Articles

Insurance

FedNat estimates Hurricane Florence loss at $4m

FedNat currently estimates that its aggregate gross liabilities as a result of Hurricane Florence will be $4 million based on preliminary post-landfall catastrophe model estimates.   18 September 2018

Insurance

Insurtech Hippo secures $100m to fund expansion; targets 80% coverage of US

Hippo, a California-based insurtech focused on the home insurance market, has secured $100 million Series D funding to fuel expansion of its footprint in the US.   25 July 2019

Insurance

Hurricane Florence to cause $30-60bn economic loss

Hurricane Florence will cause $30-60 billion in economic impact and damage, according to estimates by commercial weather forecasting services provider AccuWeather.   14 September 2018

Insurance

Legal & General strikes £4.4 bn UK bulk annuity deal

Legal & General Group has completed a £4.4 billion buy-in for British Airways pension scheme, Airways Pension Scheme (APS).   14 September 2018

Insurance

Lloyd’s of London strong and well-positioned, despite heavy losses in 2017/18, says Moody’s

Lloyd’s of London is strongly capitalised and its brand name helps it attract new business, said ratings agency Moody’s.   4 September 2019

Technology

Strategic importance of digital grows as insurance evolves

Insurers are at a crossroads as AI drives industry evolution. Richard Hartley, CEO of insurtech Cytora, outlines the areas to watch as things progress.   26 May 2020

Insurance

Beazley CUO to step down at year-end; successor revealed

Specialist insurer Beazley's chief underwriting officer (CUO) Neil Maidment is retiring at the end of the year. He will also step down from the company's board at the same time.   22 March 2018

Insurance

Cyber major earnings driver for Beazley

Cyber could contribute 30 percent to Beazley’s underwriting earnings by 2020, according to Jefferies analysts.   21 May 2018

Insurance

London Market: renewables in a ‘different place by end of year’, says panel

Insurers seem to be picking up the tab for technology design errors and tweaks, says expert at an Intelligent Insurer discussion.   13 May 2022

Awards

Best Reinsurer for Expertise and Market Knowledge (GWP of more than $2bn) winner: Munich Re

Receiving a top score of 7.78 out of 10, Munich Re took first place and secured the title for best reinsurer based on expertise and market knowledge with GWP of more than $2 billion.   14 September 2014

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