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Silicon Valley-based Venture capital firm Plug and Play Ventures has invested in California-based artificial intelligence (AI) startup Betterview. 20 November 2018
Insurance
Broker Aon has launched an intangible asset insurance cover in line with the change in business models. 20 November 2018
Insurance
S&P Global Ratings expects the insured losses from wildfires in northern and southern California to be contained as an earnings event and for the reinsurance sector to be able to absorb the impact from these fires as well as recent hurricanes although catastrophe budgets will be strained. 19 November 2018
News
The warning signals from 2017 are clear: the future success of our industry will depend on the strength of our partnerships and our ability to combine the knowledge and assets of each in order to develop innovative solutions, says Moses Ojeisekhoba of Swiss Re. 16 November 2018
Insurance
The financial strength ratings of Maiden Re and its US operating subsidiary Maiden Reinsurance North America have been downgraded to B++ from A- by AM Best in response to strategic changes at the company. 15 November 2018
News
Citing Charles Darwin, SCOR CEO Denis Kessler believes that only the companies most responsive to change will survive in an increasingly complex and dynamic operating environment for reinsurers. 14 November 2018
article
Hannover Re’s long-serving executive board member Jürgen Gräber passed away suddenly and unexpectedly on Nov. 9, 2018, at the age of 62. 12 November 2018
Insurance
A series of major wildfires burned across Northern and Southern California is anticipated to cause the insurance industry a multi-billion-dollar aggregated payout, according to Aon’s Impact Forecasting Cat Alert. 12 November 2018
Insurance
Maiden Reinsurance (Maiden Bermuda), a wholly-owned subsidiaries of Bermuda-based Maiden Holdings has entered a retrocession agreement with Enstar Group related to quota share reinsurance contracts with AmTrust Financial Services. 12 November 2018
Insurance
Bermuda-based reinsurer Maiden Holdings has reported a significant increase in net losses for the third quarter of 2018 as adverse prior year loss development worsened in the AmTrust reinsurance segment. 12 November 2018
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