Articles

Insurance

Tokio Marine partners with tech start-up incubator Plug and Play

Japanese property and casualty insurance group Tokio Marine Holdings has partnered with Singapore based Plug and Play's insurtech program.   21 August 2019

Insurance

Insured catastrophe losses at $19bn in H1 2019; Swiss Re highlights protection gap in emerging countries

Insured losses from global catastrophe events were estimated at $19 billion in the first half of 2019, mainly driven by secondary perils such as thunderstorms and flooding events, according to the new Swiss Re sigma report.   15 August 2019

Insurance

Australian reinsurance and binder broker Wickshire gains Lloyd's approval

Sydney-based independent reinsurance and binder placement broker Wickshire has been approved as a Lloyd’s of London broker.   15 August 2019

Insurance

Former Tokio Millennium Re CEO Hoshina joins risk trading insurtech AkinovA's board

AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has appointed founder and former CEO of Tokio Millennium Re Tatsuhiko Hoshina to join its advisory board.   15 August 2019

Insurance

Sedgwick creates new role to focus on Africa and Middle East expansion

Technology-driven risk solutions provider Sedgwick has hired Patrick Peters in a newly-created role to drive expansion across the Africa and the Middle East region.   15 August 2019

Insurance

M&A activity to continue as reinsurers grapple with challenging conditions, claims new report

Challenging business conditions, coupled with cheap financing in the debt market, will continue to fuel mergers and acquisitions (M&A) activity and drive consolidation in the global reinsurance market, according to a new report from Standard & Poor (S&P).   14 August 2019

Insurance

Brown & Brown buys US employee benefit firm Yozell

Broker Brown & Brown has acquired substantially all of the assets of employee benefits firm Yozell Associates in the US.   14 August 2019

Insurance

5 bold moves companies must make to join the insurance elite: McKinsey

Re/insurers with their sights set high must substitute old habits and ways of working with brave strategic thinking if they hope to join the ‘power curve’ club of top profit makers. Intelligent Insurer reports on significant new research from McKinsey.   13 August 2019

Insurance

Sompo International creates new team to tackle small business risks in US, Mexico and Asia

Bermuda-based specialty re/insurer Sompo International Holdings has formed a new team offering insurance solutions to smaller businesses in the US and Mexico, including its industry vertical and Asian interest accounts.   9 August 2019

Insurance

Commercial insurance rates see 'largest increase' in Q2 2019: Marsh

Global commercial insurance rates were up 6 percent in the second quarter 2019, marking the seventh consecutive quarter of price increases, new data from Marsh has revealed.   9 August 2019

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