News
Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has granted special approval to 11 cross-border reinsurers (CBR) for the year 2019-20, according to a circular issued on April 04. 8 April 2019
Insurance
Technology-driven risk solutions provider Sedgwick has appointed Zoë Kay as its international head of marketing. 19 July 2019
Insurance
The UK’s Prudential Regulatory Authority (PRA) has sent a request to the country’s largest general insurers to provide information about the impact of a range of stress tests on their projected Own Funds, as well as providing additional information on their sectoral exposures to the UK economy. 12 April 2017
Alternative Risk Transfer
Bermuda-based specialist insurer Hiscox has grown gross written premiums by 24.3 percent year on year to $1.16 billion in the first quarter of 2018 as Hiscox London Market and Hiscox Re & ILS took advantage of the hardening market at the Jan. 1 renewals. 8 May 2018
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Cyber liability is one of the hottest topics in the Asian insurance market today, Patrick Chan, director and general manager at Hong Kong-based Nova Insurance Consultants, told EAIC Today. 13 October 2016
Insurance
Capacity for the proposition for foreign direct investors is led by Hiscox. 19 November 2019
Insurance
Specialty managing general agent (MGA) Nexus Group said that Charles Penruddocke has joined as non-executive deputy chairman of Nexus CIFS and Equinox Global in a Nov. 2 statement. 3 November 2017
Insurance
Global Risk Partners (GRP) has appointed Scott Hallett to the newly-created role as investment director. 26 September 2019
Insurance
American International Group (AIG) has completed its acquisition of Bermuda-based Validus Holdings after receiving regulatory and shareholder approvals. 18 July 2018
Insurance
The need to innovate and automate claims processes is nothing new for insurers. Insurers therefore need to be able to identify and adopt technology solutions that are scalable and adaptable, and it’s vital for them to improve the value offering to insurance customers. With the right technology in place, claims can be expedited to improve customer and employee satisfaction by reducing leakage and by empowering the workforce to meet ever-growing and demanding customer expectations. 23 September 2021
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