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The re/insurance industry is facing a structural shift as a consequence of the impact of technology, but not every insurtech venture and vendor will be successful, Stefan Holzberger, chief rating officer at AM Best, told delegates at PCI yesterday. 30 October 2018
Insurance
A few years ago there was plenty of talk about alternative capital being a major threat to the sector and something that was going to radically transform it. That view has changed, Robert DeRose, senior director, Global Reinsurance Ratings and Greg Carter, managing director, Analytics EMEA & AP, at AM Best, told Monte Carlo Today. 10 September 2019
Insurance
Gossmann & Cie, the company formed by former DARAG chief Arndt Gossmann to develop a new capital management tool for insurers, will form a carrier on Malta by the end of the year, which will utilise the domicile’s protected cell company (PCC) regime to assume liabilities for its first clients. 10 September 2019
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Swiss Re has formed a new capital markets unit in Luxembourg and applied for authorisation to trade with EEA based clients to ensure trading continuity post-Brexit. 30 January 2019
Insurance
Too much potential business should be a nice problem to have. However, sifting through submissions that may—or may not—make up profitable future lines of coverage comes at a price. 24 June 2021
Insurance
Blackboard Insurance, a subsidiary of American International Group (AIG), has hired CNA's John Mizzi to replace Ed Pulkstenis as new head of growth and underwriting as it plans to expand in the commercial middle market. 27 June 2019
Insurance
London-based Sciemus, an MGA underwriting specialty risk classes, is changing its name to Occam Underwriting and has appointed a new chief executive officer. 26 July 2018
Insurance
Google, Facebook and Amazon could become significant players in the re/insurance business of the future, according to Johannes Martin Hartmann, chairman of the board at VIG Re. 23 October 2019
Insurance
Satellite imagery technology is a key part of the push at Lloyd’s in using technology to speed up claims payments following natural catastrophe events, according to McKenzie Intelligence Services (MIS). 26 September 2019
Insurance
Japanese conglomerate SoftBank is seeking to join Swiss Re’s board as it negotiates the acquisition of a minority stake in the reinsurer, according to a Feb. 18 Financial Times report. 19 February 2018
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