News
Insurance
AM Best has maintained a “negative outlook” for the UK non-life insurance market as it is buffeted by economic and political uncertainty caused largely by Brexit. 29 March 2019
Insurance
As US aircraft manufacturer Boeing announced software upgrades to its 737 Max planes, it remained unclear how far this fix could mitigate the potential losses for the global insurance industry. 28 March 2019
Insurance
US-based insurtech platform Slice Labs has launched a new business unit, called Slice Mind, that combines artificial intelligence (AI), machine learning and behavioural psychology to predict insurance risk and make recommendations. 28 March 2019
Alternative Risk Transfer
Medium sized reinsurer CCR Re has set up 157 Re, a sidecar vehicle, which it said is the first to be domiciled in France, to give it access to new ILS investors. 28 March 2019
Insurance
Arch Capital-backed Bermuda re/insurer Watford Holdings expects to start trading on the Nasdaq Global Market on March 28, having filed its registration statement with the US Securities and Exchange Commission. 27 March 2019
Insurance
A volatile investment environment and a costly year for natural catastrophes drove an aggregated loss of £1 billion in 2018 at Lloyd's of London – but its results were still a significant improvement on 2017 when it lost double this amount. 27 March 2019
Insurance
Specialist insurance and reinsurance market Lloyd's of London has outlined a new "plan of action" to address reports of sexual harassment in the market and create a safe and inclusive working environment. 27 March 2019
Insurance
Insurtech startup Sayata Labs, a provider of risk assessment solution for the cyber insurance industry, has raised $6.5 million in seed funding. 26 March 2019
Insurance
Bermuda-based Hamilton Insurance Group's Lloyd's unit CEO Dermot O’Donohoe is leaving the company following its definitive agreement with Liberty Mutual to acquire Pembroke Managing Agency and Ironshore Europe DAC. 26 March 2019
Insurance
UK-based managing general agent (MGA) platform Volante Global has hired three senior underwriters to spearhead its entry into the Canadian market. 25 March 2019
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