News
Insurance
Swiss Re Corporate Solutions has provided the risk capacity for a so-called Solar Revenue Put, a credit enhancement that guarantees up to 95 percent of a solar project’s expected energy output, which has also been described as a new type of insurtech potentially worth billions. 15 November 2018
Insurance
Ratings agency AM Best has assigned a financial strength rating of A (Excellent) with a ‘stable’ outlook to Brit Reinsurance (Bermuda), a wholly-owned subsidiary of specialty re/insurer Brit, reflecting a "very strong" balance sheet. 19 September 2019
Insurance
Re/insurer XL Catlin has expanded its inland marine field operations with the addition of Russell Crooks and Maria Klein in San Francisco and Baltimore, respectively. 22 June 2017
Insurance
US-based insurtech development platform Boost Insurance has raised a $3 million funding round and has partnered with State National Companies and Nephila to provide a turnkey solution for both early stage and expanding insurtech start-ups. 27 September 2017
Insurance
Broker Willis Towers Watson has appointed Sampath Soysa as claims manager – Northern and Southern region Australia, within its Corporate Risk and Broking (CRB) team. 27 September 2017
Alternative Risk Transfer
Issuance volumes of cat bonds fell in the 12 months to June 30, 2018, but this is not a true reflection of the market’s inherent robustness as it continues to mature and evolve, according to Aon’s latest ILS report. 29 November 2018
Insurance
New York-based Marsh & McLennan Companies (MMC) has appointed Stacy Mills as its new vice president and controller. She will also serve as the firm’s chief accounting officer. 18 December 2017
Insurance
Insurance giant American International Group (AIG) has partnered with technology firm IBM to develop a "smart" insurance policy that uses blockchain to manage complex international coverage, Reuters reported on June 14. 15 June 2017
Insurance
Global specialty insurance holding The Navigators Group has entered into a share purchase agreement for the acquisition of all of the shares of Antwerp, Belgium-based Assurances Continentales - Continentale Verzekeringen NV (ASCO) and Bracht, Deckers & Mackelbert NV (BDM). 18 December 2017
Insurance
Insurtechs are at the forefront of the movers and shakers and mould breakers of the re/insurance world. Intelligent Insurer selects its top 25 to watch 1 December 2022
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