Articles
Insurance
Denis Kessler, the chief executive of SCOR, has dismissed accusations that the board’s snub of Covéa’s €8.2 billion offer to buy the reinsurer amounted to “gross management negligence” in a strongly worded letter in which he also accuses the shareholder that made the allegation of defamation. 25 September 2018
Insurance
Risk modelling agencies have been attempting to quantify the losses from Hurricane Florence – but significant variations exist between the loss estimates. 25 September 2018
Insurance
San Francisco-based Socotra, an insurtech startup and the creator of the first cloud-native insurance core platform, has raised $5.5 million in a Series A funding round with Silicon-Valley based technology investment firm 8VC. 25 September 2018
Insurance
AXIS Insurance, the insurance business segment of Bermuda-based AXIS Capital Holdings, has partnered with DUAL North America, the underwriting arm of the Hyperion Insurance Group, on a multi-product environmental risk programme. 25 September 2018
Insurance
Hedgehog, a new online motor insurance provider targeting drivers who face higher than average premiums has been launched in Gibraltar. 24 September 2018
Insurance
Public-private enterprises must adapt—and terrorism pools are illustrating just how efficiently this can be done as they too adjust to the demands of a modern and rapidly changing world, says Emma Karhan of Aon Benfield. 24 September 2018
Insurance
American International Group (AIG) is acquiring Glatfelter Insurance Group (Glatfelter), a full-service broker and insurance company providing services for specialty programmes and retail operations. 21 September 2018
Insurance
Italian insurer Assicurazioni Generali has launched a new asset management company headquartered in New York City that it claims will have a "disruptive revenue model". 21 September 2018
Insurance
The global reach of Lloyd’s combined with the nimble nature of its carriers means the market has the potential to lead from the front when it comes to gaining advantage from new technologies, a new report has suggested. 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
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