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Insurance
It looks increasingly likely that the much-anticipated deal between Ace and fund manager BlackRock will copy the sidecar-type arrangement used by so many reinsurers and ultimately generate fee income for Ace by underwriting third party risks – as opposed to the vehicle insuring Ace’s business only. 5 March 2015
Insurance
QBE Australia has appointed Tim Air to the newly created role of national manager, marine specialty risks (MSR), effective 8 December 2015. 9 December 2015
Insurance
If Hurricane Andrew were to recur today the expected total industry insured losses, based on today's exposures, would be approximately $56 billion in the US, catastrophe risk modelling firm AIR Worldwide said on Aug. 21. 21 August 2017
Insurance
Data analytics provider Verisk Analytics said on Aug. 21 that it has signed a definitive agreement to acquire London-based software provider Sequel from HgCapital and other Sequel shareholders for a purchase price of £250 million. 21 August 2017
Insurance
Cyber insurance is increasingly becoming a growth driver for German commercial insurer HDI Global, according to CEO Christian Hinsch. 21 August 2017
News
Broker BMS is looking to collaborate with its suppliers and insurers to ensure it maximises the potential of insurtech solutions, and it has set up a new unit dedicated to achieving this, Adam Stafford, the chief operating officer of BMS Group, told Baden-Baden Today. 22 October 2018
Technology
Bought By Many, an insurtech platform that designs and sells niche insurance products, is seeking business partners in Sweden as it launches its pet insurance product in the country in a move that could represent a template for its further expansion. 31 July 2018
Insurance
TransRe helped boost the results of parent company Alleghany Corporation in the first quarter of 2018, though the company’s group CEO expressed disappointment that rate hikes in the reinsurance business were not higher following the high cat losses of 2017. 4 May 2018
Insurance
Aspen Insurance has closed its Bermuda-based US property insurance unit following high natural catastrophe losses in 2017 that included the recent wildfires in California. 19 February 2018
Insurance
With traditional gilts giving the lowest rate of return for decades, insurers have been forced to start looking for alternative sources of investment income. Intelligent Insurer investigates. 15 December 2015
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