Articles

Insurance

AXIS introduces thermal coal and oil sands underwriting and investment policy

AXIS Capital Holdings (AXIS Capital) has introduced a new policy addressing thermal coal and oil sands-related underwriting and investments.   17 October 2019

Insurance

Sompo merges US units into global insurance platform SIH

Sompo International Holdings (SIH) has completed the transfer of the Sompo America companies’ business operations and staff into its own Bermuda-based platform.   2 February 2018

Insurance

US cyber premium reach $2.1bn

US stand-alone and package cyber premiums combined grew by 54 percent year on year to $2.1 billion in 2017 while the direct loss ratio for standalone cyber insurance declined, according to Fitch Ratings.   10 May 2018

Insurance

Beazley unveils new PI offering for large law firms

Specialist insurer Beazley has launched the Beazley Global Lawyers Consortium to provide professional indemnity insurance to large law firms based in the UK.   18 July 2018

Insurance

US life/annuity holdings of structured notes on the rise – AM Best

The industry increased its holdings in structured notes by one-third over a three-year period   26 November 2019

Insurance

Sompo launches nat cat model for Australia

Specialty re/insurer Sompo Canopius and Sompo Japan Nipponkoa Insurance (SJNKI) have launched a natural catastrophe risk model for North-West Australia offshore installations.   15 May 2017

Insurance

Munich Re seeks 'digital transformation' with Coupa partnership

German reinsurer Munich Re has partnered with business spend management (BSM) provider Coupa Software to transform its procurement and related processes with its first global source-to-pay system.   21 February 2019

Insurance

Convex partners with insurtech Cytora for AI-powered commercial underwriting solution

Stephen Catlin and Paul Brand's newly launched specialty re/insurer Convex Group has partnered with UK-based insurtech Cytora to develop artificial intelligence-powered solutions for the commercial insurance industry.   15 July 2019

Insurance

CCRIF pays $7.0m to Trinidad & Tobago for excess rainfall

Caribbean catastrophe facility CCRIF said on Oct. 30 that it is paying out $7.0 million to Trinidad & Tobago from its excess rainfall policy following a period of heavy rainfall between Oct. 18 and Oct. 20, 2017.   31 October 2017

Insurance

Gallagher bolsters UK construction practice

Broker Gallagher has strengthened its UK construction division within the speciality business with the appointment of Julie Scott.   9 August 2018

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