Articles
Insurance
Markel Corporation said on Oct. 11 that it expects to report third quarter pre-tax underwriting losses of $503 million, net of reinstatement premiums, from Hurricanes Harvey, Irma and Maria as well as the Mexico City earthquakes. 12 October 2017
Insurance
California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has closed a $4.5 million Series A round bringing the total funding to $10 million. 28 May 2019
Insurance
With in-person Monte Carlo cancelled, the industry will be doing many of its renewals discussions online. That might work for some, but with thorny issues to address, the industry needs to get back to meeting face to face, say insurers. 14 September 2021
Insurance
Lloyd’s insurer Novae Group has appointed Alexandra Moon as group general counsel. She also joins Novae’s executive committee reporting to Matthew Fosh, chief executive. 9 February 2015
Insurance
Shared value insurance can encourage and reward insurance customers for changing behaviour, from the way they live, to the way they drive and the way they engage with their belongings, with rewards for all involved. 27 January 2020
Alternative Risk Transfer
American International Group (AIG) has entered into a definitive agreement to acquire all outstanding common shares of Bermuda-based Validus Holdings. 22 January 2018
Insurance
Argo Group, the specialty re/insurer, has confirmed it will introduce proposals to cut the number of board directors from 13 to 11 and change the way they are elected, as well as confirming changes to executive pay. 9 August 2019
Insurance
Fidelity National Financial has agreed to acquire title insurance company Stewart Information Services Corporation for an equity value of approximately $1.2 billion. 19 March 2018
Insurance
Lloyd’s, the specialist insurance and reinsurance market, has expanded its presence in the Latin America market with the opening of an office in Bogota, Colombia. 22 June 2016
Insurance
The development of collaborative open architecture platforms in the insurtech space has the potential to offer insurers huge growth—and the maturity of this concept is ahead of the game in Asia, Paul Mang, global CEO of analytics at Aon and Aon Benfield, told SIRC Today. 1 November 2017
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