News
Insurance
When looking to tap foreign markets, many re/insurers are faced with significant barriers to entry such as forced data localisation and caps on foreign investment. The American Property Casualty Insurance Association (APCIA) seeks to leverage the US trade agenda to mitigate these barriers, spotlighting Africa as a land of opportunity. 12 March 2020
Alternative Risk Transfer
UK-based risk management solutions provider Russell Group has launched a new offering that enables casualty underwriters model, price and manage connected risks. 30 August 2017
Insurance
US-based insurance and financial services provider Nationwide has made a strategic venture capital investment in Betterview, a software platform and service provider for capturing and analysing data from drones. 8 May 2018
Insurance
Re/insurer XL Catlin has hired a senior executive from Everest National Insurance for its global excess casualty insurance business. 1 February 2018
Insurance
Warren Buffett’s Berkshire Hathaway has teamed up with Amazon and JPMorgan Chase to form a new non-profit company aimed at improving healthcare options for their US workers, according to a Jan. 30 press release. 31 January 2018
Insurance
US-based insurtech startup OnRisk has formed a strategic partnership with independent Lloyd's broker AFL to develop new technology for structuring and placing property & casualty (P&C) risk. 10 July 2018
Insurance
The new international accounting standard for insurance contracts from 2021, IFRS 17, could temporarily increase the cost of capital for European insurers, Fitch Ratings said in a Jan. 26 note. 29 January 2018
Insurance
Multi-line insurer Zurich Insurance group said on Oct. 19 that it expects aggregate claims in the third quarter of 2017 related to hurricanes Harvey, Irma and Maria, for the group’s property & casualty business, to be approximately $700 million net of reinsurance and before tax. 19 October 2017
Insurance
ARAG Legal Services (UK) is offering personal lines clients insurance to help limit the reputational damage caused by adverse publicity. 19 October 2017
Insurance
Willis Towers Watson claims to have completed the first blockchain transaction for marine insurance in a first for that sector. 6 June 2018
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