News
Insurance
Bermuda-based Ironshore International has increased the capacity for its terrorism and sabotage offerings to $400 million from the current limit of $375 million, following the rise in such attacks worldwide. 22 February 2017
Insurance
Brendan Plessis, head of emerging markets at XL Catlin, said that the company is excited by the launch of its Indian reinsurance branch earlier this year. 13 September 2017
Insurance
Driven by strong growth of tourism, insurers see an opportunity to expand their travel insurance business and experts expect more M&A activity in this segment after Zurich agreed to buy an Australian travel insurer. 14 December 2016
Insurance
Despite the large amounts of data available to risk managers, turning it into actionable information remains an elusive skill, research by QBE and Airmic has found. 5 June 2019
Insurance
California-based TicketGuardian, an insurtech firm providing technology solutions for its wholly-owned insurance subsidiary, FanShield, has raised $8 million Series A funding led by American Family Ventures and IA Capital Group. 20 December 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
The Indian market remains the core of GIC Re’s business and it is growing fast, but the reinsurer is increasingly capitalising on opportunities overseas as well, as Alice Vaidyan of GIC Re told Monte Carlo Today. 8 September 2019
Insurance
US re/insurers mulling a launch in the UK or Europe are stuck in limbo thanks to the uncertainty created by the UK’s vote to the leave the EU and the impasse before negotiations even start, Andrea Best, partner at law firm Drinker, Biddle and Reath, told PCI Today. 24 October 2016
Insurance
While there is no doubt that the insurance industry is changing dramatically, Torsten Jeworrek, chief executive officer, reinsurance, of Munich Re, does not expect that the insurance sector will experience a “big bang” type of disruption. 31 October 2018
News
Munich Re America has launched a mobility domain as part of its increased focus on innovation and emerging risks. 17 September 2015
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