News
Insurance
The Insurance Council of Australia (ICA) has declared a catastrophe for damage caused by storms that struck parts of regional Victoria and metropolitan Melbourne on Tuesday December 19. 21 December 2017
Insurance
As India opens its market to international reinsurers, major foreign players are applying for licences to take advantage of the country’s strong growth potential. But they will encounter a fairly soft market with prices likely to depreciate further due to the additional inflow of capacity, and a paramount state-run competitor, experts believe. 13 October 2016
Alternative Risk Transfer
The spate of heavy losses in 2017 and 2018, compounded by ‘loss creep’ as some funds struggled to post accurate loss estimates, seems to have made ILS investors pause for thought, with many being much more circumspect as to where to place their money. Intelligent Insurer investigates. 13 February 2019
Insurance
As the Indian market opens up to foreign reinsurers, it can offer opportunities for long-term growth but also risks for reinsurers that are unprepared. Only players with technical expertise and a long-term plan will prosper, says Philip Chung, director at S&P Global Ratings. 12 October 2016
Insurance
Specialist insurer Beazley has appointed David Roberts to its board as a non-executive director. 25 October 2017
Insurance
Specialist re/insurance broker BMS Group has secured a significant long-term investment from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP). 6 June 2019
Insurance
The International Union of Aerospace Insurers (IUAI) has appointed Chris Kunstadter as union president, taking over from Jeff Cassidy. 8 July 2016
Insurance
London & International Insurance Brokers’ Association (LIIBA) chairman Roy White has written to the UK’s prime minister Theresa May to drive attention to the fact that insurance intermediates do not have an equivalence framework in place to allow for business continuity after the UK leaves the EU. 22 August 2018
Insurance
ZhongAn International, a subsidiary of China's first internet-based insurer ZhongAn Online P&C Insurance, has received a strategic investment from the Japanese investor SoftBank Vision Fund. 21 August 2018
Insurance
US-based insurtech development platform Boost Insurance has raised a $3 million funding round and has partnered with State National Companies and Nephila to provide a turnkey solution for both early stage and expanding insurtech start-ups. 27 September 2017
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