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European non-life and life insurers engaged in less merger and acquisition (M&A) activity in 2016 than in either of the preceding two years, according to AM Best. 10 April 2017
Insurance
Re/insurers faced natural catastrophe losses of $45 billion in 2013 – 22 percent lower than the ten-year average of $58 billion and the lowest total since 2009, according to Aon Benfield’s Impact Forecasting. 14 January 2014
Insurance
AkinovA hosted its first ‘Ask The Experts’ private event and Q&A evening in May, bringing together some of the insurance, forensics, capital markets, modelling and legal industries’ leading experts on cybersecurity. Bermuda:Re+ILS summarises some of the points made at the event. 24 July 2020
Insurance
California-based insurtech start-up Trov has closed $45 million in Series D funding led by Munich Re through its venture capital arm HSB Ventures. 7 April 2017
Awards
The award for the overall reinsurance broker with more than $1 billion in revenue went to Guy Carpenter, based on the methodology explained below. 14 September 2014
Insurance
Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has promoted Simon White to senior vice president (SVP) of its privacy, professional and technology (PP&T) product line. 9 March 2016
Insurance
French insurer AXA has announced that its Asia CEO Jean-Louis Laurent Josi has stepped down from his executive responsibilities and is leaving the company by year-end. 29 June 2017
Insurance
The frequency and intensity of the most “strong to extreme” storms are expected to increase while projections also reveal that the earth is likely to see an increase in the frequency and intensity of most of the other weather phenomena including severe thunderstorms, wildfires, inland floods and coastal floods. 29 June 2017
Insurance
Artificial intelligence (AI) and the internet of things (IoT) accounted for almost half of total investment in insurtech startups globally in 2016, according to consultancy firm Accenture. 31 March 2017
Insurance
A major event on reinsurers’ asset side or an unexpected massive loss event is needed to reverse a decline in rates, as capacity is unlikely to shrink any time soon, according to participants in a panel discussion organised by Fitch Ratings ahead of the Monte Carlo Rendez-Vous. 12 September 2016
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