Articles

Insurance

Paul Jardine joins insurtech AkinovA's board

Former XL Catlin veteran Paul Jardine has joined the advisory board of insurtech startup AkinovA.   15 November 2018

Insurance

Swiss Re provides capacity on structured solar deal

Swiss Re Corporate Solutions has provided the risk capacity for a so-called Solar Revenue Put, a credit enhancement that guarantees up to 95 percent of a solar project’s expected energy output, which has also been described as a new type of insurtech potentially worth billions.   15 November 2018

Insurance

PartnerRe posts Q3 loss but enjoys solid growth

PartnerRe’s third quarter results were hit hard by losses from Typhoons Jebi and Trami and Hurricane Florence as well as losses on its investment portfolio though its CEO was upbeat as its non-life unit reported an underwriting profit in the first nine months of the year.   15 November 2018

Alternative Risk Transfer

Hiscox unveils reshuffle in reinsurance, ILS including hire from Ariel Re

Specialist insurer Hiscox has made three new appointments within its reinsurance and insurance-linked securities (ILS) division, including a new hire from Ariel Re.   15 November 2018

Insurance

Marsh unveils new digital broker Bluestream

Broker Marsh has launched a cloud-based digital broker platform for the affinity market.   15 November 2018

Insurance

Blockchain initiative B3i cooperates with RiskBlock Alliance

B3i, the blockchain insurance industry initiative, is cooperating with RiskBlock Alliance in the development and setting of data standards for the insurance industry.   15 November 2018

Insurance

Brexit deal’s focus on equivalence ‘unfortunate’ for insurers and brokers

The chief executive of the London and International Insurance Brokers’ Association (LIIBA) has voiced concerns regarding the draft Brexit agreement reached by the UK and European Union.   15 November 2018

Insurance

Antares partners with insurtech Concirrus to increase profitability at Lloyd's

Antares, a Lloyd’s managing agent and member of the QIC Group, has partnered with London-based insurtech Concirrus to drive data-driven underwriting at Lloyd’s.   14 November 2018

Insurance

California fires risk $18bn property reconstruction cost

The Camp and Woolsey fires in Northern and Southern California are putting 48,390 homes at high or extreme risk of wildfire damage with a total reconstruction cost value (RCV) of approximately $18 billion, according to data provider CoreLogic.   13 November 2018

Insurance

Marsh combines specialty unit with JLT, reshuffles management

Marsh is combining the specialty teams of Marsh and Jardine Lloyd Thompson Group to create the Marsh-JLT Specialty unit, effective upon closing of the transaction between Marsh’s parent company, Marsh & McLennan Companies (MMC) and JLT.   13 November 2018

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