News
News
As autonomous vehicles start to become mainstream, it has the potential to change the very structure of the insurance industry – rather than simply how insurers manage the risk. But, according to Vincent Branch, CEO of AXA XL’s Accelerate division, insurers should see this as an opportunity to shape the future, rather than simply serve it. 5 October 2018
Insurance
Barcelona, Spain-based AI-powered sales management software solutions provider ForceManager has acquired Italian technology company Sellf to strengthen its global position. 4 October 2018
Insurance
RenaissanceRe Holdings has responded to a letter by its investor TimesSquare Capital Management, urging the Bermuda-based re/insurer to review its strategy and seek a buyer for the business. 3 October 2018
Insurance
The recent run of large natural disasters to hit Japan has put downward pressure on the creditworthiness of the nation's three largest non-life insurance groups, S&P Global Ratings suggested in a briefing. 3 October 2018
Alternative Risk Transfer
The first quarter of 2018 was the strongest quarter in terms of insurance-linked securities (ILS) issuance since 2009 despite significant catastrophe losses in 2017 from hurricanes Harvey, Irma and Maria, according to the September edition of the Bermuda ILS Market Report. 3 October 2018
Insurance
Re/insurer AXA XL has partnered with Denver, Colorado-based supply chain data platform Parsyl to offer enhanced marine risk prevention services. 3 October 2018
Insurance
Broker Marsh is developing what it describes as the first blockchain-based verification solution for clients in the sharing and gig economies, in partnership with Evident. 3 October 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has increased its capacity for fine art and specie risks to $250 million globally. 3 October 2018
Insurance
TimesSquare Capital Management, an institutional asset management firm with a significant stake in RenaissanceRe Holdings is suggesting that the Bermuda-based reinsurer should explore a potential sale of the company. 2 October 2018
Alternative Risk Transfer
The global ILS market is looking increasingly healthy, as a wide range of industry experts told Intelligent ILS at this year’s Monte Carlo Rendez-vous. 28 September 2018
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