Articles
Insurance
AXA XL Risk Consulting has partnered with Expert System, a specialist in the use of artificial intelligence (AI), to help its underwriters make better decisions to when assessing property risk engineering risks. 10 January 2019
Insurance
Re/insurance broker Aon has partnered with SBC InsurTech, a company focused on innovation programmes for the insurance industry, help its clients make better decisions around how they might partner with and invest in insurtech start-ups. 10 January 2019
Insurance
Property/casualty insurer AmTrust has unveiled its strategic plan for the newly private company, while appointing a new leadership team following the departure of certain key executives. 9 January 2019
News
Losses for insurers stemming from natural catastrophes were substantially higher than the long-term average in 2018 with an eventful second half of the year contributing to a high overall loss figure of $160 billion, half of which was insured, according to a report by Munich Re. 9 January 2019
Alternative Risk Transfer
US insurer Liberty Mutual has secured $150 million of collateralised reinsurance capacity through its Bermuda domiciled segregated account company Limestone Re. 9 January 2019
Insurance
Specialty re/insurance underwriter Argo Group International Holdings has renewed Harambee Re as its sidecar reinsurer for 2019. 9 January 2019
News
Speciality re/insurer Brit owned by Fairfax Financial Holdings has made a significant investment in Sutton Special Risk, a managing general underwriter (MGU) specialising in accident & health business, in a deal that offers Brit exposure to more business in the US and Canada. 8 January 2019
News
Specialty insurer Neon today has raised third party capital to support its second ILS transaction through its UK-based transformer vehicle (NCM Re). 8 January 2019
Insurance
A lack of standard terminology in cyber insurance policies causes confusion for brokers and customers, and is a ultimately stifling market growth, the CEO of cyber insurance comparison engine Cyber|Decider has warned. 7 January 2019
Insurance
WR Berkley Corporation has made three senior appointments – two are internal promotions while it has also hired a senior executive from Chubb. 3 January 2019
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