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Insurance
Bermuda-based specialty property/casualty re/insurer Sompo International Holdings has launched an integrated platform initiative to provide agriculture insurance and reinsurance solutions across the globe, according to an Oct. 31 statement. 1 November 2017
News
Swiss Re has entered into a strategic initiative with SAP, a company that sells enterprise application software. The companies said they aim to develop a solution to address the increasingly complex demands related to financial steering and reporting of insurance companies from regulators across the globe. 2 February 2017
Insurance
Japanese lender Softbank has led a $120 million funding round in US insurtech firm Lemonade which wants to use the funds for a global expansion in 2018. 20 December 2017
Insurance
Digital all-round insurer ONE and Munich Re have created a joint venture called ONE Coach which will enable customers to monitor in real time how their individual lifestyle choices affect their risk assessment score, according to a company statement. 28 June 2018
Insurance
Cincinnati Insurance Companies has renewed its Skyline Re catastrophe bond as a private placement and expanded its indemnity-based collateralised reinsurance coverage by raising $180 million with the help of JLT Capital Markets (JLTCM). 13 February 2017
Insurance
Conifer Holdings has announced several strategic initiatives designed to strengthen the company's financial position and accelerate its goals of returning to profitability in the coming quarters. 3 October 2017
Alternative Risk Transfer
Insurance-linked securities (ILS) are expanding into new perils following investors’ appetite, and London might benefit from this growth potential following the introduction of a new regulatory framework, Jean-Louis Monnier, Swiss Re Capital Markets global co-head of ILS, told Monte Carlo Today. 9 September 2018
Insurance
Flaspöhler conducts an annual, global study designed to illustrate reinsurers’ competitive positioning and value proposition in relation to their peers. Here’s how the top reinsurers fared when brokers and insurance executives across EMEA were surveyed. 10 September 2017
Insurance
The State Farm property/casualty (P&C) group of companies reported a combined underwriting loss of $6.5 billion in 2017 on earned premium of $63.9 billion, compared to an underwriting loss of $5.5 billion on earned premium of $61.7 billion in 2016. 2 March 2018
Insurance
Reinsurance Group of America (RGA) has backed Berlin-based insurtech start-up Getsurance to launch 'the first European digital life insurance solution'. 22 June 2017
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