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The increased regulatory burden that has been imposed on insurers in recent years, exacerbated by Solvency II, has continued to prompt many smaller players to convert from being fully fledged insurers to become managing general agents (MGAs). 10 September 2017
Insurance
The growth in the use of insurance for mergers and acquisitions (M&A) has created greater opportunity and cost-savings for all stakeholders. According to Aon’s M&A and Transaction Solutions: Risk in Review report released ahead of Baden-Baden, M&A insurance has changed the way deal professionals distribute risk and how insurers view the risk. 22 October 2018
Insurance
Sapiens, the global provider of software solutions for the insurance industry, has launched its Sapiens IDIT Software Suite v13.1 to its property and casualty (P&C)/general insurance (GI) customers and business partners worldwide. 15 March 2016
Insurance
Property/casualty insurer Chubb has appointed Gerard Butler as division president of its North America insurance field operations, and senior vice president of Chubb Group. 20 June 2017
Insurance
Davies, an operations management, consulting and digital solutions provider, has acquired Alternative Service Concepts (ASC), a workers’ compensation and property and casualty third party administrator (TPA) headquartered in Nashville, Tennessee. 18 October 2019
Insurance
Increased concerns about the vulnerability of trading partners, as well as rate reductions averaging 20 percent, are contributing to growing demand for trade credit insurance, particularly among large UK corporates. 29 May 2014
Insurance
Primary insurance writers in Asia are exploring growth opportunities in new, longer tail business segments—but a shortage of experienced actuaries in the region may open up opportunities for reinsurers that have the relevant technical experience and can partner with insurers on writing such business. 31 October 2017
Insurance
It will pioneer an open standard for data sharing to stimulate climate-friendly innovation. 27 January 2020
Insurance
The business writes specialty quota share reinsurance matching US cedants with Asian security. 12 October 2020
Insurance
Italian insurer Assicurazioni Generali has launched a new asset management company headquartered in New York City that it claims will have a "disruptive revenue model". 21 September 2018
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