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The infancy of historical claims data is perhaps one of the biggest hurdles for cyber risk modelling, but the advent of probabilistic modelling is a step in the right direction and can help the industry better manage the risk globally. 24 October 2018
Insurance
The challenge of how to respond to insurtech is one of the biggest concerns of top executives in the industry, according to a survey conducted earlier this year by AdvantageGo, part of NIIT Technologies. 24 October 2018
Insurance
Phoenix 1 Re is the first ILS vehicle to be solely focused on Pan-Asian catastrophe risks. 5 January 2021
Insurance
Poor liquidity, under-pricing, under-reserving, and management and governance issues are among the main recurring issues that have caused, and still are causing, the failure of rated and unrated insurers, according to a report published by Standard & Poor's Ratings Services. 19 June 2013
Insurance
The board of Liverpool Victoria Friendly Society (LV=) has confirmed on Aug. 3 that it is in advanced discussions with Allianz regarding a potential sale of a "significant minority" stake in LV='s general insurance operation. 3 August 2017
Insurance
“The whole market wants Lloyd’s to succeed and it is widely recognised that Lloyd’s unique attributes are more relevant than ever today. We are not underestimating the size of the challenge ahead of us,” Daniel Revilla, head of Latin America at Lloyd’s, told FIDES Today. 10 September 2019
Insurance
Most reinsurers would like to lower their expense base—but new research suggests that those that spend more also achieve a better underwriting performance, Lewis Phillips of Litmus Analysis told Monte Carlo Today. 9 September 2019
Insurance
German-based Allianz Group has increased the size of its digital investment unit Allianz X, making it one of the largest corporate venture funds in Europe. 20 February 2019
Insurance
Bermuda-based James River Group Holdings has given notice of early cancellation of all insurance policies issued to Rasier - its largest customer and an affiliate of ridesharing company Uber Technologies. 9 October 2019
Insurance
HDI Global Specialty SE, a joint venture of Hannover Re and HDI Global SE, has strengthened its London contingency team with two new senior underwriting hires. 7 October 2019
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