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The development of collaborative open architecture platforms in the insurtech space has the potential to offer insurers huge growth—and the maturity of this concept is ahead of the game in Asia, Paul Mang, global CEO of analytics at Aon and Aon Benfield, told SIRC Today. 1 November 2017
Insurance
A return to adequate rates and disciplined underwriting appear to top the Christmas wish lists of most re/insurance executives questioned by Intelligent Insurer as part of a year-end survey designed to reveal what they hope for in 2018. 27 December 2017
Insurance
The opportunity to build a new regulatory regime outside the EU is in the offing, but with details affecting the financial sector still under discussion it remains unclear whether Brussels will issue the equivalence rulings the sector so badly wants. Intelligent Insurer investigates. 16 February 2021
Insurance
Lorega, a UK managing general agent (MGA), has completed a management buyout from a number of minority shareholders. 25 February 2016
Insurance
Markel Corporation said on Oct. 11 that it expects to report third quarter pre-tax underwriting losses of $503 million, net of reinstatement premiums, from Hurricanes Harvey, Irma and Maria as well as the Mexico City earthquakes. 12 October 2017
Insurance
Fidelity National Financial has agreed to acquire title insurance company Stewart Information Services Corporation for an equity value of approximately $1.2 billion. 19 March 2018
Alternative Risk Transfer
American International Group (AIG) has entered into a definitive agreement to acquire all outstanding common shares of Bermuda-based Validus Holdings. 22 January 2018
Insurance
Bermuda-based Fidelis Insurance is replacing its chief underwriting officer and Bermuda CEO Ben Savill who will “leave to pursue other opportunities”. 14 September 2018
Insurance
Boston-headquartered Liberty Mutual Insurance is rebranding its Liberty International Underwriters (LIU Canada) and Ironshore Canada units as Liberty Mutual Canada. 14 September 2018
Insurance
Validus Specialty has expanded its product suite with the launch of crisis management insurance solutions in the US, and appointed Jane McCarthy to lead the development of the new portfolio. 14 September 2018
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