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Just 44 percent of US insurers have their reinsurance administered by a dedicated department, according to a survey conducted on behalf of Inpoint Services. 1 September 2010
Insurance
Carriers and brokers increasingly want their partners to help them leverage data and technology to make them more efficient and offer greater insights into the risks and claims they are grappling with. 4 June 2019
Insurance
In the event that the UK leaves the EU with no transition or implementation period before Lloyd’s transfers the European Economic Area (EEA) business to its Brussels subsidiary, Lloyd’s underwriters will continue to honour their contractual commitments including the payment of valid claims, according to a corporate statement. 11 October 2018
Insurance
Private equity firm Aquiline Capital Partners is acquiring US broker Relation Insurance Services from PE firms Parthenon Capital and Century Equity Partners. 22 February 2019
Insurance
Hannover Life Reassurance Company of America, the US unit of German reinsurer Hannover Re, has appointed Jeff Burt as new president. 22 February 2019
Insurance
Allianz Group's corporate insurance carrier has appointed new regional leader for its South American business from Zurich. 17 July 2019
Insurance
Berlin-based Next Big Thing (NBT), a startup incubator for the internet of things (IoT) services and blockchain technology, has raised €12 million in funding led by Talanx group's industrial insurer HDI Global. 10 April 2019
Insurance
Liberty Mutual revealed the new operating structure for its recently formed Global Risk Solutions business. 1 March 2018
News
Bermuda-based Third Point Re has swung to profit in the fourth quarter of 2017 and saw its full year 2017 results jump due to investment profits while underwriting produces losses. 1 March 2018
Insurance
As tropical Storm Barry moves towards New Orleans, weather forecasters are predicting that it could become a hurricane and then stall over land, meaning that rain, not wind, will be the main peril. 12 July 2019
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