News
Insurance
Re/insurer AXA XL has partnered with Accenture to offer global cybersecurity expertise, including threat intelligence, risk mitigation and post breach services, to its underwriters, brokers and clients. 25 September 2019
Insurance
Insurance carriers globally could seize $375 billion in new revenue in the next five years by transforming and revitalizing their businesses, according to a new report from consultancy firm Accenture. 13 February 2018
Insurance
Zurich has become the first major global insurer to align with United Nation's climate change goals by committing to using 100 percent renewable energy in all global operations by the end of 2022, and to stop writing certain thermal coal and oil sands risks. 26 June 2019
Insurance
Starr Companies is introducing commercial primary auto coverages in all provinces and territories in Canada. 18 October 2017
Insurance
The shareholders of Bermuda-based Aspen Insurance Holdings have approved the $2.6 billion Aspen acquisition offer by alternative investment manager Apollo. 11 December 2018
Insurance
Lloyd's has donated £5m to the fund supported by the ABI, BIBA and the London Market Group. 18 May 2020
Insurance
As managing general agents continue to flourish, John Holm, head of MGA Investments, Asta, explains to Monte Carlo Today what it takes for an MGA to succeed in this market. 11 September 2016
Insurance
US-based artificial intelligence (AI) startup Zesty.ai has secured a $13 million investment in its Series A financing round, led by Luxembourg-based private investment fund Blamar. 10 December 2018
Alternative Risk Transfer
Alternative capital has reloaded after the major nat cat events in 2017 and is in good shape to compete for cedants with the traditional reinsurance players and cause further pressure on rates, as recent market reports by Aon Benfield and Fitch Ratings suggest. 25 April 2018
Insurance
US credit rating firm Moody’s has said it expects Zurich’s earnings coverage and capital and financial leverage to be negatively affected by the insurer’s announcement that it will show some $100 million of operating losses in its general business for its fourth-quarter 2015 earnings. 25 January 2016
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