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Insurance
Startups driven by technology are set to revolutionise insurance, and in cyber the change is needed sooner rather than later, Oliver Brew of CyberCube told Monte Carlo Today. 10 September 2019
Insurance
Bermuda-based Sirius International Insurance Group has highlighted the growth opportunities the firm faces as it revealed its merger agreement with special purpose acquisition firm Easterly Acquisition which will result in Sirius becoming a publicly listed company. 26 June 2018
Alternative Risk Transfer
PGGM, the Dutch pension fund manager overseeing assets of nearly €200 billion ($248 billion), is looking to increase its allocation to insurance-linked securities (ILS), according to a Jan. 26 Reuters report. 29 January 2018
Insurance
Global reinsurance can expect to face market “headwinds” in 2020, despite strong capitalisation and rising pricing, credit ratings agency Moody’s has said. 4 September 2019
Insurance
Validus Holdings unit Talbot Underwriting has hired from Zurich Insurance and Ironshore as it expands the global political risk and credit operations. 3 May 2018
Insurance
Mexico’s insurance industry overall remains well-capitalized and can absorb the financial impact generated from Hurricane Willa, according to AM Best. 25 October 2018
Insurance
UK-based insurer Aviva said on May 25 that it will start a share buy-back of its ordinary shares for up to a maximum consideration of £300 million. 25 May 2017
News
US property/casualty reinsurers enjoyed growth in their gross written premiums in the first six months of the year, according to a survey of 18 reinsurers’ statutory underwriting results conducted by the Reinsurance Association of America (RAA). 22 August 2017
Insurance
The 15 large wildfires active across California have so far resulted in a death toll of more than 40 while burning more than 217,000 acres and destroying an estimated 5,700 structures, catastrophe modelling firm AIR Worldwide said on Oct. 16. 17 October 2017
Insurance
US property/casualty (P&C) re/insurers have improved operating returns by 8.0 percent year on year in the first half of 2018 after an increase of 6.8 percent in the same period of 2017, according to Fitch Ratings. 31 August 2018
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