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The insurance provider will shut five of its offices across the US and transition to a hybrid operating model. 1 May 2020
Insurance
The additional capacity will enable it to serve more customers during the hurricane season. 1 May 2020
Insurance
Aviva customers will be able to purchase insurance cover for cats, dogs, and horses through the website. 1 May 2020
Insurance
The impact to the insurer's underwriting operations from COVID-19 was nearly $50 million. 30 April 2020
Insurance
The company has appointed the founder of property owners MGA Property Protector. 30 April 2020
Insurance
Swiss Re estimated a pre-tax charge of $476m for the property and casualty businesses due to COVID-19. 30 April 2020
Alternative Risk Transfer
The ILS market has become an increasingly important feature in the risk transfer landscape in recent years, and is growing increasingly diverse, encompassing not only catastrophe risks but cyber and other forms of coverage. What it needs now to take it to the next level is a liquid secondary market. Intelligent Insurer reports. 29 April 2020
Insurance
Beazley says the expansion follows several years of continuous growth in underwriting transaction risks. 29 April 2020
Insurance
The company has secured a new equity investment from 777 Partners and Hudson Structured Capital Management. 29 April 2020
Insurance
The carrier was hit by $325m of underwriting loss attributed to the COVID-19 pandemic in the first quarter of 2020. 29 April 2020
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