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FOMO key to insurtech takeup
Insurance
Technology will be the key to making the insurance industry more accessible—but the pace of innovation must also match the opportunity and demand, Gerry Tighe, head of treaty, Matrix Insurance & Reinsurance Brokers, told Monte Carlo Today.   9 September 2018
Insurance
Property/casualty insurer American Financial Group (AFG) said on Oct. 3 that it expects losses from natural catastrophes of approximately $105 million pretax and net of AFG’s reinsurance coverage for the third quarter.   4 October 2017
Insurance
Re/insurer QBE Australia and New Zealand has appointed Craig Mauger to the position of regional manager, Northern Region Broker Distribution.   29 November 2017
Insurance
In an ongoing dispute, Voce Capital Management, a shareholder of Argo Group, has questioned the legality of the re/insurer's appointment of two independent board directors.   29 March 2019
Insurance
Arthur J. Gallagher & Co will acquire specialist UK insurance broker Stackhouse Poland Group in a deal expected to close in the first quarter 2019.   7 January 2019
Insurance
Arity, a Chicago-based data start-up by insurer Allstate, has launched a new technology designed to help insurers price individual motor policies partly based on how distracted they are by mobile technology while driving.   25 January 2018
Insurance
AM Best has placed a negative market segment outlook on Brazil’s reinsurance market, citing persistent macroeconomic and political uncertainty; a declining interest rate environment, which has led to lower investment income; foreign exchange fluctuations; and evolving reinsurance market conditions.   13 December 2018
Alternative Risk Transfer
The insurance industry is growing rapidly in Asia, and more capacity will be needed to keep up with demand. Alternative capital sources such as ILS will be vital to meet that demand, and in acquiring Lutece, Peak Re has positioned itself to lead this trend, says Peak Re’s Franz Josef Hahn.   12 May 2020
Insurance
RPC Consulting, the insurance consultancy arm of law firm RPC, has hired two executives from Willis Towers Watson to expand its consulting business in London.   12 December 2016
Insurance
Everest Insurance has partnered with cybersecurity firm Soteria to help private equity policyholders build safer and more secure internal networks.   2 May 2017

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