News
Insurance
As Hurricane Dorian continues to threaten the southeast US coast, a credit ratings firm has identified the primary insurers that could be most affected. 6 September 2019
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
Technology
Re/insurers see cyber and technology risks as the biggest threats they face in the next few years, but with technology rapidly advancing will insurers rise to the challenge? Intelligent Insurer reports on the latest Insurance Banana Skins survey. 3 September 2019
Insurance
California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has closed a $4.5 million Series A round bringing the total funding to $10 million. 28 May 2019
Insurance
General insurer Insurance Australia Group (IAG) has strengthened its board with the appointment Jonathan Nicholson as an independent non-executive director. 11 August 2015
Alternative Risk Transfer
China’s Belt and Road Initiative, the economic project which aims to recreate the ancient Silk Road that linked Europe to Asia, needs protecting. ILS could provide the perfect solution, as Kirill K. Savrassov, chief executive of Phoenix CRetro Reinsurance Company, tells Intelligent ILS. 21 November 2019
Alternative Risk Transfer
January 1 retro and European reinsurance purchasing tend to be a good indicator of what ILS market activity will look like for the rest of the year. If that trend continues, 2020 is set to be a busy year for ILS, perhaps even rivalling 2017, says Brad Livingston of Willis Re Securities. 27 February 2020
Insurance
London-based specialty insurer Newline Group is launching its post-Brexit European Union insurance hub in Cologne, Germany. 29 May 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
Managing general agent (MGA) Concord Specialty Risk has appointed Lidore DeRose as senior underwriting counsel of representation and warranties (R&W) insurance. 1 September 2015
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