Articles

News

Aon bolsters cyber leadership to boost growth, innovation

Broker Aon has promoted Catherine Mulligan and Luke Foord-Kelcey within its reinsurance solutions business to strengthen its suite of cyber products for insurers.   31 August 2018

Insurance

Facebook evidence helps AXA win fraud case against boxing champion

French insurer AXA has won a fraud court case in the UK against three-time Home Counties boxing champion Conroy Downer by using Facebook evidence.   31 August 2018

Insurance

US P&C sector operating return up 8% in H1

US property/casualty (P&C) re/insurers have improved operating returns by 8.0 percent year on year in the first half of 2018 after an increase of 6.8 percent in the same period of 2017, according to Fitch Ratings.   31 August 2018

Insurance

Lemonade, Metromile, Root struggle to reach underwriting profits

The venture-backed full-stack US insurtech startups continued to show rapid premium growth in the second quarter of 2018 with moderately lower underwriting losses but they have yet to generate a sustainable loss ratio under 100 percent, according to “The Second Quarter in InsurTech Start-up Financials” by Matteo Carbone.   29 August 2018

Insurance

Aspen takeover may fail in case of large cat loss

The takeover of Aspen Insurance Holdings by alternative investment manager Apollo may fail if the Bermuda-based insurer is hit by large cat losses.   29 August 2018

News

Peak Re expands Asian business in H1

Hong Kong-based Peak Reinsurance Company has significantly expanded gross written premium in the first half of 2018 as it expands in Asia.   29 August 2018

Alternative Risk Transfer

Hiscox Re & ILS appoints new North America chairman

Specialist global insurer Hiscox has promoted Ross Nottingham to chair of North America for Hiscox Re & ILS.   29 August 2018

Insurance

Insurtech CyberCube taps Swiss Re veteran for board

Cyber risk analytics provider CyberCube has appointed Matthias Weber, the former group chief underwriting officer (CUO) of Swiss Re, to its board of directors.   29 August 2018

Insurance

$2.6bn Aspen deal latest in insurance M&A frenzy

Alternative investment manager Apollo is paying $2.6 billion to buy Bermuda-based Aspen Insurance Holdings and take the insurer private in what is the latest development in a string of insurance deals.   28 August 2018

Insurance

Allstate pays $525m to acquire InfoArmor

US personal lines insurer Allstate Corporation is acquiring employee identity protection provider InfoArmor for $525 million in an all-cash transaction.   28 August 2018

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