Articles

Insurance

Capsicum Re ties up with AIR Worldwide for silent cyber modelling

Catastrophe modelling firm AIR Worldwide and reinsurance broker Capsicum Re are collaborating in the development of silent cyber modelling capabilities.   4 September 2018

Insurance

Ed hires pair of actuaries from Argo and AmTrust

Broker Ed has hired a pair of experienced actuaries from Argo Group and AmTrust, respectively.   4 September 2018

News

Aon bolsters cyber leadership to boost growth, innovation

Broker Aon has promoted Catherine Mulligan and Luke Foord-Kelcey within its reinsurance solutions business to strengthen its suite of cyber products for insurers.   31 August 2018

Insurance

Lemonade, Metromile, Root struggle to reach underwriting profits

The venture-backed full-stack US insurtech startups continued to show rapid premium growth in the second quarter of 2018 with moderately lower underwriting losses but they have yet to generate a sustainable loss ratio under 100 percent, according to “The Second Quarter in InsurTech Start-up Financials” by Matteo Carbone.   29 August 2018

Insurance

THB bolsters UK Risk Solutions leadership and broking strategy

Specialist re/insurance broker THB has announced new leadership and a new multi-sector strategy for THB UK Risk Solutions, its wholesale broking operation which places UK risks on behalf of brokers.   29 August 2018

Insurance

US motor insurtech Root raises $100m funding for expansion

Root Insurance, a car insurance startup that operates entirely via mobile technology, has raised $100 million in Series D funding, pushing the insurtech's valuation to $1 billion.   23 August 2018

Insurance

AFL replaces CFO with Towergate hire in growth move

Independent Lloyd’s broker AFL Insurance Brokers has replaced its current chief financial officer (CFO) Keely Dalfen with a new hire from Towergate.   21 August 2018

Insurance

China court rejects Anbang's jailed ex-chairman appeal

A Chinese court has rejected an appeal by Anbang Insurance Group’s former chairman Wu Xiaohui against a conviction for fundraising fraud and embezzlement that led to an 18-year jail sentence and confiscation of ¥10.5 billion ($1.52 billion), according to an Aug. 16 Reuters report.   17 August 2018

Insurance

Think tank warns of cyber accumulation risk

Cyber insurance offerings and premium volumes have expanded sizeably and accumulation risks need to be addressed in the context of a hyperconnected digital world, the Geneva Association warns.   17 August 2018

Insurance

Aon names US commercial risk broking head

Aon has appointed Brian Wanat as chief broking officer of US commercial risk solutions.   17 August 2018

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