News
Insurance
Bermuda-based Arch Capital Group said June 8 that it launched an underwritten public secondary offering of 6,381,410 common shares "by certain selling shareholders affiliated with American International Group." 9 June 2017
Insurance
The UK Supreme Court has ruled in favour of the FCA dismissing the insurers’ case. 15 January 2021
Insurance
Within the perimeters of the Camp Fire in Northern California and the Woolsey Fire in Southern California 23,044 homes with a total reconstruction cost value (RCV) of approximately $8.6 billion are at high or extreme risk of wildfire damage, according to CoreLogic estimates. 19 November 2018
Insurance
Bermuda-based Monument Re, through its European subsidiary Laguna Life, has acquired a run-off portfolio of flexible premium retail life insurance contracts from Ethias, known as the First A Portfolio. 17 April 2018
Insurance
Inshur, the mobile-first provider of commercial auto insurance for private hire drivers, has teamed up with smartphone taxi app Uber to offer drivers who use the Uber app insurance. The partners said the fully digital insurance service tie up was “one of the first of its kind:. 30 May 2019
Insurance
As part of Intelligent Insurer’s Underwriting Innovation USA online conference, Laila Beane of Intellect SEEC will outline an AI-powered, data-first approach to a quicker, better and more profitable portfolio. Here she explains what lies in store. 5 November 2020
Insurance
Talbot Underwriting, a subsidiary of Bermuda-based Validus Holdings, has appointed a dedicated team of cyber underwriters. 2 December 2016
Insurance
Zurich Insurance Group has entered into an agreement to acquire the operations of Australian insurer QBE in Latin America for a total aggregate price of $409 million. 26 February 2018
Insurance
An AI-powered tool that “delivers an immediate answer on liability” following a motor accident is being developed by international law firm DAC Beachcroft in partnership with insurtech start up Automated Insurance Solutions (AIS) and claims solutions provider Audatex. 10 July 2019
Insurance
New York-based Assurant has finalised a $1.3 billion 2018 property catastrophe reinsurance programme reducing the company’s financial exposure and protecting 2.9 million homeowners and renters policyholders against severe weather and other hazards. 29 June 2018
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