News
Insurance
A number of US insurers have released estimates of what impact new US tax laws will have on their businesses with most anticipating immediate one-off charges but a longer-term positive effect on profits. 9 January 2018
Insurance
UK brokers are increasingly modernising their trading practices to embrace e-trading, with 94 percent currently placing business electronically, according to FWD Research, a research consultancy, which has competed a report on the use of e-trading by brokers. 2 July 2019
Insurance
Gradient AI, an artificial intelligence solutions provider in the insurance technology space, has raised $6 million in a Series A financing led by Forte Ventures and Sandbox Insurtech Ventures. The round also includes participation from Gradient’s existing investor MassMutual Ventures. 7 October 2019
Insurance
Specialist insurer Markel Canada has acquired the entire business of managing general agent (MGA) Allsport Insurance Marketing after recently buying the remaining 50 percent that it did not already own. 7 April 2017
Insurance
Insurance Council of Australia to meet with Australian prime minister Scott Morrison. 6 January 2020
Insurance
Recent flood damage caused by storm Ciara and Dennis has heightened awareness of growing flood risks again. Parametric flood policies and live flood forecasting are key developments allowing insurers and business to tackle flood risk. 18 February 2020
Insurance
Chicago-based Ryan Specialty Group (RSG) is to acquire the assets and operations of Atlantic Specialty Lines (ASL), a privately owned wholesale insurance brokerage headquartered in Richmond, Virginia. 9 May 2019
Insurance
COVID-19 has accelerated some long-awaited changes to the way business is transacted in the 330-year-old insurance marketplace. 2 June 2020
Insurance
State-owned reinsurance group China Re has completed its 100 percent equity acquisition of Hanover Insurance international Holdings - the holding company of Chaucer Holdings - from The Hanover Insurance Group. 2 January 2019
Insurance
Property/casualty insurer WR Berkley Corporation has launched a new unit under former AIG executive Jeanne Fenster that will provide primary commercial transportation insurance products in the US for standard and preferred risks. 28 June 2019
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