Articles

Insurance

Collaboration between IoT providers and insurers key to price cover

A collaboration between insurers and IoT service providers is key to enable companies to interpret the huge amount of data available, model and price risks more accurately.   23 June 2017

Insurance

AM Best moves Third Point Re outlook to 'negative' over profitability concerns and management changes

Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl.   17 May 2019

Insurance

Munich Re-backed insurtech Wrisk expands leadership team

Insurtech startup Wrisk, which is backed by firms like Munich Re, Hiscox and QIC, has made leadership appointments following its latest funding round that is said to have surpassed its target of £500,000 in under five days.   9 April 2018

Insurance

Re-launching Folgate Insurance assigned B rating by AM Best

AM Best has assigned a Financial Strength Rating (FSR) of B (Fair) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” to UK-based Folgate Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable.   22 November 2018

Insurance

A good routine based on trust: Baden-Baden attendees

Consolidation and yet more mergers and acquisitions (M&A) in the industry will be the biggest talking point in Baden-Baden this year, closely followed by negotiations over rates and terms and conditions, according to an online survey carried out by Intelligent Insurer ahead of this renewals season.   22 October 2018

Insurance

Aon forms new ventures group, appoints CIO and leadership team

Broker Aon has established a new ventures group as part of its growth strategy and assigned members of its senior leadership team to oversee it.   19 October 2018

Insurance

AmTrust at Lloyd’s hires head of space business

AmTrust at Lloyd’s has appointed Chris Gibbs as its new head of space, joining from Osprey Aerospace.   18 January 2018

Insurance

Brit grows professional liability unit with Hiscox, Hartford hires

Specialty re/insurer Brit has hired Hiscox and The Hartford executives to bolster its Brit Global Specialty USA (BGSU) professional liability team.   29 May 2018

Insurance

Willis Towers Watson poaches QBE exec to head FINEX Australasia

Broker Willis Towers Watson has hired QBE's Jill Stewart as head of FINEX Australasia to further strengthen its capability in the financial and professional lines.   29 June 2017

Insurance

EXIN Group strikes €718m deal to acquire Ethniki Hellenic General Insurance

Dutch firm EXIN Financial Services Holding said on June 29 that it acquired a 75 percent stake in insurer Ethniki Hellenic General Insurance from the National Bank of Greece (NBG) for €718 million.   29 June 2017

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