News

Insurance

Hurricane Ian insured losses jump ‘significantly’ at Florida’s Citizens

The revised projection reflects costs from litigation and other claims expenses.   15 November 2022

Insurance

Insurtech Send bags $10m+ to fund growth in UK, US and new markets

Send claims to have developed the most advanced underwriting workbench on the market.   15 November 2022

Insurance

AI insurtech omni:us targets Europe & UK expansion with €12m funding

The insurtech plans to further invest in its end-to-end claims automation technology.   15 November 2022

Insurance

Aircastle files $266m lawsuit on confiscated Russian aircraft

Chubb leads list of 59 major defendants on double-digit exposure.   15 November 2022

Insurance

EMEA insurers in midst of a ‘perfect storm’

Premium rate increases might match inflation but be insufficient to strengthen profitability, says S&P.   15 November 2022

Insurance

Top Ageas officer to exit after 11 years, new leader revealed

The appointee is ‘someone very familiar’ with the group and the insurance sector.   15 November 2022

Insurance

US insurer Skyward Specialty files for IPO

The number of shares to be offered and the price range are yet to be determined.   15 November 2022

Insurance

Cyber MGA Elpha partners with CyberCube to expand in ILS space

The MGA looks to attract capacity from providers operating within the ILS space.   14 November 2022

Insurance

Talanx GWP set to top €50bn for first time in 2022 despite ‘high large losses’

The company’s large losses rose to €1.9bn in 9M, exceeding its budget of €1.4bn.   14 November 2022

Reinsurance

Trying to get lucky: have insurtechs missed their chance for funding?

There is still funding and opportunities for partnerships, but innovative businesses will have to work harder—and smarter—if they want to succeed, says an Intelligent Insurer panel.   14 November 2022

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