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Insurance
Material one-off Ogden rate cut hits reserves, profits but not ratings: Moody's
Motor re/insurers face a material one-off reserving hit due to the UK’s Ogden personal injury discount rate cut, hurting profitability, but ratings will remain unaffected, Moody's said.   7 March 2017
Insurance
Insurers brace for potential surprises in UK’s Spring Budget
The insurance industry worries that further levies could be included in the UK government 2017 Spring Budget to be published on March 8.   7 March 2017
Insurance
Insurers’ cyber risk vulnerabilities laid bare
Cyber risk is increasingly becoming a worry for insurance companies as the industry accelerates the digitization of the business, according to a Boston Consulting Group (BCG) report.   7 March 2017
Insurance
Reinsurers face growth opportunity in US flood risk
The US National Flood Insurance Program (NFIP) has tested the transfer of flood risk to the private reinsurance sector, paving the way for a large-scale privatisation of US flood risk.   30 November 2016
Insurance
Aviva partners with tech start-up on workplace pensions
Aviva, the UK’s largest insurer, has teamed up with HR and insurance tech start-up hibob to help small and medium-sized companies set up their workplace pension schemes.   6 March 2017
Insurance
Insurers count cost of Sydney storm; IAG calculates reinsurers’ share
Australian insurers have started estimating the likely cost of the hailstorms that hit the East Coast on February 18.   6 March 2017
Insurance
Meeting the cyber insurance challenge – head on
AkinovA hosted its first ‘Ask The Experts’ private event and Q&A evening in May, bringing together some of the insurance, forensics, capital markets, modelling and legal industries’ leading experts on cybersecurity. Bermuda:Re+ILS summarises some of the points made at the event.   24 July 2020
Insurance
European insurance M&A activity slows in 2016
European non-life and life insurers engaged in less merger and acquisition (M&A) activity in 2016 than in either of the preceding two years, according to AM Best.   10 April 2017
Insurance
Munich Re leads $45m funding for insurtech start-up Trov
California-based insurtech start-up Trov has closed $45 million in Series D funding led by Munich Re through its venture capital arm HSB Ventures.   7 April 2017
Insurance
AXA Asia CEO Laurent Josi steps down
French insurer AXA has announced that its Asia CEO Jean-Louis Laurent Josi has stepped down from his executive responsibilities and is leaving the company by year-end.   29 June 2017

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