News
Alternative Risk Transfer
Bermuda-based AXA XL's reinsurance operation has completed the acquisition of all third party ownership interests in New Ocean Capital Management, its majority-owned asset management affiliate. 20 November 2018
Insurance
Intermediaries such as brokers or managing general agents (MGAs) need to lift their game for insurers to better understand their clients’ needs and improve their products and services based on this, said Lakshan De Silva, chief technology officer at technology firm Intellect SEEC. 19 November 2018
Insurance
Insured losses from The Camp and Woolsey Wildfires are expected to reach between $9 billion and $13 billion, according to data provider RMS. 19 November 2018
Insurance
Tokio Marine Group is transferring its existing portfolio of policies written out of Continental European operations to its newly established subsidiary Tokio Marine Europe (TME) in Luxembourg in preparation for Brexit. 19 November 2018
Insurance
Bermuda-based specialist re/insurer Ascot has appointed John O’Brien as executive vice president and head of environmental. 19 November 2018
Insurance
UK-based Folgate Insurance Company has partnered with re/insurer MS Amlin to underwrite its business for 2019. 19 November 2018
Insurance
The European insurance sector faces challenges from non-insurance players which is likely to drive mergers and acquisitions (M&A) activity, according to a report by Moody’s. 19 November 2018
Insurance
Berlin-based finleap, a company builder specialising in fintech, has raised €41.5 million in a new funding led by Chinese insurer Ping An‘s Global Voyager Fund. 19 November 2018
News
The warning signals from 2017 are clear: the future success of our industry will depend on the strength of our partnerships and our ability to combine the knowledge and assets of each in order to develop innovative solutions, says Moses Ojeisekhoba of Swiss Re. 16 November 2018
Insurance
The British Insurance Brokers Association (BIBA) has echoed the concerns of other bodies in arguing that the draft Brexit agreement revealed today (November 15) does not offer a solution for UK brokers trading with retail and commercial customers in Europe. 15 November 2018
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