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Insurance
Despite the large amounts of data available to risk managers, turning it into actionable information remains an elusive skill, research by QBE and Airmic has found. 5 June 2019
Insurance
California-based TicketGuardian, an insurtech firm providing technology solutions for its wholly-owned insurance subsidiary, FanShield, has raised $8 million Series A funding led by American Family Ventures and IA Capital Group. 20 December 2018
Insurance
Aspen Insurance has closed its Bermuda-based US property insurance unit following high natural catastrophe losses in 2017 that included the recent wildfires in California. 19 February 2018
Insurance
The Indian market remains the core of GIC Re’s business and it is growing fast, but the reinsurer is increasingly capitalising on opportunities overseas as well, as Alice Vaidyan of GIC Re told Monte Carlo Today. 8 September 2019
Insurance
US re/insurers mulling a launch in the UK or Europe are stuck in limbo thanks to the uncertainty created by the UK’s vote to the leave the EU and the impasse before negotiations even start, Andrea Best, partner at law firm Drinker, Biddle and Reath, told PCI Today. 24 October 2016
Insurance
While there is no doubt that the insurance industry is changing dramatically, Torsten Jeworrek, chief executive officer, reinsurance, of Munich Re, does not expect that the insurance sector will experience a “big bang” type of disruption. 31 October 2018
News
Munich Re America has launched a mobility domain as part of its increased focus on innovation and emerging risks. 17 September 2015
Insurance
US life/annuity insurers have increased the aggregate face amount of policies ceded to reinsurers by 83 percent since 2006, to $28 trillion, according to AM Best. 18 January 2018
Insurance
American International Group (AIG), Hamilton Insurance Group, and affiliates of Two Sigma Investments, have entered into a non-binding memorandum of understanding (MoU) to form a joint venture that will establish a technology-enabled, customer-centric insurance platform for the small to medium-sized enterprise (SME) market. 27 April 2016
Insurance
Hedge fund-backed Greenlight Re's CEO Simon Burton admitted "weak" performance in 2018 as the reinsurer posted a loss in both its fourth quarter 2018 and full year results, but remains optimistic about the company's positioning and its value-investing strategy. 28 February 2019
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