Articles
Insurance
Moody’s Investors Service has warned that the Ogden discount rate of minus 0.25 percent, revealed today by the UK’s Lord Chancellor, will mean a “one-off hit to earnings” for reinsurers that have been working to expectations of a new rate between zero and 1 percent. 15 July 2019
Insurance
Stephen Catlin and Paul Brand's newly launched specialty re/insurer Convex Group has partnered with UK-based insurtech Cytora to develop artificial intelligence-powered solutions for the commercial insurance industry. 15 July 2019
Insurance
Brokerslink, a global network of independent brokers, has added three new affiliates to further expand its presence in the Middle East and Africa region. 15 July 2019
Insurance
American International Group (AIG) has appointed Tom Parker as deputy chief information security officer, responsible for developing and leading the execution of AIG’s global cybersecurity risk management strategies. 15 July 2019
Insurance
Bermuda-based Everest Re Group, has appointed Joshila Tailor as the global head of fine art and specie for Everest Insurance International, which includes Everest Insurance Ireland and Lloyd’s Syndicate 2786. 15 July 2019
Insurance
UK insurers will be “hugely disappointed” as the injury damages rate, the Ogden discount rate, was set at minus 0.25 percent today to come into force on August 5, 2019. 15 July 2019
Insurance
AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has launched a Series B investment round to fuel its expansion plans. 15 July 2019
Insurance
Parametric insurance and smart contracts technology could help insurers increase efficiency and improve customer experience, finds new reports by insurance and reinsurance marketplace Lloyd’s of London. 15 July 2019
Insurance
Two in five insurance businesses in the life and non-life insurance sectors have emerged in less than a decade, since 2010, according to a study of Companies House data by digital home insurer Policy Expert. 12 July 2019
Insurance
Fannie Mae, the US government-backed financial institution that provides liquidity to the US mortgage markets by buying mortgages from lenders, has completed two new front-end credit insurance risk transfer (CIRT) deals. 12 July 2019
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