Articles
Insurance
Run-off specialist DARAG is eyeing expansion in the US and is also in the market to acquire a vehicle in the UK that would guarantee its access to the UK after Brexit, Tom Booth, its chief executive since July, told Monte Carlo Today. 12 September 2018
Insurance
Germany-based insurtech company GMBC has launched a new master managing general agent (MGA) platform for the European insurance market. 7 May 2019
Insurance
American International Group (AIG) has hired XL Catlin's Catherine Duffy to join the company’s general insurance business as country manager of Bermuda. 11 September 2018
Insurance
Swiss Re and Taiwan Fire & Marine Insurance have partnered to jointly offer first parametric aquaculture insurance solution to cover onshore fisheries against extreme rainfall in Taiwan's Ping Tung Country. 18 May 2017
Insurance
If the London Market is to enjoy overseas growth post-Brexit, its regulator will need to adopt a new approach, Peter Allen, partner in the insurance division at accountancy and consultancy firm Moore Stephens, told SIRC Today. 31 October 2017
Insurance
The move follows a large investment into BMS by an asset manager and private equity firm. 9 December 2019
Insurance
JLT Specialty, a subsidiary of Jardine Lloyd Thompson Group, has expanded its European cyber practice based in London and Stockholm with the appointment of four new members. 23 July 2018
Alternative Risk Transfer
A combination of losses in 2018, capital still trapped in relation to 2017 events and a lack of new capacity entering the market, will likely lead to a hardening of the pricing of ILS deals and higher prices in the retro market in 2019. 10 January 2019
Technology
At a time when fraudsters are making increasingly sophisticated attempts to avoid detection, insurers need to work even more effectively at detecting and preventing fraudulent claims. While this is essential at the point of claim, it is possible to save the business time, effort and money if such attempts are detected even earlier—potentially at the point of onboarding. 4 October 2021
Insurance
The corporation benefitted from the financial markets positive upswing. 5 December 2019
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