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The sharing economy has grown exponentially, fundamentally changing the business landscape, and insurers must think beyond traditional products and services in order to effectively meet the needs of the shared economy, according to a Lloyd’s Emerging Risk Report. 18 July 2018
Alternative Risk Transfer
The insurance-linked securities (ILS) market declined year-on-year in the second quarter of 2019, making it the second-lowest Q2 for issuance by volume in the past eight years, except for 2016. 7 August 2019
Alternative Risk Transfer
AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has received the first insurance regulatory sandbox licence from the Bermuda Monetary Authority (BMA). 15 May 2019
Insurance
Specialist insurer Hiscox has led a $58 million Series D funding round of insurtech CoverHound, with additional investors including Chubb, Aflac Ventures and Japan-based MS&AD. 6 February 2019
Insurance
Willis Towers Watson has made a series of senior appointments to newly-created roles in its North America corporate risk and broking (CRB) business. 4 October 2017
Insurance
Quantemplate, a provider of self-service, cloud-based automated data solutions for the re/insurance industry, has closed on more than $12 million in a recent funding round led by Route Sixty-Six Ventures and Transamerica Ventures, with participation from Anthemis Group, Allianz X, and Insight Catastrophe Group. 16 October 2019
Insurance
Bermuda-based Randall & Quilter (R&Q) Investment’s wholly owned subsidiary Accredited Surety & Casualty Company (Accredited) has closed a programme underwriting partnership with Atlas General Services Insurance. 31 July 2018
Insurance
Allianz enjoyed a strong first quarter with both revenue and profits increasing sharply driven by its property/casualty segment, which posted strong premium growth, lower claims from natural catastrophes and an improved expense ratio. 14 May 2019
Insurance
Bermuda-based Fidelis Insurance has acquired an equity stake in a new managing general agent (MGA) Kersey Specialty that will focus on upstream energy subscription market insurance. 21 September 2018
Insurance
AIG is selling 5,674,200 shares in Arch Capital Group with a total value of $502.5 million. 13 March 2018
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