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Lemonade, Metromile, Root struggle to reach underwriting profits
Insurance
The venture-backed full-stack US insurtech startups continued to show rapid premium growth in the second quarter of 2018 with moderately lower underwriting losses but they have yet to generate a sustainable loss ratio under 100 percent, according to “The Second Quarter in InsurTech Start-up Financials” by Matteo Carbone.   29 August 2018
Insurance
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon, has appointed Leonora Siccardi as EMEA and UK head of client services.   20 October 2017
Insurance
Flaspöhler, part of NMG Consulting, conducts an annual, global survey of brokers and insurance executives to illustrate their competitive positioning and concerns. Here, we reveal the top challenges for brokers across EMEA.   12 September 2017
Insurance
Bermuda-based Markel CATCo Investment Management’s CEO Tony Belisle has renewed his contract with the company extending it for another two years.   21 June 2017
Insurance
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan, has strengthened its regional team in Europe with the appointment of Hans van Oort as managing director of Benelux operations.   1 June 2017
Insurance
Reinsurance broker TigerRisk Partners has appointed Michael Wade, the Crown Representative for Insurance at the UK Cabinet Office and advisor to the Chancellor of the Exchequer on issues relating to Insurance Linked Securities (ILS).   5 September 2017
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance, has appointed Rolando Rodriguez as vice president of diversified financial services at Pioneer Special Risk (PSR) with immediate effect.   18 April 2017
Alternative Risk Transfer
Despite several downside risks for the Latin American growth outlook, the insurance outlook for the region remains “relatively bright” this year, according to Fitch Ratings.   13 November 2017
Insurance
The volume of completed mergers and acquisitions (M&A) worldwide in the insurance industry is down 24 percent from its recent high in H1 2015, according to the Clyde & Co Growth Report mid-year update.   3 August 2017
Insurance
Figures from Swiss Re show that “$1.3 trillion (70 percent) of global economic losses derived from natural catastrophes in the past 10 years were uninsured”. Gethin Jones and Laurent Sabatié co-founded Skyline Partners to address this gap and have started by focusing on weather risks in India. Intelligent Insurer speaks to them to find out how they plan to close the global protection gap.   12 February 2019

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