News

Insurance

AIG urged to stop insuring Australian coal mine by 100,000 environmental protestors

Major insurer AIG has come under intense pressure in Australia to rule out insuring a coal mining project as more than 100,000 environmental protestors voice concerns.   30 August 2019

Insurance

Meteo Protect launches ‘quick to set up’ parametric cover platform

Paris-based underwriting agency Meteo Protect has launched ParametricAPI.com its open insurance application programming interface (API) to enable insurers and startups to run their own parametric insurance programs.   30 August 2019

Insurance

Landmark Underwriting hires Liberty's Roger Millgate as head of global professional indemnity

Specialist managing general agent (MGA) Landmark Underwriting has hired Roger Millgate as head of global professional indemnity (PI) from Liberty Specialty Markets.   30 August 2019

Alternative Risk Transfer

Convergence capital expected to rebound after losses settle but investors will be cautious: S&P

A new report by S&P Global Ratings suggests that alternative reinsurance or third-party capital is likely to remain 'key' in the global market as reinsurers grapple to stay competitive following large losses in the recent years.   29 August 2019

Alternative Risk Transfer

Willis Re underlines importance of ILS relationships

A report published this month by Willis Re Securities claims that relationships are important as the ILS market returns to a more normal environment.   29 August 2019

Insurance

Re/insurers turn to structured deals amid intense competition: S&P

Increasingly intensifying competition in the market has forced property and casualty re/insurers to rethink their business strategies and how best to deploy capital resources.   29 August 2019

Insurance

Hyperion's Dual appoints new UK & Europe COO from Hiscox

Dual, the specialist underwriting arm of Hyperion Insurance Group, has appointed Rebecca Ince as chief operating officer (COO) of UK & Europe.   28 August 2019

Insurance

Lack of diversity in insurance can't be fixed overnight — it's a work in progress

The dial is slowly shifting for diversity and inclusion in the insurance industry, but is still lagging far behind other sectors due to the lack of flexibility in workplaces and initiatives to support change.   28 August 2019

Insurance

Insurtech Kin raises $47m to launch Florida carrier with Hudson Structured backing

Chicago-based insurtech start-up Kin has raised $47 million funding from new investors including Hudson Structured Capital Management (HSCM Bermuda), August Capital, Avanta, and UChicago Startup Investment Program.   28 August 2019

Insurance

Munich Re's ERGO partners with AI-powered insurtech FRISS to improve claims process

Insurtech FRISS, a provider of artificial intelligence-based fraud and risk solutions for the property/casualty (P&C) insurance industry, has partnered with Munich Re company ERGO Germany.   28 August 2019

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