News
Technology
Cyber is a peril that carriers are anxious to get a good handle on. The challenge is that cyber threats are evolving all the time, making the attacks and subsequent losses hard to pin down in policy wordings. Pamela Negosanti, head of sector strategy, Financial Services and Insurance (FSI) at expert.ai, reveals why cyber is so difficult to underwrite without ambiguity, and how artificial intelligence and natural language understanding may be key to understanding the details. 26 April 2021
Insurance
The collaboration has led to the RAC taking a stake in insurtech Wrisk. 19 November 2019
Insurance
CCR Re, the French government backed reinsurer, has announced the appointment of Andreas Ofner as vice president of treaties for Germany, Austria and Switzerland. 23 October 2017
Alternative Risk Transfer
Pool Re, the UK’s state-backed terrorism reinsurer, wants to increase the number of reinsurers willing to participate on its retrocessional placements and the number of investors willing to support its ILS programme as it cannot buy as much capacity as it would like. 10 September 2019
Insurance
Prolonged lower interest are rates a bigger worry than Brexit for insurers. 8 October 2019
Insurance
DL Dale & Others' Syndicate 2525, a specialist employers’ and third party liability Lloyd’s insurer managed by Asta Managing Agency, has strengthened its underwriting team with key hires from Aspen Insurance. 15 March 2018
Insurance
Fannie Mae, the US government-backed financial institution that provides liquidity to the US mortgage markets by buying mortgages from lenders, has completed a multi-tranche credit insurance risk transfer (CIRT) transaction that covers a pool of $11.7 billion of multifamily loans. 28 March 2019
Insurance
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has launched an innovative risk management product that combines insurance with cyber attack protection services. 5 February 2019
Insurance
The re/insurance industry loss from extratropical cyclone Friederike (also called David) has reached €1.68 billion, according to Zurich-based catastrophe insurance data provider PERILS. 17 July 2018
Insurance
Pioneer Underwriters has hired a financial lines underwriter from Chubb to boost its financial institutions unit. 4 January 2018
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