Articles
Reinsurance
ANALYSIS: Greenlight Re boss heralds new chapter despite more losses and criticism of business model
Losses at Greenlight Capital Re burgeoned in the second quarter of 2016 amid wider criticism of hedge fund reinsurers’ business models. But the company believes that it has now taken appropriate action to leave its problems behind. 3 August 2016
Insurance
Lloyd’s Acappella syndicate 2014 has appointed David Jones as active underwriter and Matthew Bellamy as deputy active underwriter. 29 March 2018
Insurance
The cyber threat to supply chains and industrial control systems is growing exponentially as a result of the rapid rise in computing power. Add to this the increased use of internet of things devices and prevalence of 5G and there is the potential for something of a perfect storm of risk. Jenna McGrath, senior cyber economist at CyberCube, explains the key threat factors and how the insurance industry can respond. 14 April 2021
Insurance
Insurtech firms raised a record $3 billion in new funding in the first half of 2019, with developments such as usage-based insurance boosting demand in the sector, with European companies attracting the lion's share. 13 September 2019
Insurance
There are 775,654 US homes at extreme risk of wildfire, according to CoreLogic analysts. 13 September 2019
Insurance
Investors were potentially spooked by AXA’s announcement yesterday (March 5) that it will acquire XL Group for $15.3 billion. Its share price fell sharply by around 10 percent as investors worried on a fundamental shift in strategy, according to analysts. 6 March 2018
Insurance
Liberty Specialty Markets (LSM) has appointed Roland Heinesch as new cyber underwriter in its Zurich office, citing that the company is “seeing a real increase in demand” across the country. 16 October 2018
Insurance
China Life Insurance Company has appointed Zhao Lijun as chief financial officer (CFO). His nomination has been approved by China’s Insurance Regulatory Commission – CIRC. 25 November 2016
Insurance
It aims to cut lost revenue in the UK commercial property insurance sector. 27 April 2021
Insurance
FedNat currently estimates that its aggregate gross liabilities as a result of Hurricane Florence will be $4 million based on preliminary post-landfall catastrophe model estimates. 18 September 2018
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