Articles
Insurance
California is set to prohibit insurers to cancel or refuse to renew a policy based solely on the fact that the insured structure is located in the area of a declared state of emergency and forces insurers to hand over fire-related data to authorities. 30 August 2018
Insurance
AXIS Insurance, the insurance business segment of Bermuda-based AXIS Capital Holdings, has appointed James Hamilton to the newly-created role of global head of accident & health (A&H) insurance. 30 August 2018
Insurance
SCOR Global Life, the international life and health subsidiary of French reinsurer SCOR, has partnered with Health Longevity (HLI), a genomics-powered health intelligence company. 30 August 2018
Insurance
Ashmere Insurance Company (AIC), a Florida-based workers’ compensation specialty insurance company placed itself into voluntary runoff after learning that its reinsurance treaties could not be renewed. 30 August 2018
Insurance
Amazon’s rumoured plan to set up an insurance price comparison service is unlikely to cause much impact in the insurance industry and there would be far more disruptive opportunities for Amazon to enter the market, insurtech Bought By Many co-founder Steven Mendel, told Intelligent Insurer. 30 August 2018
News
Rumours of Amazon's impending entry into the UK insurance market have been circulating for at least 2 years; the news that it plans to set up a price comparison service, therefore, comes as something of an anti-climax, says insurtech Bought By Many co-founder Steven Mendel. 30 August 2018
Insurance
The venture-backed full-stack US insurtech startups continued to show rapid premium growth in the second quarter of 2018 with moderately lower underwriting losses but they have yet to generate a sustainable loss ratio under 100 percent, according to “The Second Quarter in InsurTech Start-up Financials” by Matteo Carbone. 29 August 2018
Insurance
The takeover of Aspen Insurance Holdings by alternative investment manager Apollo may fail if the Bermuda-based insurer is hit by large cat losses. 29 August 2018
Alternative Risk Transfer
Specialist global insurer Hiscox has promoted Ross Nottingham to chair of North America for Hiscox Re & ILS. 29 August 2018
Insurance
Cyber risk analytics provider CyberCube has appointed Matthias Weber, the former group chief underwriting officer (CUO) of Swiss Re, to its board of directors. 29 August 2018
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