News
Alternative Risk Transfer
US-based property/casualty insurer Travelers has increased its catastrophe bond coverage to take advantage of the favourable pricing environment while reducing traditional reinsurance purchase, Travelers chief financial officer Jay Benet said during the second quarter 2018 conference call. 23 July 2018
News
SCOR Global P&C will be organised around three business units plus transverse functions, which will all cooperate for clients’ benefit, according to a corporate presentation. 5 September 2018
Insurance
Insurance firm Starr Companies has promoted Richard Bessinger to chief underwriting officer. 27 June 2017
Insurance
The insurance industry needs to become more diverse if it’s to avoid being left behind by the rest of the economy, according to a panel discussion at the Intelligent InsurTECH Europe 2018 conference in London today. 15 October 2018
Insurance
Insurtech startup CoverWallet has closed an $18.5 million series B funding round led by Foundation Capital with participation from existing investors Union Square Ventures, Index Ventures, CV Starr, and Two Sigma Ventures. 16 October 2017
Insurance
While global insurance hubs such as London (including the Lloyd’s market) and Bermuda remain at the forefront of innovation for the industry, times are changing and the location of people’s desks is less important than it once was. 25 June 2014
Insurance
Broker JLT has joined the London Market’s electronic placing platform Placing Platform Limited, according to an Oct. 30 statement. 1 November 2017
Insurance
Mergers and acquisitions grew 9 percent in the global insurance sector in 2018 as insurers looked to increase their access to customers and innovation, and benefit from greater scale, according to a Clyde & Co report out today (Monday 11 February). 11 February 2019
Insurance
The fear factor of an impending and costly cyber attack is driving rapid growth in this market, according to a survey by specialist lines underwriting agency CFC Underwriting conducted at the 2016 Cyber Symposium in London. 5 January 2017
Insurance
Argo International, the Lloyd’s insurer and member of Argo Group, has appointed Greg Walters as class underwriter for its onshore energy account. He will report to head of marine & energy Philip Thorpe-Apps. 1 April 2014
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