Articles
Insurance
Thirty-Nine US technology companies and twenty UK-based companies have been named on the InsurTech 100 global list of innovative companies by research firm FinTech Global. 12 October 2018
Insurance
The Camp fire in Northern California, officially deemed the most destructive and deadliest wildfire on record in the state, is contained to 95 percent while the Woolsey fire in Southern California is now fully extinguished, according to the California Department of Forestry and Fire Protection (Cal Fire). 23 November 2018
Insurance
Specialist insurer Beazley said on Sept. 29 that it expects the aggregate net cost of the recent Atlantic hurricanes Harvey, Irma and Maria and the series of earthquakes in Mexico to cost the company between $175 million and $275 million. 29 September 2017
Insurance
Re/insurer XL Catlin has promoted Tim Powell to chief underwriting officer for international financial lines (IFL). 8 February 2018
Insurance
Vienna Insurance Group (VIG) has merged its Baltic states subsidiaries InterRisk and BTA Baltic Insurance Company to strengthen its market position in the region. 12 January 2018
Insurance
The US property/casualty (P&C) industry is set to post a second consecutive underwriting loss in 2017, driven mainly by catastrophe losses, according to AM Best estimates. 7 February 2018
Insurance
Broker Aon has appointed Andrew Matson as leader of its newly formed global portfolio broking team within the reinsurance solutions business. 4 July 2018
Insurance
There is a real opportunity to improve reinsurance processes with the use of blockchain technology, which can deliver cost savings and efficiency gains of 30 percent by taking out unnecessary reconciliation, repetitive duplication of work and waiting times. 11 September 2017
Insurance
Munich Re has agreed to purchase an additional 11 percent of the shares in Global Aerospace Underwriting Managers, taking its stake to 51 percent. 15 December 2017
Insurance
Catastrophe losses fail to stop “strong” net income and core earnings in 2018 for The Hartford, said its chairman and CEO Christopher Swift in the firm’s year end results. 5 February 2019
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