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Munich Re is to acquire software company relayr via its subsidiary, Hartford Steam Boiler (HSB), as it looks to create new business models in the industrial Internet of Things (IoT). 4 September 2018
Insurance
China's reinsurers are investing in technology and systems to support a rapid expansion of nonmotor and, in particular, catastrophe insurance in the country. These business lines will help sustain growth, although they could expose the sector to more profit volatility. 4 September 2018
Insurance
The re/insurance industry has a real opportunity to drive a positive shift around global warming change via ESG strategies, says CCR Group’s Sébastien Jallet. 22 April 2022
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
Swiss Re’s solutions unit is dedicated to helping clients innovate and develop new products. 12 October 2020
Insurance
Tropical storm Harvey is slowly approaching Texas and could turn into a category 1 hurricane at landfall, data provider RMS said on Aug. 24. 24 August 2017
Insurance
Data analytics provider Verisk Analytics said on Aug. 24 that it has signed a definitive agreement to acquire risk insight provider LCI. 24 August 2017
Insurance
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon, has hired two senior executives from Guy Carpenter to boost its capital advisory and terrorism specialty divisions. 7 March 2018
Insurance
Markel almost doubled its net income in the second quarter of 2017, and enjoyed steady growth along its US and international business segments, partially offset by a dip in its reinsurance. 27 July 2017
Insurance
Hawaii has been hit with strong winds and torrential rain as Hurricane Lane approaches the US state, causing flash flooding and landslides, according to an Aug. 24 BBC News report. 24 August 2018
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