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Lemonade, Metromile, Root struggle to reach underwriting profits
Insurance
The venture-backed full-stack US insurtech startups continued to show rapid premium growth in the second quarter of 2018 with moderately lower underwriting losses but they have yet to generate a sustainable loss ratio under 100 percent, according to “The Second Quarter in InsurTech Start-up Financials” by Matteo Carbone.   29 August 2018
Insurance
Traditional aviation insurance policies are unlikely to address all elements of emerging risks from the rapidly increasing use of drones and general liability underwriters will have an important role to play in providing cover, according to a new report from the International Underwriting Association (IUA).   29 January 2018
Insurance
Lloyd's broker Endeavour Insurance Services has appointed the founder of PIB and EC3 Brokers Chris Giles as non-executive chairman.   19 December 2017
Insurance
XL Catlin has introduced an accident and health (A&H) solution, ‘Protect and Assist’, which is designed to help UK businesses protect its employees and meet duty and care needs against emerging risks and heightened security threats.   20 April 2017
Insurance
Re/insurer XL Catlin has expanded its US Southeast regional broker and client management unit by hiring Arden Young as its new client distribution leader.   30 August 2017
Insurance
Allianz, AXA, Aviva, Generali, Mapfre and Zurich—each one is the flag carrier for its country, with a reputation synonymous with its home insurance market.   1 September 2010
Insurance
Insurance industry experts, policy makers, scientists and environmentalists gathered at Lloyd’s of London on November 29 to address the rise in nat cat events during the 2017 Atlantic hurricane season.   30 November 2017
Insurance
US underwriters need a more detailed understanding of flood risk if they are to capitalise on the growing private insurance market, according to global flood mapping specialist JBA Risk Management.   14 February 2017
Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has formed a reinsurance expert committee to review the current regulatory framework for the market.   9 May 2017
Insurance
Bermuda-based specialist global insurer Hiscox has appointed Louise Dennett to the newly-created role of director of finance change.   13 February 2017

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