Articles

Alternative Risk Transfer

Models: what really matters

William Dubinsky, managing director & head of ILS at Willis Towers Watson Securities, takes a look at model clarity and other issues facing the ILS market.   30 September 2019

Insurance

Blockchain 'moves beyond the hype' towards real-world solutions

Hailed as one of the few insurtech technologies with the potential to transform the centuries-old re/insurance industry, blockchain is finally moving from 'hype' to reality as companies are becoming increasingly focused on investment returns and solutions with real-world use.   26 September 2019

Insurance

Re/insurance potentially 'decisive' in tackling climate change, Bank of England’s Mark Carney tells UN Climate Action Summit 2019

Mark Carney, the governor of the Bank of England, said the re/insurance sector has a “crucial” role and “unique contribution” to make in tackling climate change and smoothing the transition to a 1.5 degree world.   26 September 2019

Insurance

Marsh pilots new blockchain-powered platform to transform insurance placement process

Broker Marsh is piloting a new blockchain-powered digital placement platform that it claims has the potential to "transform the insurance placement process".   25 September 2019

Insurance

AXA XL teams up with Accenture on cybersecurity services

Re/insurer AXA XL has partnered with Accenture to offer global cybersecurity expertise, including threat intelligence, risk mitigation and post breach services, to its underwriters, brokers and clients.   25 September 2019

Insurance

Mutual insurers in good shape with higher capital adequacy ratios: Aon and Namic

Mutual insurance companies in the US are in strong financial shape and less leveraged than those quoted on the stock exchange.   24 September 2019

Insurance

Commercial insurtech Bold Penguin raises $32m Series B led by HSCM, Lockton

US-based commercial insurance technology company Bold Penguin has secured $32 million Series B funding led by Hudson Structured Capital Management (HSCM), Lightstone, Guggenheim Insurance, Lockton, existing investors and individuals from Stone Point Capital.   24 September 2019

Insurance

Hannover Re US partners with fitness app Sweatcoin to research how physical activity mitigates mortality risks

A joint research project to study how daily physical activity can reduce the risk of disease and extend life expectancy has been launched by Hannover Life Reassurance (Hannover Re US), part of the Hannover Re Group, and Sweatcoin a digital health app.   24 September 2019

Insurance

AmTrust launches new excess casualty operation led by Everest Re's Jeff Lynn

AmTrust E&S Insurance Services, a wholly-owned subsidiary of AmTrust Financial Services, has launched a new excess casualty underwriting division based in Los Angeles. It will be led by Jeff Lynn, who joins from Everest Re.   24 September 2019

Insurance

Former JLT Specialty USA chief Rice to lead newly-launched Cobbs Allen unit CAC Specialty

Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has hired JLT's Michael Rice II as its chief executive officer (CEO).   24 September 2019

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