News
Insurance
The loss estimate for extratropical cyclone Burglind, also known as Eleanor, was lifted to €724 million by insurance data provider PERILS. 2 July 2018
Insurance
Saga, a UK-based specialist insurer for life after 50, has appointed former Zurich executive Patrick O’Sullivan as chairman with effect from 1 May 2018. 19 February 2018
Insurance
Does the re/insurance industry have the resilience and resources to help bridge the protection gap around flood risk? Maybe—if it works with government and other stakeholders towards building more integrated insurance solutions. Intelligent Insurer reports. 29 January 2021
Insurance
Risk Management Solutions (RMS) alongside re:focus partners, Swiss Re, and The Rockefeller Foundation, has revealed the framework for a new financial product it has called a ‘resilience bond.’ 10 December 2015
Insurance
US-based insurtech start-up Flyreel, a provider of artificial intelligence-powered underwriting solution for commercial and residential insurers, has secured $3.85 million in funding led by Gradient Ventures, Google’s AI-focused venture fund. 12 April 2019
Insurance
Asset manager New Nordic Advisors has revealed that its Denmark-based wholly-owned subsidiary Qudos Insurance will cease to underwrite new business with immediate effect, pending a restructuring of the business. 19 October 2018
Insurance
US-based artificial intelligence (AI) startup Zesty.ai has secured a $13 million investment in its Series A financing round, led by Luxembourg-based private investment fund Blamar. 10 December 2018
Insurance
Law firm Clyde & Co has appointed lawyer Ernie Van Der Vyver as a partner in the firm’s Johannesburg office to strengthen its South African presence in the insurance market. 2 September 2015
Insurance
Insured losses from the November 2018 wildfires in California have been re-evaluated upwards to $11.4 billion, representing a 25 percent hike from initial figures reported by the US government’s Department of Insurance. 29 January 2019
Insurance
Blockchain used for aspects of a transaction, as opposed to full or end-to-end blockchain. 5 December 2019
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