Articles

Insurance

Insurtech Oscar secures $375m from Google parent Alphabet

New York-based Oscar Health, a technology-focused health insurance company, has secured $375 million from Google’s parent company Alphabet.   24 August 2018

Insurance

Kingstone reduces quota share of reinsurance treaty

Kingstone Insurance Company (KICO), a wholly-owned subsidiary of property/casualty insurer Kingstone Companies, has reduced its personal lines quota share treaty ceding percentage to 10 percent, down from 20 percent, effective July 1, 2018.   24 August 2018

Insurance

China Life names successor to CFO who stepped down in August

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

Insurtechs raise record $3bn in funding in first half of 2019

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

Extreme wildfire risk affects 775,654 US homes, finds CoreLogic report

There are 775,654 US homes at extreme risk of wildfire, according to CoreLogic analysts.   13 September 2019

Insurance

Solvency II timetable is not realistic without compromise

The rushed timetable leading up to the January 2016 implementation of Solvency II is not realistic and will cause implementation challenges and costs for insurers, the deputy director general of Insurance Europe has claimed.   9 March 2015

News

PartnerRe shareholders to vote on EXOR merger in November

Multi-line reinsurance group PartnerRe has announced that a Special General Meeting of shareholders will take place on Thursday, November 19, 2015, to vote on the previously announced merger agreement between PartnerRe and EXOR, and all related transactions.   30 September 2015

Insurance

New UK government funded AI company aims to save insurers over £500m a year

It aims to cut lost revenue in the UK commercial property insurance sector.   27 April 2021

Insurance

Liberty appoints Heinesch to develop its Swiss cyber book

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

Acappella Syndicate makes executive appointments

Lloyd’s Acappella syndicate 2014 has appointed David Jones as active underwriter and Matthew Bellamy as deputy active underwriter.   29 March 2018

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