Articles
Insurance
London-based insurtech Kinsu, which provided insurance for laptop, phones, bicycles, and other home contents, has announced that it is exiting the market "after an awesome year of fundraising". 29 March 2019
Insurance
US-based commercial insurance provider CNA has appointed Gregg Fergot as vice president, underwriting, leading the company's technology segment and implementing its strategic and operational objectives. 28 June 2017
Insurance
Specialist insurer Beazley has expanded its team focused on US management liability risks with the appointment of underwriter Jason Lowney. 28 June 2017
Insurance
Helios Underwriting is set to acquire Dumasco, a limited liability member of Lloyd’s (LLV), for £2.5 million, as it continues its strategy of increasing underwriting capacity through acquisition. 9 July 2014
Alternative Risk Transfer
Pool Re is looking to issue insurance-linked securities (ILS), having exhausted traditional reinsurance capacity, Pool Re CEO Julian Enoizi, told Monte Carlo Today. In April 2018, it selected GC Securities as its ILS advisor and placement agent. 11 September 2018
Insurance
Lincoln Financial Group has introduced online chat capabilities called ‘Ask Abe’ that are able to help customers with instructions for completing common, simple transactions such as changing a beneficiary or obtaining a copy of a policy. 20 June 2018
News
Economic recovery in Latin America is slowly improving the growth outlook for reinsurers in the region, but strong competition is expected to exert pressure on rates and earnings, Patria Re CEO Manuel Escobedo, told Monte Carlo Today. 10 September 2018
Insurance
Specialty re/insurer Brit experienced an overall rate reduction of 1.3 percent in 2017, following a 3.3 percent reduction in 2016. 16 February 2018
Insurance
Insurtech startup Sayata Labs, a provider of risk assessment solution for the cyber insurance industry, has raised $6.5 million in seed funding. 26 March 2019
Insurance
If the UK leaves the EU without a deal and the European regulators refuse initial Solvency II equivalence, European cedants could lose access to elements of the London reinsurance market, Peter Allen, partner at Moore Stephens, told Monte Carlo Today. 9 September 2018
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