Articles

Insurance

Sompo International unveils new unit in Luxembourg

Bermuda specialty re/insurer Sompo International Holdings has unveiled a new subsidiary in Luxembourg, which will cover business written in Continental Europe and have branches in Belgium, France, Germany, Italy, Spain and the UK.   4 September 2018

Insurance

Capsicum Re hires cyber security specialist

Specialist reinsurance broker Capsicum Re has bolstered its cyber team with the appointment of Conrad Williams.   2 October 2017

Insurance

ILS goes global, starts to mature

After the 2017 and 2018 cat losses, investors are more cautious and seeking better returns. But with new ILS hubs emerging globally, the future of this market looks bright, Craig Smith of Deutsche Bank told Monte Carlo Today.   8 September 2019

Insurance

A year to consolidate and invest

Four years since the launch of UnipolRe, the Dublin-based reinsurer backed by Italian insurer UnipolSai Assicurazioni, chief executive Marco Sordoni explains to Monte Carlo Today why the reinsurer is seeking deeper relationships with clients and is investing in its infrastructure.   8 September 2019

Insurance

Environmental risks are biggest ESG factors for insurers and reinsurers, especially in Asia-Pacific, Fitch heat map reveals

Environmental risks are the biggest ESG factor for insurers and reinsurers, and Asia-Pacific is the region of most concern.   17 September 2019

Insurance

Maiden to sell North America reinsurance operations

Maiden Holdings is in advanced discussions regarding the sale of its wholly-owned subsidiary, Maiden Reinsurance North America (MRNA) to a third party.   30 August 2018

Insurance

Bought By Many co-founder unimpressed by Amazon insurance plan

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

Insurance

Munich Re-backed insurtech Wrisk receives FCA authorisation

App-based insurtech managing general agent (MGA) Wrisk has received full authorisation from the Financial Conduct Authority (FCA).   6 December 2017

Insurance

Fitch expects P&C rates to increase from HIM losses, other lines less certain

Hurricanes Harvey, Irma and Maria (HIM), along with earthquakes in Mexico and California wildfires could result in 2017 being a record year for insured cat losses, according to Fitch Ratings' 'European Reinsurance Dashboard - 3Q17 Results'.   16 November 2017

Insurance

AXA launches ridesharing insurance offering

French insurer AXA has designed a new car insurance cover in collaboration with ridesharing platform BlaBlaCar.   29 May 2018

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