Articles
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
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
Insurance
A collaboration between insurers and IoT service providers is key to enable companies to interpret the huge amount of data available, model and price risks more accurately. 23 June 2017
Insurance
Local developments in China and India have primed both economies for substantial onshore capacity growth, according to a September 2017 Moody’s report covering reinsurance in Asia, China and India are Primed for Onshore Capacity Growth. 31 October 2017
Alternative Risk Transfer
Novae, the specialist listed Lloyd’s insurer and Securis Investment Partners, the insurance-linked securities (ILS) fund manager have launched a new special purpose syndicate (SPS). 24 November 2015
Insurance
Randall and Quilter Investment Holdings (R&Q) said on Oct. 30 that it has reached an agreement with ProSight Specialty Insurance (ProSight) to novate the management of Syndicate 1110 (S1110) to R&Q Managing Agency Limited (RQMA). 30 October 2017
Insurance
In the wake of what may be record levels of catastrophe losses in North America, demand for quota shares is on the rise, Jorg Bruniecki, head of global clients & broker management at PartnerRe, told Baden-Baden Today. 25 October 2017
Insurance
Recent nat cat losses will lead to rate increases worldwide, and not only on the loss-affected accounts, Bob Mellor, head of international property at MS Amlin, told Baden-Baden Today. 25 October 2017
Insurance
Recent nat cat events illustrate the value of post-event data collection and aggregation, Luzi Hitz, of PERILS, told Baden-Baden Today. 25 October 2017
Insurance
The continued soft market is the biggest concern during this renewals season, according to respondents to Intelligent Insurer’s Baden-Baden 2017 survey, a response that shows that despite the heavy losses in the US in recent months, negotiations in Europe may not involve rate increases to the extent some would like. 25 October 2017
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