News
Insurance
Fannie Mae, the US government-backed financial institution that provides liquidity to the US mortgage markets by buying mortgages from lenders, has completed two new front-end credit insurance risk transfer (CIRT) deals. 12 July 2019
Insurance
Bahrain’s status as the re/insurance hub in the Middle East is waning as other countries in the region have started to overtake it with newer risk based regimes, making the Arab-state’s insurance sector, historically viewed as progressive and comprehensive, look “slightly antiquated”, according to ratings firm AM Best. 10 July 2019
Insurance
Re/insurance broker Aon has launched an IFRS 17 (International Financial Reporting Standard) solution on its capital modelling platform to help insurers fulfil their reporting obligations. 8 July 2019
Insurance
Allianz Group is launched a new strategy to address cyber risks in commercial, corporate, and specialty insurance policies of its property & casualty (P&C) companies, and has established a new center of competence to lead the initiative. 5 July 2019
Insurance
Korean Re’s reinsurance subsidiary in Switzerland, which opened on 1 June 2019, has achieved an ‘A’ rating from S&P Global Ratings. 5 July 2019
Technology
Israel is one of the most technology-driven economies in the world, with innovation at the heart of its business culture, and it is poised to become the global hub for insurtech innovation. Intelligent Insurer investigates. 5 July 2019
Insurance
Insurance and reinsurance marketplace Lloyd’s has mandated that from 1 January 2020 all insurers are required to provide clarity about cyber coverage by either excluding or providing affirmative coverage. 5 July 2019
Insurance
Specialist insurer Markel International has appointed Keith Paul as senior underwriter in its trade credit and political risk team in Dubai. 5 July 2019
Insurance
Allianz Insurance has appointed David Harris as its new regional motor underwriting manager for UK Midlands and the South West region. 5 July 2019
Technology
The demand for global cyber cover is growing, but as the marketplace has become progressively crowded and fragmented, identifying the best solution has
become increasingly difficult. Reza Khan and Jamie Bouloux, the leadership behind
EmergIn Risk, explain to Intelligent Insurer how they have built an organisation prepared to offer differentiated and bespoke solutions on a global basis. 3 July 2019
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