacity focused on risk remote layers in the US property catastrophe market. 18 December 2018
Insurance
The underwriting process is converging with the risk management activities of insurers, Cole Winans, CEO of Flyreel, told Intelligent Insurer. 18 December 2018
Insurance
AXA is fully equipped to target some of the largest acquisitions on the legacy market, said Sylvain Villeroy de Galhau, CEO at AXA Liabilities Managers (AXA LM). 18 December 2018
Insurance
EPIC Holdings is acquiring the US operations of insurance broker and risk manager Integro Group Holdings. 18 December 2018
News
Though cyber risk is a distinctly global threat, the cyber insurance markets in the US and the EU have developed in different directions both in terms of products and pricing. This has consequences for players that are eager to take advantage of the significant growth potential of this line of business, as Intelligent Insurer discovers. 18 December 2018
Insurance
JLT Re (North America) has partnered with Pact Insurance, a personal auto insurtech company, to create a digital insurance solution to cover established and emerging mobility risks. 17 December 2018
Insurance
Munich Reinsurance America has appointed Michael Kerner as CEO for Munich Re Specialty Insurance, a new commercial insurance unit in North America. 17 December 2018
Insurance
Property/casualty insurer W.R. Berkley Corporation has led a more than $15 million investment round in artificial intelligence (AI) solutions startup Pypestream. 17 December 2018
Insurance
Re/insurance broker BMS Group is building out its Bermuda market operation with the hiring of George Bowring from Price Forbes and Kian Wookey from JLT. 17 December 2018
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