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RMS, the catastrophe modeling firm, today announced that its suite of European catastrophe models has been licensed by DEVK Versicherungen, a German insurance primary and pan European reinsurer. 24 October 2013
Insurance
Many of the large European buyers have ‘tiered’ their reinsurance panels in recent years and as a result are forming much deeper business partnerships with their bigger ‘tier 1’ reinsurance partners that transcend risk management and are also heavily entwined in capital relief. 23 October 2016
Insurance
Saga, a UK-based specialist insurer for life after 50, has appointed former Zurich executive Patrick O’Sullivan as chairman with effect from 1 May 2018. 19 February 2018
Insurance
Does the re/insurance industry have the resilience and resources to help bridge the protection gap around flood risk? Maybe—if it works with government and other stakeholders towards building more integrated insurance solutions. Intelligent Insurer reports. 29 January 2021
Insurance
US-based insurtech start-up Flyreel, a provider of artificial intelligence-powered underwriting solution for commercial and residential insurers, has secured $3.85 million in funding led by Gradient Ventures, Google’s AI-focused venture fund. 12 April 2019
Insurance
Asset manager New Nordic Advisors has revealed that its Denmark-based wholly-owned subsidiary Qudos Insurance will cease to underwrite new business with immediate effect, pending a restructuring of the business. 19 October 2018
Insurance
US-based artificial intelligence (AI) startup Zesty.ai has secured a $13 million investment in its Series A financing round, led by Luxembourg-based private investment fund Blamar. 10 December 2018
Insurance
Insured losses from the November 2018 wildfires in California have been re-evaluated upwards to $11.4 billion, representing a 25 percent hike from initial figures reported by the US government’s Department of Insurance. 29 January 2019
Insurance
Blockchain used for aspects of a transaction, as opposed to full or end-to-end blockchain. 5 December 2019
Insurance
The majority say their emphasis on political risk management has increased since 2018. 5 December 2019
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