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Insurers bet on reinsurance in unexpected U-turn
News
Having given up on reinsurance in recent decades, some large insurers have had a change of heart as they seek diversification and the access to the capital markets which reinsurers have developed in recent years. Is their bet that they can handle these volatile risks—and that their shareholders will back them—a risky one? Intelligent Insurer investigates.   14 May 2018
Insurance
Lloyd’s insurer Beazley has partnered with the corporate insurance partner unit of Munich Re to offer protection for the digital assets and IT infrastructure of the world’s largest companies.   11 April 2016
Insurance
Scott Purviance has succeeded Steven DeCarlo as the company’s AmWINS Group CEO on May 1, a move that is followed by a number of management changes.   2 May 2018
Insurance
The share price of insurer Amlin has jumped by more than 30 percent today (Tuesday September 8) on the news that its board are in advanced talks which could see the firm acquired by Mitsui Sumitomo of Japan.   8 September 2015
Insurance
Specialty re/insurer MS Amlin has partnered with London-based insurtech start-up Cytora to deploy artificial intelligence (AI) into the commercial underwriting processes.   20 June 2018
Insurance
SmarterSafer, a national coalition of environmental groups and insurance interests, has urged US lawmakers to find a long term and sustainable solution for the National Flood Insurance Program (NFIP) rather than allowing short-term extensions.   22 December 2017
Insurance
Zurich Insurance Group has acquired Hong Kong-based telematics business Bright Box and its subsidiaries. The insurer said it wants to increase its capabilities in connected car technologies and mobility.   22 December 2017
Insurance
Marsh & McLennan Companies has appointed Katherine Brennan as deputy general counsel, corporate secretary and chief compliance officer.   28 September 2017
News
A report by the UK’s Financial Conduct Authority (FCA) that will assess competition in the wholesale insurance broker sector dominate the International Underwriting Association’s (IUA) agenda, alongside Brexit, in 2019, the representative body has said.   28 January 2019
Insurance
UK P&I Club, a provider of protection and indemnity insurance to the international shipping community, is set to establish a new European subsidiary in the Netherlands.   24 November 2017

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