Articles

Insurance

TransRe merges North America and LatAm units; reshuffles leadership roles

TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, is to merge its North America and Latin America divisions into TransRe Americas as part of its leadership transition.   12 April 2019

Insurance

Aon Risk Map 2019: populism and terrorism create new business threats

Evolving terrorist ideologies and attacks combined with the rise of populism in Europe present new risks for businesses worldwide, according to the Aon 2019 Risk Map.   12 April 2019

Insurance

Praedicat data identifies three candidates as ‘the next asbestos’ for insurers

Data analysts have predicted that the three biggest long tail risks facing casualty insurance today are glyphosate, opioids and talcum powder, or GOT for short, not to be confused with hit series Game of Thrones.   12 April 2019

Insurance

Aon uses artificial intelligence to extract critical data insights from historical documents

Re/insurance broker Aon has partnered with US-based insurtech Groundspeed to extract critical data insights from its unstructured documents using artificial intelligence (AI) technology.   11 April 2019

Insurance

Third Point Re poaches Allied World execs for specialty treaty division

Bermuda-based reinsurer Third Point Re has expanded its specialty treaty division with two new hires from Allied World Reinsurance Company.   11 April 2019

Insurance

Cyber MGA Bewica launches broker portal, API platform targeting SMEs

Bewica, a managing general agent (MGA) and Lloyd’s coverholder specialising in cyber risk, has launched a new platform targeting brokers and intermediaries that provides cyber risk assessment and reporting tools for SMEs.   10 April 2019

Insurance

Mental health a priority as MS Amlin partners with psychologist

Global specialty re/insurer MS Amlin has partnered with a clinical psychologist to raise awareness of mental health at work and support World Health Day.   10 April 2019

Insurance

Floods cause $8bn damage in March 2019, finds Aon catastrophe report

Floods around the world cost the global economy $8 billion in March 2019, according to the Aon Global Catastrophe Recap report.   10 April 2019

Insurance

Tokio Marine HCC exits US bail bond business

Specialty insurance group Tokio Marine HCC has sold its bail bond operations to what it calls "a prominent player in the industry" as it exits the business in the US.   10 April 2019

Insurance

HDI leads €12m funding round in Germany's IoT, blockchain start-up Next Big Thing

Berlin-based Next Big Thing (NBT), a startup incubator for the internet of things (IoT) services and blockchain technology, has raised €12 million in funding led by Talanx group's industrial insurer HDI Global.   10 April 2019

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