News
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
Insurance
Insurers are guilty of spending too much time navel-gazing rather than thinking about customers. This, argues Stuart Sutherland, Liberty Specialty Markets’ head of casualty, has to change. 3 June 2019
Insurance
Swiss Re has announced that its share buy-back programme of up to one billion Swiss Francs (£660 million) will start on 12 November 2015. The programme, announced on 29 October 2015 and authorised by the firm’s annual general meeting on 21 April 2015, will run until 2 March 2016 at the latest. 11 November 2015
Insurance
Insurer Chubb has appointed Tressie Norton as senior underwriter, transactional risk, for the UK and Ireland in a bid to expand its insurance capabilities in this area. 16 June 2016
Insurance
Reinsurers are particularly exposed to the UK’s decision to lower the Ogden personal injury discount rate by far more than expected, which is boosting victims’ compensation and the need for reserves, impacting the profitability of the business. 21 March 2017
Insurance
The re/insurance market in Brazil is turning a corner as the government makes changes that will nurture growth, according to Marcelo Raposo, General Representative Brazil, Tokio Marine Kiln. 27 October 2015
Insurance
Verisk Analytics, a provider of property/casualty (P&C) insurance risk information, has acquired London-based Rulebook for $87 million in cash. 3 December 2018
Insurance
Insurance giant American International Group (AIG) has partnered with technology firm IBM to develop a "smart" insurance policy that uses blockchain to manage complex international coverage, Reuters reported on June 14. 15 June 2017
Insurance
US-based Assurant, a provider of risk management solutions, will move closer to completing its acquisition of The Warranty Group, a provider of protection plans, for some $2.5 billion if it succeeds in completing a $900 million senior debt sale this week. 27 March 2018
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