News
Insurance
Re/insurance broker Aon has entered into a commercial partnership with insurtech start-up CoverWallet, an online platform helping small businesses to understand, buy and manage insurance, in Australia. 31 May 2019
Insurance
Motor insurer Ageas has agreed a three year deal with Marmalade, a specialist firm that focuses on young drivers and their parents, to provide more flexible policies for learners, students and ‘named young drivers’. 30 May 2019
Insurance
Inshur, the mobile-first provider of commercial auto insurance for private hire drivers, has teamed up with smartphone taxi app Uber to offer drivers who use the Uber app insurance. The partners said the fully digital insurance service tie up was “one of the first of its kind:. 30 May 2019
Insurance
Spring floods in the US Midwest have underlined the fact that few people in the US have flood coverage. Intelligent Insurer investigates. 29 May 2019
Insurance
From 1 July this year, Dutch insurance and asset management company Nationale Nederlanden (NN) said it will “stop providing insurance services to companies that derive more than 30 percent of their revenues from thermal coal mining or that use at least 30 percent thermal coal for power generation". 29 May 2019
Insurance
Australian insurer Suncorp's chief executive officer (CEO) and managing director Michael Cameron has stepped down immediately after almost four years in the role and seven years as a board member. 28 May 2019
Insurance
Swiss Re Corporate Solutions is collaborating with aeronautics firm Airbus Aerial to offer flood prevention modeling services using drone-collected data. 28 May 2019
Alternative Risk Transfer
Swiss Re places $100m First Coast Re II cat bond in Singapore, "excited" to promote Asian ILS market
Global reinsurer Swiss Re has placed the first catastrophe bond, a $100 million First Coast Re II (Series 2019-1), under Singapore's new insurance-linked security (ILS) framework for Security First Insurance Company. 28 May 2019
Insurance
Shareholders voted “overwhelmingly in favour” of directors put forward by re/insurance firm Argo at its AGM, crushing a bid to change direction at the top of the company by activist investor Voce Capital Management. 28 May 2019
Insurance
Talbot Underwriting, a subsidiary of American International Group (previously Validus Holdings), is closing its Australian office and Lloyd’s China division, in a move the company hopes will bring "enhanced value" to its partners in the region. 28 May 2019
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