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AXIS CEO: Third party capital means ‘opportunity’ to offer cheaper reinsurance
Insurance
Third party capital can help reinsurers lower the cost of capital and therefore coverage and this should be seen as an attractive business opportunity, according to AXIS Capital CEO Albert Benchimol.   16 February 2018
Insurance
Specialty insurer Brit has received principle approval from the Lloyd’s Franchise Board to launch a new syndicate.   26 September 2016
Insurance
Explaining what big data is, how it can be used and its benefits to regulators is an important issue for the property/casualty industry—not least to dispel the notion that insurers use such information to their own ends and not to benefit customers, Kurt Bock, the incoming chair of the PCI’s board, told PCI Today.   16 October 2017
Insurance
Bermuda’s re/insurers are expected to fund a quarter or more of approximately $100 billion in aggregate insured losses from the recent nat cat events, according to preliminary estimates from the Association of Bermuda Insurers & Reinsurers (ABIR).   11 October 2017
News
On the back of expansion through acquisitions, an upgrade, investments in technology and solid organic growth, Sava Re is heading into this year’s renewal season in a buoyant mood, says CEO Marko Jazbec.   10 September 2018
News
The industrial internet of things (IIoT) market is already estimated to be worth $146 billion, and that’s expected to grow to $232 billion in the next five years, according to researchers.   6 September 2018
Insurance
Bernstein analysts expect US nat cat prices to increase by an average of 10 percent and US commercial property to go up by on average 5 percent as a result of insured losses caused by Hurricane Irma, Harvey and Maria.   4 October 2017
Insurance
Munich has overtaken London as the European leader of insurtech, but there’s still hope for London to take back its crown.   28 September 2017
Alternative Risk Transfer
The insurance-linked securities market is looking forward to 2017 with cautious optimism after recovering from a rollercoaster of a year in 2016, according to Paul Schultz, CEO of Aon Securities.   15 December 2016
Insurance
UK insurer Aviva has announced the sale of its 50 percent shareholdings in life insurance and pension joint ventures Unicorp Vida and Caja España Vid, as well as its retail life insurance business Aviva Vida y Pensiones, to Santalucía. The total consideration of the transaction is €475 million.   10 May 2017

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