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Insurance
US insurtech firm Lemonade grew the business by 1,000 percent year on year in the first six months of 2018 but now wants to reduce the growth pace and address its loss ratio, which doesn’t work well, as the company’s co-founder Shai Wininger wrote in a blog. 21 June 2018
Insurance
In 2014, US insured catastrophe losses reached $15.4 billion, up 19 percent from the previous year, but still well below the ten year average. 22 January 2015
Insurance
Apollo Syndicate Management, an independent specialist insurer and reinsurer at Lloyd’s, has appointed Vinay Mistry as chief risk officer, effective from November 1. He reports to David Ibeson, Apollo’s chief executive. 30 October 2019
Insurance
Ratings agency AM Best has revised the outlook of specialty insurance company ProAssurance Corporation to negative from stable, expressing concern over its operating performance in recent years. 27 September 2019
Insurance
Property Claim Services (PCS), a division of Verisk Analytics, and the Canadian Independent Adjusters' Association (CIAA) have entered into a strategic alliance. 8 January 2015
Insurance
‘His deep knowledge and experience will be invaluable.’ 25 November 2019
Insurance
The transaction is DGOC’s inaugural securitised financing. 25 November 2019
Insurance
AM Best reports that the industry’s net underwriting income rose to $4.5 billion. 25 November 2019
Insurance
Triangle Re provides $302.8m of fully collateralized excess of loss reinsurance coverage. 25 November 2019
Insurance
Italian insurer Generali is set to spend some €3 billion acquiring smaller and mid-size insurance companies and asset managers, its chief executive Philippe Donnet. told Bloomberg in an interview. 3 October 2019
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