News

Insurance

Turner assumes RSA Luxembourg leadership; looks to hire more in Europe

RSA Insurance Group's new European office in Luxembourg will be led by Richard Turner who previously oversaw the company's EU business from the UK, and has relocated to take up the role.   4 September 2018

Insurance

Swiss Re reveals new UK & Ireland CEO

Swiss Re has appointed Tavaziva Madzinga as new chief executive officer (CEO) of UK & Ireland (UKI), succeeding Frank O'Neill who left the reinsurer in September.   23 October 2018

Insurance

PERse sets up Miami office to focus on LATAM renewable energy

Specialty property and casualty insurer for power and energy PERse (Power.Energy.Risk) has set up an office in Miami with a new team to focus on underwriting renewable energy projects in Latin America.   19 March 2019

Insurance

Primary insurers to bear most of hurricane Florence’s losses

Primary insurers (including auto insurers) are expected to bear most of the losses from hurricane Florence, according to Keefe, Bruyette & Woods (KBW) analysts.   20 September 2018

Insurance

Insurtech Oscar secures $375m from Google parent Alphabet

New York-based Oscar Health, a technology-focused health insurance company, has secured $375 million from Google’s parent company Alphabet.   24 August 2018

Insurance

Kingstone reduces quota share of reinsurance treaty

Kingstone Insurance Company (KICO), a wholly-owned subsidiary of property/casualty insurer Kingstone Companies, has reduced its personal lines quota share treaty ceding percentage to 10 percent, down from 20 percent, effective July 1, 2018.   24 August 2018

Technology

Strategic importance of digital grows as insurance evolves

Insurers are at a crossroads as AI drives industry evolution. Richard Hartley, CEO of insurtech Cytora, outlines the areas to watch as things progress.   26 May 2020

Insurance

Insurtech Hippo secures $100m to fund expansion; targets 80% coverage of US

Hippo, a California-based insurtech focused on the home insurance market, has secured $100 million Series D funding to fuel expansion of its footprint in the US.   25 July 2019

Insurance

London Market: renewables in a ‘different place by end of year’, says panel

Insurers seem to be picking up the tab for technology design errors and tweaks, says expert at an Intelligent Insurer discussion.   13 May 2022

Insurance

FedNat estimates Hurricane Florence loss at $4m

FedNat currently estimates that its aggregate gross liabilities as a result of Hurricane Florence will be $4 million based on preliminary post-landfall catastrophe model estimates.   18 September 2018

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