Articles

Insurance

AIG launches $6.1m lawsuit in Kim Kardashian robbery case: report

American International Group (AIG) has filed a lawsuit on Wednesday, Oct. 3 in Delaware against Pascal Duvier and his company Protect Security seeking $6.1 million in relation to the Kim Kardashian West robbery, according to BBC News and CNN reports citing court documents.   4 October 2018

Insurance

Insurtech Oscar partners with US benefits enrolment platform

New York-based Oscar Health, a technology-focused health insurance company, has partnered with online benefits enrolment platform for insurance brokers EaseCentral.   4 October 2018

Insurance

Investor pressures RenRe to seek a buyer

TimesSquare Capital Management, an institutional asset management firm with a significant stake in RenaissanceRe Holdings is suggesting that the Bermuda-based reinsurer should explore a potential sale of the company.   2 October 2018

Alternative Risk Transfer

ILS market continues healthy growth

The global ILS market is looking increasingly healthy, as a wide range of industry experts told Intelligent ILS at this year’s Monte Carlo Rendez-vous.   28 September 2018

Insurance

Argo CEO says re/insurer has right size

Argo CEO Mark Watson III believes that the Bermuda-based re/insurer has the right size, enabling it to innovate and use technology to thrive in the future.   26 September 2018

Insurance

Greensmith succeeds Jardine as AXA XL UK CEO

Re/insurer AXA XL which has recently completed its merger has appointed Paul Greensmith as UK CEO replacing Paul Jardine who is leaving the group later this year.   24 September 2018

Insurance

Swiss Re replaces Corporate Solutions CEO with Allianz executive

Swiss Re has hired Andreas Berger from Allianz Group as chief executive of Swiss Re Corporate Solutions.   24 September 2018

Insurance

Fitch warns about Marsh & McLennan debt burden after JLT takeover

Fitch Ratings has placed the ratings of Marsh & McLennan Companies (MMC) on Rating Watch Negative following its agreement to acquire Jardine Lloyd Thompson Group (JLT) for roughly $5.6 billion.   24 September 2018

Insurance

L&H insurtech attracts more financing than P&C in H1

Investors are putting more capital into life & health (L&H) insurtech ventures than in property/casualty (P&C) insurtech firms.   24 September 2018

Insurance

Hyperion unit Tamesis Dual taps underwriting director from Hiscox

Tamesis Dual, part of the underwriting arm of the Hyperion Insurance Group, has appointed Ben Love as director of underwriting, based in London.   24 September 2018

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