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New products based on technology and data are increasingly being brought to market, while claims processes are being sped up through technologies such as blockchain, freeing up capabilities for new services, according to panellists at an Intelligent Insurer roundtable sponsored by S&P Global Ratings at October’s Baden-Baden Reinsurance Meeting. 10 December 2017
Insurance
Hannover Life Reassurance Company of America (Hannover Re US) has made a series of appointments following the introduction of its partnership solutions team. 29 September 2016
Insurance
Hurricane Irma could possibly be a market-changing event, depending on its path and the level of damage it causes, according to Fitch Ratings. 11 September 2017
Insurance
Verisk Insurance Solutions has completed an agreement with Duck Creek Technologies that will enable Duck Creek customers to access the Verisk Data Exchange – a programme that scores drivers and can be used to determine an appropriate premium. 22 December 2016
Insurance
In 13 Western US states there are 1.8 million single-family homes designated as having extreme or high risk of wildfire damage, representing a combined total reconstruction cost value (RCV) of almost $500 billion, according to data from CoreLogic. 28 October 2016
Insurance
Irma’s insured damage in Florida could be the largest ever in the US, perhaps equivalent to Hurricane Katrina in 2005 which recorded $50 billion on an inflation-adjusted basis, Barclays analyst Jay Gelb said in a Sept. 5 equity research analyst note. 6 September 2017
Insurance
The risk transfer industry in London including Inga Beale, the chief executive of Lloyd’s, has welcomed new regulations detailed by the UK government designed to ensure the UK captures a share of the market. 21 July 2017
Insurance
Specialty managing general agent (MGA) Nexus Group has opened a new office in Cork following the establishment of a branch in Ireland, headed by Stephen Comerford, in July 2016. 21 July 2017
Insurance
Viva Republica, a South Korean fintech startup that developed financial services app Toss, has secured a $40 million round of funding from Singapore-based investment firm GIC and Sequoia China. 19 June 2018
Awards
Intelligent Insurer’s annual Global Reinsurance Research Report contains and yields valuable information about which reinsurers and reinsurance brokers are considered the best in their fields based on various criteria. Here, we reveal the European results and analyse the findings. 20 October 2014
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