Articles
Insurance
The launch of a cyber insurance start-up by a former US Secretary of Homeland Security confirms the potential in this tricky yet potentially lucrative line of business for insurers. Intelligent Insurer reports. 27 November 2014
Insurance
Italian insurer Generali has entered into an exclusive negotiations with the shareholders of Sycomore Asset Management to acquire a majority stake in the company and enter into a strategic partnership. 7 September 2018
Insurance
Re/insurer XL Group is to acquire a 20 percent stake in India’s Mahindra Insurance Brokers (MIBL), according to an Oct. 16 press release. 17 October 2017
Insurance
The need for businesses to have chief risk officers (CROs) as a single person to oversee all aspects of risk is greater than ever, says a new report from Airmic and international consultants Oliver Wyman with support from Marsh. 12 June 2018
Insurance
RenaissanceRe enjoyed strong growth in the second quarter in both its property book and its casualty book and its profits grew. But it warned that “meaningful uncertainty” remains around the scale of claims stemming from many of the big catastrophes that hit its profits last year. 25 July 2018
Insurance
Hiscox Re and ILS has launched a new US personal lines flood product, available to its insurance carrier, according to an Oct. 16 statement. 16 October 2017
Insurance
Swiss Re is acquiring 1.1 million life insurance policies from UK financial service provider Legal & General Group for £650 million. 6 December 2017
Insurance
Bermuda's major re/insurers will report elevated combined ratios for 2017, averaging around 108 percent to 109 percent, according to Fitch Ratings. 24 January 2018
Insurance
Bahrein-based re/insurer Trust Re said its profits fell to $18.8 million in 2016 from $30.8 million a year ago, driven by lower investment income. 3 April 2017
News
Munich Re is to acquire software company relayr via its subsidiary, Hartford Steam Boiler (HSB), as it looks to create new business models in the industrial Internet of Things (IoT). 4 September 2018
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