Articles
Insurance
Australia-based Insurance Australia Group (IAG) expects claim costs of A$169 million ($120.2 million) from the latest Sydney storms fully eroding the deductible attached to the calendar 2018 aggregate cover. 21 December 2018
Insurance
Re/insurance legacy specialist Compre has received regulatory approval from IVASS, the Institute for the Supervision of Insurance in Italy, and all other relevant regulators for the acquisition of two portfolios from Assicurazioni Generali (Generali). 21 December 2018
Alternative Risk Transfer
The insurance-linked securities market continues to grow, with Bermuda leading the way, according to the latest report from the Bermuda Monetary Authority. 20 December 2018
Insurance
The disruptive impact of insurtech, consolidation and further severe cat losses dominate the worries of our readers as they reflect on 2018—but they also appear resigned to grappling with such difficulties as the market heads into 2019. Those were some of the findings of the Intelligent Insurer year-end online survey. 20 December 2018
Insurance
Investors demand everything from growth to investment in technology to diversity these days, and industry CEOs will have it tough in 2019. It is no wonder that the new year’s resolution of some execs is to retire. 20 December 2018
Insurance
Sonja Rottiers has been appointed as the CEO of Lloyd’s Brussels, replacing Vincent Vandendael who had been appointed to the post in May 2018. 20 December 2018
Insurance
More than $1.3 billion of insurtech funding was completed during the third quarter of 2018, double the figure from the previous quarter, according to Willis Towers Watson research. 20 December 2018
Alternative Risk Transfer
Reinsurance treaties with aggregate loss triggers are expected to be vulnerable to the November fire losses in California, following previous qualifying catastrophe events in 2018 that would have utilized some or all of their aggregate deductibles, Fitch Ratings said. 20 December 2018
Insurance
California-based TicketGuardian, an insurtech firm providing technology solutions for its wholly-owned insurance subsidiary, FanShield, has raised $8 million Series A funding led by American Family Ventures and IA Capital Group. 20 December 2018
Insurance
Assurant expects to record between $110 million to $150 million pre-tax, of fourth quarter 2018 reportable catastrophe losses in its global housing segment. 20 December 2018
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