News
Insurance
Bermuda specialty re/insurer Sompo International Holdings has unveiled a new subsidiary in Luxembourg, which will cover business written in Continental Europe and have branches in Belgium, France, Germany, Italy, Spain and the UK. 4 September 2018
Technology
The launch of blockchain insurance startup B3i’s Cat XoL product is opening the door for the re/insurance industry to embrace distributed ledger technology. B3i’s chief marketing officer Ken Marke outlines its aims. 14 October 2019
Insurance
Arcus Syndicate 1856, part of Barbican Insurance Group, has expanded its team with the appointment of a specialist property treaty underwriter. 15 March 2017
Insurance
Asia Capital Reinsurance Group has appointed Hue Yann Wei as chief executive officer of its subsidiary, Asia Capital Reinsurance Malaysia (ACR Malaysia). 3 January 2018
Insurance
Lloyd’s Lab, the experimental development hub for Lloyd’s of London, has unveiled its second cohort of 12 teams, which include AI, gig economy, and language processing innovators. 29 April 2019
Insurance
Hokodo, a London and Paris-based technology startup that recently partnered with reinsurer SCOR for its launch product, has raised €1.9 million in seed funding. 4 October 2018
Insurance
The German life insurance market is heavily under pressure in terms of profitability, but this represents a great opportunity to provide finality to portfolios by using run-off as a strategic tool, Robert Buchberger, managing director at Pro Germany, told Baden-Baden Today. 24 October 2018
Insurance
The market is now well overdue a fundamental correction in pricing, something Stephen Catlin will look to capitalise on with his new venture Convex Group, unveiled yesterday (Tuesday May 1). He claims that losses in the industry have been so severe in recent years they are on the verge of destroying capital – something that should prompt a radical change. 1 May 2019
Insurance
Data provider PERILS said on Aug. 23 that its third loss estimate for windstorm Thomas, also known as Doris, was €249 million. 23 August 2017
Insurance
Car insurance premium cuts are speeding up and have dropped 9.1 percent year on year to an average £766 in the UK with black box technology – so-called telematics – helping to drive the fall in prices, analysis from Consumer Intelligence shows. 27 September 2018
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