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Insurance
Total new worldwide funding commitments to the Insurtech sector in 2019 have already surpassed the 2018 full-year total, according to Willis Towers Watson (WTW), a global advisory and broking company. 24 October 2019
Insurance
Aon has appointed Michael Moran to a new role, in which he will look to accelerate a consistent approach to client leadership around the world. 24 October 2019
Insurance
Jackson Lee Underwriting has launched what it claims is the market’s first Fleet GAP policy with a built-in temporary replacement vehicle solution. 23 October 2019
Insurance
Bermuda (re)insurers are still suffering above-average catastrophe losses and combined ratios, said ratings agency Fitch. 23 October 2019
Insurance
A PartnerRe survey on cyber has revealed a difference in opinion between underwriters and brokers on whether cyber perils should be covered in property claims. 23 October 2019
Insurance
Laure Forgeron, head P&C facultative EMEA for Swiss Re, sees growth for her area of the business “coming from everywhere”. 23 October 2019
Insurance
Cat risk modelling firm AIR Worldwide has estimated that industry insured losses from Typhoon Hagibis will be between $8 billion (JPY865 billion) and $16 billion (JPY1,730 billion), with more than half of the losses due to inland flooding. 23 October 2019
Insurance
Demographic trends are working in Pro Global’s favour in Germany, helping it tighten its grip on a market that it is already dominant in, according to Robert Buchberger, managing director at the firm. 23 October 2019
Insurance
Eastern Europe is still a region where market consolidation happens in original markets, said regional expert Christian Kreutzer, market head of Austria, Central and Eastern Europe (CEE) and transaction lead Northern Central Eastern Europee at Swiss Re. 23 October 2019
Alternative Risk Transfer
The insurance-linked securities (ILS) market is expected to continue to expand beyond the property cat market and leverage ongoing growth in primary insurance, according to John Haggerty, partner and managing director at ILS Capital Management. 23 October 2019
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