Articles
News
The reinsurance industry has been disrupted through competition from alternative capital and is now seeking new pools of risk, according to a panel discussion at the 2018 Insurtech Insights June 19 and 20 conference in London. 27 June 2018
Insurance
Japan’s property/casualty insurer Tokio Marine is looking for acquisitions in Asia with a $9 billion war chest as potential deals in Europe and the US become expensive, Reuters reported citing CEO Tsuyoshi Nagano. 26 June 2018
News
Reinsurance broker JLT Re has hired senior executives from RSA and Guy Carpenter to expand JLT FAC, its facultative reinsurance division that focuses on property, construction and casualty. 26 June 2018
Insurance
New amendments to Rhode Island’s Voluntary Restructuring of Solvent Insurers Law and the Rhode Island Protected Cell Companies Act will make run-off transactions easier to execute, and will open the door to a $100 billion market in US transactions via books of legacy business, according to consultancy firm Pro Global. 26 June 2018
Insurance
Berlin-based start-up Coya has been granted an insurance license by the German Federal Financial Supervisory Authority (BaFin). 26 June 2018
Insurance
US insurtech firm Lemonade grew the business by 1,000 percent year on year in the first six months of 2018 but now wants to reduce the growth pace and address its loss ratio, which doesn’t work well, as the company’s co-founder Shai Wininger wrote in a blog. 21 June 2018
Insurance
Specialist and corporate insurer Tokio Marine Kiln (TMK) is in the process of reshaping its accident & health (A&H) department so that it aligns more effectively with the company's longer-term strategic direction. 21 June 2018
Insurance
The growing level of connectivity in the world as more and more devices join the internet of things will pose a challenge for the insurance industry, according to Wolfram Schultz, global practice group leader, liability heavy industries and manufacturing at Allianz Global Corporate & Specialty. 21 June 2018
Insurance
Data analytics provider Verisk has acquired claims management solution Provider Validus-IVC. 21 June 2018
Insurance
The world is changing at an increasingly fast pace, Mark Anquillare, executive vice president and chief operating officer at Verisk, told delegates at the opening of the Verisk Risk Symposium in London today. 21 June 2018
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