Articles

Insurance

NFIP reinsurers may face total loss due to Harvey

Reinsurers providing the National Flood Insurance Program (NFIP) with flood reinsurance protection could suffer a total loss given the magnitude of Harvey flooding, Fitch said on Aug. 30.   31 August 2017

Insurance

‘Buoyant’ M&A outlook for 2022 driven by innovation and automation

Re/insurers are looking to buy, fund and partner with insurtechs to gain competitive advantage.   14 February 2022

Insurance

Munich Re's ERGO partners with AI-powered insurtech FRISS to improve claims process

Insurtech FRISS, a provider of artificial intelligence-based fraud and risk solutions for the property/casualty (P&C) insurance industry, has partnered with Munich Re company ERGO Germany.   28 August 2019

Insurance

Axis Re calls time on the industry’s worst run for 15 years

Re/insurers must be disciplined if they are to survive, says Arora.   19 October 2020

Alternative Risk Transfer

ILS market faces natural pause in pipeline

The insurance-linked securities (ILS) market is facing a possible brief doldrum in 2019, before reviving in the second half of the year, according to Paul Schultz, chief executive of Aon Securities.   29 March 2019

Insurance

Castel launches division for niche underwriters; forestry specialist joins

Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has introduced a specialty division to support individual underwriters who have smaller books of niche business.   3 October 2016

Insurance

Aviva takes majority stake in Munich Re-backed insurtech Neos

UK insurer Aviva is acquiring a majority stake in connected home insurer Neos Ventures, a London-based insurtech startup backed by Munich Re.   22 November 2018

Insurance

Aegon appoints new chairman of supervisory board

Netherland-based insurance group Aegon has elected William Connelly as the next chairman of its supervisory board as Robert Routs decided to step down at the next annual general meeting of shareholders (AGM) in May 2018.   15 December 2017

Insurance

ABI and Swiss Re warn of Brexit threat to London at Fitch event

Though much has been done to ensure a smooth Brexit transition for the UK insurance sector, leaders in the industry warned that EU subsidiaries could take business from London “very quickly” after Brexit.   25 January 2019

Alternative Risk Transfer

Secondary ILS market could generate price discounts

Increased trading in the secondary insurance-linked securities (ILS) market will offer many benefits to the reinsurance industry, such as a more detailed view of appropriate pricing.   30 January 2015

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