News

Insurance

Cyber risk modelling start-up Kovrr raises $5.5m; sets out to tackle silent cyber with new approach

Israel-headquartered cyber risk modelling firm Kovrr has raised $5.5 million in its latest funding round led by venture capital firms StageOne Ventures and Mundi Ventures, with participation of Banco Sabadell and other private investors.   17 September 2019

Insurance

Willis Towers Watson appoints new UK & Ireland leader for insurance consulting and tech business

Broker Willis Towers Watson has appointed Tammy Richardson to take on the role of UK and Ireland leader for life and property and casualty (P&C) in the company’s insurance consulting and technology business.   1 May 2019

Insurance

Allstate April cat losses at $211m

US personal lines insurer Allstate Corporation estimated catastrophe losses for the month of April 2018 of $211 million before taxes.   17 May 2018

Insurance

AXA Venture Partners raises $150m to invest in early-stage insurtechs

AXA Venture Partners (AVP), the venture capital arm of insurer AXA, has raised $150 million for a new early-stage fund that will invest technology companies mainly focused on the insurance sector.   22 January 2019

Insurance

RSG names CEO of new property cat underwriting facility

Ryan Specialty Group (RSG) has appointed Katie Davies to join an RSG affiliate as president and CEO of a new property catastrophe managing underwriting facility.   15 June 2018

Insurance

Insurers withdrawing cover from coal projects double in 2019

46% of reinsurance market and 37% of industry’s global assets covered by coal exit policies.   2 December 2019

Insurance

Reviewing the Rendez-vous

For the last 55 years, insurance and reinsurance executives have flocked to sunny Monte Carlo to meet with their peers. Intelligent Insurer looks at how Les Rendez-vous de Septembre has changed over the years.   1 September 2012

Alternative Risk Transfer

ILS market remains robust

Fifteen years since the first insurance linked securities (ILS) were launched the market is still growing as more and more organisations choose this method as a way of transferring risk, according to a report by Swiss Re.   1 November 2011

Insurance

Insurance markets in Africa stabilise but insurers ‘less bullish’, finds AIO survey

Insurance leaders in Africa remain cautious about business growth despite market stabilisation following the economic downturn of 2015/16, a survey of insurance CEOs has found.   11 June 2019

Insurance

Sompo poaches head of aviation reinsurance from Qatar Re

Bermuda-based property and casualty re/insurer Sompo International has appointed Patrick Cove as global head of aviation reinsurance. He will be based in the company’s Zurich office.   10 April 2018

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