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A new ownership structure for CNP Assurances, a French provider of life insurance and term creditor insurance, could make it harder for the insurer to negotiate or retain distribution deals with other banks, notable BPCE, creating some strategic uncertainties, according to Moody’s. 4 October 2018
Insurance
New York-based Oscar Health, a technology-focused health insurance company, has partnered with online benefits enrolment platform for insurance brokers EaseCentral. 4 October 2018
Insurance
International loss adjuster, Charles Taylor Adjusting (CTA) has acquired FGR group, a loss adjusting and claims programme management group, headquartered in Chile. 4 October 2018
Alternative Risk Transfer
Iran is working on the development of a range of new financial products, including insurance-linked securities (ILS) as reinsurance cover has become scarce in the country due to the reintroduction of sanctions, according to an Oct. 2 Reuters report. 4 October 2018
Insurance
Hokodo, a London and Paris-based technology startup that recently partnered with reinsurer SCOR for its launch product, has raised €1.9 million in seed funding. 4 October 2018
Insurance
Munich Reinsurance America (Munich Re) has teamed up with online driver training provider and global risk management firm eDriving to offer companies with commercial fleets a driver risk reduction programme. 4 October 2018
Insurance
Insurtech startup Jumpstart, a natural disaster insurance provider for renters and homeowners in the US, has officially launched with its first product offering in California. 4 October 2018
Insurance
Barcelona, Spain-based AI-powered sales management software solutions provider ForceManager has acquired Italian technology company Sellf to strengthen its global position. 4 October 2018
Insurance
RenaissanceRe Holdings has responded to a letter by its investor TimesSquare Capital Management, urging the Bermuda-based re/insurer to review its strategy and seek a buyer for the business. 3 October 2018
Insurance
The recent run of large natural disasters to hit Japan has put downward pressure on the creditworthiness of the nation's three largest non-life insurance groups, S&P Global Ratings suggested in a briefing. 3 October 2018
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