Articles
Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has allowed state-run General Insurance Corporation (GIC) to retain the first right to offer reinsurance in India, BloombergQuint reported citing two people present at the firm’s recent board meeting. 1 October 2018
Insurance
Insurtech startup Broker Buddha has launched a new quoting platform for carriers, wholesalers and managing general agents (MGAs), in partnership with Dallas-based commercial insurance wholesaler Towerstone. 28 September 2018
Insurance
Car insurance premium cuts are speeding up and have dropped 9.1 percent year on year to an average £766 in the UK with black box technology – so-called telematics – helping to drive the fall in prices, analysis from Consumer Intelligence shows. 27 September 2018
Insurance
S&P Global Ratings has changed the outlook to stable from negative for Berkshire Hathaway's (BRK's) operating insurance subsidiaries, National Indemnity, Government Employees Insurance, General Reinsurance, and other related insurance subsidiaries due to a more robust capital base. 27 September 2018
Insurance
US-based insurtech Slice Labs, which offers cloud-based on-demand insurance, has raised an additional $20 million in Series A funding to further expand its offering on a global scale. 27 September 2018
Insurance
The Insurance Development Forum (IDF), a partnership of the World Bank Group, the United Nations Development Programme, and global insurers, has appointed Denis Duverne as chair of its steering committee, succeeding Stephen Catlin. 26 September 2018
News
Every year, S&P Global Ratings in partnership with Intelligent Insurer publishes its annual Global Reinsurance Highlights, which offers analysis of the main talking points and trends in the industry and ranks the top 40 reinsurance groups globally by net reinsurance premiums written. Here, we highlight some of the main themes from this year’s report. 26 September 2018
Insurance
Insurer Chubb has appointed Tim Barziza as head of its North American property claims, replacing Bill Turnbull who is retiring at the end of 2018 after over 30 years at Chubb. 25 September 2018
Insurance
Dutch insurance group Aegon is merging two of its US legal entities in a move that is expected to generate a one-time capital benefit of approximately $1 billion. 25 September 2018
Insurance
AXIS Insurance, the insurance business segment of Bermuda-based AXIS Capital Holdings, has partnered with DUAL North America, the underwriting arm of the Hyperion Insurance Group, on a multi-product environmental risk programme. 25 September 2018
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