Articles
Insurance
Centene Corporation and WellCare, two big players in the US government-sponsored health insurance programme, have announced that they are merging in a deal worth $17.3 billion. 28 March 2019
Insurance
Insurance Australia Group (IAG) is reviewing its Asian operations after running out of buying opportunities, according to a Reuters Feb. 14 report. 14 February 2018
Insurance
Specialty insurer StarStone, whose parent company Enstar dropped plans to pursue its sale in September, has decided to sell some of its portfolio to Dubai-based firm Elseco. 31 January 2019
Insurance
Broking firm Global Risk Partners (GRP) has appointed Mike Bruce to the newly created role of group managing director. 17 December 2018
Alternative Risk Transfer
The insurance-linked securities (ILS) market has reacted in an orderly manner after the 2017 catastrophe losses, paying claims and reloading, and it doesn’t have to prove itself any more, Aon Securities CEO Paul Schultz suggested in a conversation with Monte Carlo Today. 11 September 2018
Insurance
An uptick in mergers and acquisitions (M&A) is accelerating a trend whereby the traditional re/insurance value chain is being replaced by a broader risk ecosystem with less defined boundaries between players, Victor Peignet, CEO of SCOR Global P&C, told Monte Carlo Today. 10 September 2018
Insurance
Funding for fintech is rising at a dramatic pace with positive implications for insurtech developments ramping up pressure on legacy firms to compete, research suggests. 20 August 2019
Insurance
American International Group (AIG) has expanded its presence in the pension risk transfer market after reaching agreements on the two largest plan termination transactions of 2017. 29 May 2018
Insurance
The insured property losses caused by extratropical cyclone Herwart that affected Austria and Germany in October are estimated to be at €252 million, according to data provider PERILS. 11 December 2017
Insurance
Robotic Process Automation is expected to improve insurers’ earnings by about 37 percent with staff numbers falling 20 percent in back office functions, according to a base case scenario by Royal Bank of Canada (RBC). 29 September 2017
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