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Strategically, insurers are reducing the capital intensity of the business by focussing on health, protection, unit-linked, asset management and short-tail property/casualty (P&C) lines, according to Morgan Stanley. 13 April 2018
Insurance
The UK unit of French insurance giant AXA has partnered with pay-by-mile insurtech startup By Miles, which is launching a product aimed at motorists that drive infrequently – typically under 7,000 miles a year. 13 April 2018
Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has formed a reinsurance expert committee to review the current regulatory framework for the market. 9 May 2017
Insurance
US underwriters need a more detailed understanding of flood risk if they are to capitalise on the growing private insurance market, according to global flood mapping specialist JBA Risk Management. 14 February 2017
Insurance
Aspen Insurance has closed its Bermuda-based US property insurance unit following high natural catastrophe losses in 2017 that included the recent wildfires in California. 19 February 2018
Insurance
Bermuda-based specialist global insurer Hiscox has appointed Louise Dennett to the newly-created role of director of finance change. 13 February 2017
Insurance
Insured catastrophe losses in the third quarter of 2017 could exceed $100 billion and become the costliest in history, according to an Oct. 3 Morgan Stanley research note. 4 October 2017
Insurance
Willis Towers Watson has made a series of senior appointments to newly-created roles in its North America corporate risk and broking (CRB) business. 4 October 2017
Insurance
Specialty re/insurer Brit experienced an overall rate reduction of 1.3 percent in 2017, following a 3.3 percent reduction in 2016. 16 February 2018
Insurance
Bermuda-based insurer White Mountains has appointed Reid Campbell to become its chief financial officer (CFO). He succeeds David Foy who will remain an advisor to senior management through the end of 2017. 3 May 2017
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