News
Alternative Risk Transfer
Market participants are expecting steadily rising reinsurance pricing over the course of 2019, according to Keefe, Bruyette & Woods (KBW) analysts. 20 December 2018
Insurance
California-based TicketGuardian, an insurtech firm providing technology solutions for its wholly-owned insurance subsidiary, FanShield, has raised $8 million Series A funding led by American Family Ventures and IA Capital Group. 20 December 2018
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has withdrawn from the Hong Kong employees’ compensation (EC) terrorism pool for policies starting or renewing on or after Dec. 1, 2018. 10 December 2018
Insurance
German insurer Allianz is convinced of its reorganisation of the life business which is under pressure due to a low interest rate environment, especially in Germany where insurers have offered guaranteed returns to clients that are now difficult to meet. 17 February 2017
Insurance
UK insurers will breathe a sigh of relief if a Covered Agreement between the UK and the US is in place by December—and it appears that Congress has the desire to make this happen, Robert Gordon, PCI’s senior vice president, policy, research and international, told PCI Today. 29 October 2018
Insurance
Howden, the retail broking arm of Hyperion Insurance Group, has appointed José Manuel González as the new CEO of Howden Broking Group. 4 June 2018
Insurance
The Federal Emergency Management Agency (FEMA) has contracted actuarial consulting firm Milliman to redesign flood insurance products across the National Flood Insurance Program (NFIP). 16 November 2017
Insurance
More than $1.3 billion of insurtech funding was completed during the third quarter of 2018, double the figure from the previous quarter, according to Willis Towers Watson research. 20 December 2018
Alternative Risk Transfer
The ILS market has continued its spectacular growth and steady evolution to become an important part of the re/insurance toolbox, according to Paul Schultz of Aon Securities. 29 October 2018
Insurance
Lloyd's has strengthened its capital position through the issuance of a new £300 million 30-year Non-Call 10 subordinated bond. 31 January 2017
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