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Insurance
Insurtech and its potential for re/insurers was the main theme of the annual Baden-Baden Intelligent Insurer Roundtable sponsored by S&P Global Ratings. Executives representing reinsurers, service providers, cedants and brokers debated a number of key issues at the event. 24 October 2017
Insurance
A magnitude 6.7 earthquake struck the Eastern Mediterranean at 22:31 UTC on July 20, 2017, impacting the Greek island of Kos and the Turkish city of Bodrum, along with numerous coastal towns in Turkey. 24 July 2017
Insurance
If Hurricane Andrew were to recur today the expected total industry insured losses, based on today's exposures, would be approximately $56 billion in the US, catastrophe risk modelling firm AIR Worldwide said on Aug. 21. 21 August 2017
Insurance
Data analytics provider Verisk Analytics said on Aug. 21 that it has signed a definitive agreement to acquire London-based software provider Sequel from HgCapital and other Sequel shareholders for a purchase price of £250 million. 21 August 2017
Insurance
Lloyd's, the specialist insurance and reinsurance market, has appointed Mike Bracken, Nigel Hinshelwood and Fiona Luck to its franchise board as non-executive directors for a three-year period commencing March 1, 2018. 6 February 2018
Insurance
Skuld, a marine insurance provider, has appointed Paul Knighton as global head of marine cargo and marine property. He will join Skuld Syndicate 1897 in the summer. 19 January 2017
Alternative Risk Transfer
The ILS market has become an increasingly important feature in the risk transfer landscape in recent years, and is growing increasingly diverse, encompassing not only catastrophe risks but cyber and other forms of coverage. What it needs now to take it to the next level is a liquid secondary market. Intelligent Insurer reports. 29 April 2020
Insurance
As capital optimisation becomes ever more important to insurers, reinsurers can benefit from a new platform being developed by UnipolRe designed to empower reinsurance buyers, Simon Wigzell, the firm’s underwriting manager, explains to Baden-Baden Today. 24 October 2017
Insurance
American International Group (AIG) is raising $2.5 billion in debt as it prepares the funding for the acquisition of Bermuda-based Validus Holdings. 22 March 2018
Insurance
Bermuda-based Everest Re Group said that it hired Megan Watt as the new leader of its claims operation located in Liberty Corner, NJ. 3 February 2017
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