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Mounting pressure on governments and insurers to adopt more sustainable models is driving investment in renewables. But climate change coupled with an adjusting insurance market is making renewables projects more expensive to insure. 13 March 2020
Alternative Risk Transfer
Generali has said the success of its recent catastrophe bond shows that investors appreciate the company’s recent moves to streamline its balance sheet and ensure long-term profitability. The bond also provides it with more flexibility and diversity of capital, the Italian insurer said. 29 April 2014
Insurance
Insurer Chubb has appointed Jonathan Kennett as head of financial institutions for the UK and Ireland and Chubb Global Markets (CGM), the insurer's London Market wholesale and specialty arm. 9 April 2019
Insurance
French reinsurer SCOR has made a strategic investment in California-based health data start-up HumanAPI. 21 February 2019
Alternative Risk Transfer
Artex Risk Solutions has confirmed it will acquire Bermuda-based Horseshoe Insurance Services Holdings which it said will “significantly strengthen” its insurance-linked securities (ILS) operations. 3 October 2019
Insurance
Global specialist insurer Hiscox is introducing a customer messaging solution from Boston, Massachusetts-based insurtech firm Hi Marley for AI-powered claims handling communications. 3 September 2018
Insurance
Bermuda-based AXIS Capital has hired Govind Balu as chief analytics officer to lead a range of initiatives including the implementation of machine learning and artificial intelligence across the organisation. 9 January 2019
Insurance
Verisk, a data analytics provider, has launched Black Box 3 (BB3), a new solution available in parts of Canada, Europe, Australasia, and Asia, that helps insurers underwrite risks posed by travellers with pre-existing medical conditions. 9 January 2019
Insurance
Beaufort Underwriting Agency, the Munich Re owned Lloyd's managing agent (MGA) for MSF Pritchard Syndicate 318, has contracted insurance software provider VIPR for its bordereaux management system Intrali, to manage its data. 20 January 2017
Insurance
He replaces Dermot Joyce, who remains an active shareholder in the business. 25 November 2019
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