Articles
Insurance
Setoo, a London-based insurance and protection-as-a-service company, has closed an €8 million Series A funding round with AXA’s insurtech startup studio Kamet. 18 September 2018
News
All insurers are on a journey to use more technology—but as some move faster than others, the very definition of what constitutes an insurance company could be starting to change. Intelligent Insurer investigates. 18 September 2018
Insurance
Broker BMS Group has hired four new executives from JLT and Price Forbes to expand its energy division. 17 September 2018
Insurance
Lloyd’s is in danger of falling behind the rest of the re/insurance industry if its new chief executive officer John Neal does not get a firm grip relatively quickly, according to Gavin Coull, partner and head of reinsurance at legal firm BLM. 17 September 2018
Insurance
China Re, China’s biggest reinsurer, will acquire speciality insurer Chaucer from its parent The Hanover Insurance Group for $950 million in a deal that gives the buyer a solid foothold in both the speciality markets and in Lloyd’s. 13 September 2018
Insurance
Prudential has named Charles Lowrey as its next CEO, effective December 2018. He succeeds the company's long-time leader John Strangfeld, who has been chairman and CEO for 11 years. 13 September 2018
Alternative Risk Transfer
The re/insurance industry should brace itself for losses of between $15 billion and $20 billion, according to the guidance of risk modelling agencies and analysts. 13 September 2018
Insurance
Hurricane Florence has weakened to a Category 2 storm as it approaches landfall in the US – but it is very slow moving and could linger the coastline bringing catastrophic flooding and heavy losses to insurers. 13 September 2018
Insurance
Private equity firm The Carlyle Group will acquire the majority ownership of technology-driven risk solutions provider Sedgwick in a transaction valued at approximately $6.7 billion. 13 September 2018
Alternative Risk Transfer
Hurricane Florence could trigger the risk transfer mechanisms put in place by the National Flood Insurance Program (NFIP) – for the second year in a row. 13 September 2018
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