Articles
Insurance
Standard Life Aberdeen is selling its insurance business to UK-based insurance services provider Phoenix Group for a total consideration of £3.24 billion. 23 February 2018
Insurance
Lloyd’s of London’s pre-tax profit halved in the first six months of 2018 due to a lower investment return and despite an improvement in the combined ratio. 21 September 2018
Insurance
Cyber risk is now the second biggest concern across all business sizes and industries, and the percentage of businesses reporting they have been the victim of a cyber attack has doubled, according to the latest results of the 2018 Travelers Risk Index complied by The Travelers Companies. 21 September 2018
Alternative Risk Transfer
UnipolSai Assicurazioni, one of the biggest insurers in Italy, has placed a €45 million catastrophe bond providing it with protection against perils in Italy including atmospheric phenomena, snow pressure and flood risks (including Vatican City and San Marino Republic). 1 March 2019
Insurance
Re/insurers are increasing their investments in the startup insurtech community and expanding their focus to invest in a broad range of technologies with potential applications to their core businesses, according to the fourth Quarterly InsurTech Briefing from Willis Towers Watson. 1 February 2018
Insurance
Private equity firm KKR and Canada-based Caisse de dépôt et placement du Québec (CDPQ) are set to acquire US insurance brokerage and consulting firm USI Insurance Services. 17 March 2017
Insurance
The former Law Commissioner for commercial and common law has joined risk and insurance law business, BLM, as a consultant. 6 January 2015
Alternative Risk Transfer
Third Point Reinsurance and Hiscox Bermuda will partner in the development of a new fund management business dedicated to catastrophe reinsurance business. 1 October 2012
News
Swiss Re reported a net income of $1.1 billion for the first nine months of 2018 compared to a loss of $468 million for the same period a year ago, despite an estimated claims burden of $1.6 billion from natural catastrophes and large man-made events. 1 November 2018
Insurance
Houston International Insurance Group (HIIG) is to acquire errors and omissions (E&O) managing general underwriter Compass Group Partners. 22 May 2014
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