News
News
A new fund is seeking to attract financing from insurers to invest in the insurtech sector, aiming to offer an alternative solution to insurers as they leverage new technologies that are transforming the sector. 11 April 2018
Insurance
Ace has hired Marcel Van Peenen as regional professional indemnity manager for Asia. 20 January 2015
Alternative Risk Transfer
The prevalence of alternative capital meant the industry’s response to the 2017 losses was very different from the past, with the new capital that entered the industry behaving in a way that was transactional and short-term—and almost desperate in some instances. 28 October 2018
Insurance
Multinational insurance firm American International Group (AIG) has reported a net loss of $183 million for the first quarter of 2016, compared to net income of $2.5 billion over the same period of 2015. 3 May 2016
Insurance
ISO, the information provider about property/casualty insurance risk owned by Verisk Analytics, is preparing insurers for the rise of commercial drones around the world by offering new and versatile coverage options. 16 December 2014
Insurance
Insurance holding company Aurigen Capital has completed its second embedded value securitisation. It has issued C$210 million ($175 million) of embedded value notes through its subsidiary Valins I. 16 January 2015
Insurance
Multiline property and casualty (P&C) insurer ACE has appointed Juan Andrade as executive vice president (EVP) of the new Chubb Group and president of the international non-life insurance division, which covers operations with both retail broker and wholesale market distribution. 28 September 2015
Insurance
The four largest European reinsurers have maintained a presence in Africa for some time. Yet for new players moving in, despite all the opportunities and potential for diversification, many challenges still exist. Intelligent Insurer investigates. 5 February 2015
Insurance
Canopius Group, the global specialty re/insurance platform of NKSJ Holdings, has appointed Shibo Zhang as head of China market, as part of the ongoing expansion of its Asian operations. 30 July 2014
Insurance
Greenlight Capital Re recorded a $30 million net profit in the third quarter of 2016 compared with a net loss of $219.7 million for the same period of 2015. Nevertheless, ratings agency AM Best downgraded the financial strength rating of Greenlight Reinsurance citing underwriting weaknesses. 4 November 2016
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