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AI-powered insurtech firm Lemonade Insurance Company is planning to create open source policies with an aim to make them simple, approachable, relevant, and digital, according to CEO and co-founder Daniel Schreiber. 16 May 2018
Insurance
French insurance group AXA is acquiring the remaining 50 percent stake in AXA Tianping Property & Casualty Insurance Company that it does not already own, for a total consideration of ¥4.6 billion (€584 million). 27 November 2018
Insurance
Legal expenses insurer Elite Insurance said July 5 that it is ceasing to write new business. Elite offered legal expenses insurance, professional indemnity insurance and general insurance. 5 July 2017
News
Germany-based Munich Re has appointed Maximilian Zimmerer to its supervisory board, succeeding Peter Gruss who has resigned from the position with effect from June 30, 2017. 5 July 2017
Insurance
The aim is to mitigate systemic risk in the insurance sector 18 November 2019
Insurance
Property/casualty insurer Chubb has appointed Tracey Laws as senior vice president, general counsel, global government and industry affairs. 11 December 2017
Insurance
Insured losses for Hurricane Harvey are estimated at approximately $650 million pre-tax, and Irma estimated from $800 million to $950 million, according to preliminary loss estimates from Chubb. 28 September 2017
Insurance
Aspen CEO Christopher O’Kane suggested that senior management will be allowed to stay as he is replaced with Brit chairman Mark Cloutier when Apollo takes control. 2 October 2018
News
The value proposition of reinsurance has never been higher, with reinsurers taking less risk than ever and the price of traditional reinsurance falling. 5 January 2015
Insurance
Lycetts, a UK-based insurance broker and financial services provider, has appointed Charles Foster as its new chief executive officer. 17 November 2017
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