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Insurance
Viva Republica, a South Korean fintech startup that developed financial services app Toss, has secured a $40 million round of funding from Singapore-based investment firm GIC and Sequoia China. 19 June 2018
Insurance
Re/insurer XL Catlin has entered into an underwriting agreement with a new insurtech-focused programme administrator Bamboo Insurance to provide property insurance in California. 19 June 2018
Insurance
Giuseppina Albo is leaving the board of management of Munich Re at the end of 2017 to take up the position of CEO at Hamilton Insurance Group in 2018, Munich Re said on Oct. 19. 19 October 2017
Insurance
Credit insurer Coface has elected François Riahi, chief executive officer of Natixis, as the chairman of its board of directors. 18 June 2018
Insurance
Global reinsurers will incur notable losses from Hurricane Irma, but the storm will have only a limited impact on the sector’s capital, ratings agency AM Best said in a Sept. 14 report. 15 September 2017
Insurance
AXIS has revealed the timeline for it to complete its acquisition of Novae following consultation with the European Commission and other regulators. 26 September 2017
Insurance
In the absence of clarity as to what a future trade deal will look like between the UK and the EU, affected insurers have accelerated their plans to establish new EU subsidiaries, according to AM Best. 3 August 2018
Insurance
Novae Group, the specialist Lloyd’s insurance group, enjoyed solid growth in the first three months of 2014 in what it described as a challenging rating environment as it targeted more speciality classes of business. 14 May 2014
Insurance
Re/insurers increasingly accept there may be little movement on rates yet again in the next renewals—and they are willing to judge lines of business on their own merits, Christopher Donelan, president and chief underwriting officer of North American reinsurance and head of global casualty at Sompo International, told PCI Today. 30 October 2018
Insurance
The re/insurance industry is facing a structural shift as a consequence of the impact of technology, but not every insurtech venture and vendor will be successful, Stefan Holzberger, chief rating officer at AM Best, told delegates at PCI yesterday. 30 October 2018
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