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Alternative Risk Transfer
Bermuda-based mortgage insurance provider Essent Group has closed a $424.4 million reinsurance transaction and related mortgage insurance-linked notes offering. 26 March 2018
Insurance
Severe thunderstorms leading to flash floods and hail across the eastern two-thirds of the US in June led to $4 billion economic losses and $3 billion of claims for insurers, according to Aon’s Global Catastrophe Recap report. 11 July 2018
Insurance
Allianz Global Corporate & Specialty (AGCS) has partnered with Silicon Valley-based cyber risk analytics and modelling firm Cyence in order to improve its cyber risk analysis and capabilities. 27 September 2017
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has bought the remaining 51 percent share in WNC Holdings that it does not already own. 9 July 2018
Insurance
Re/insurer Aspen Insurance Holdings has announced that Richard Bucknall and Peter O’Flinn will not stand for re-election to the company’s board of directors when their current terms expire at the next Annual General Meeting scheduled to take place on April 21, 2016. 8 February 2016
Insurance
Despite challenges, the industry is facing a broad horizon of opportunity. 17 September 2020
Insurance
Ratings agency AM Best has highlighted concerns about further amendments being proposed to the International Accounting Standard, IFRS 17, which seeks to reflect market values in the published financial statements of insurers. 16 September 2019
Insurance
China's first internet-based insurer ZhongAn has entered a joint venture with Grab, a ride-hailing and fintech platform, to launch a digital insurance marketplace in Southeast Asia. 16 January 2019
Insurance
Zurich-based global reinsurer Swiss Re's half year 2019 net profit fell despite strong reinsurance performance in both property/casualty and life & health segments and investment gains, due to losses stemming from natural catastrophes, Ethiopian Airlines crash, Boeing 737 MAX fleet grounding, and a large reserve charge for Corporate Solutions business. 31 July 2019
Insurance
Plum Underwriting, a household insurance managing general agent (MGA), has launched two full cycle electronic data interchange (EDI) products eLet and eFlex on Open GI, the technology solution. 25 February 2016
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