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Insurance
Digit Insurance is buying a 100 percent stake in Indian private reinsurance company ITI Reinsurance (ITI Re) for about INR 500 crore ($72.8million), according to an Economic Times report citing “a person familiar with the deal.” 2 July 2018
Insurance
It aims to cut lost revenue in the UK commercial property insurance sector. 27 April 2021
Insurance
Some executives running managing general agents (MGAs) should be prepared for the potential effect on their own businesses of losses from the series of hurricanes that have hit the US and the Caribbean—even if they have no direct exposure to the area. 10 September 2017
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
Alternative Risk Transfer
Sole Indian reinsurer General Insurance Corporation (GIC) is actively evaluating the feasibility of issuance of catastrophe bonds which may be floated in a different country. 16 May 2014
Insurance
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
Insurance
The chair of Allianz’s board, Michael Diekmann, has stepped down following the company’s annual general meeting. 7 May 2015
Insurance
Recent reports highlighted the growing threat of cyber-attacks and data breaches to the energy sector, and underscore the growing need for protection, according to rating agency AM Best. 26 March 2018
Insurance
Bermuda-based holding company Ascot Group (AGL) has appointed former RenaissanceRe CEO Neill Currie as its executive chairman. 28 June 2017
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