News

Insurance

Munich Re-backed insurtech secures investment for climate solution

The solution will address accumulating losses caused by secondary perils.   16 August 2023

Insurance

Hawaiian wildfire likely rendered $3.2bn insured loss: KCC

Over 2200 structures fall within the fire perimeter, and over 3000 total were impacted.   16 August 2023

Insurance

Hamilton finds talent with Argus & Goldman Sachs pedigree for board

The long-time Bermuda leader is hailed for legal, investment and advisory acumen.   15 August 2023

Insurance

Lockton taps Guy Carpenter for financial & professional lines leader

The new hire's 34-year track record covers financial lines, D&O, E&O, and cyber.   15 August 2023

Insurance

Florida claims homeowner rebuild on new entrants, Citizens take-outs

A massive 280,000 Citizen’s take-outs in 2023 won’t stop a run-up to 1.7m policies.   15 August 2023

Insurance

Quility takes funding from F&G to fuel tech on its life platforms

The investment ‘is a meaningful step in our mission’: Quility CEO   15 August 2023

Alternative Risk Transfer

Vesttoo burning $1.5m monthly as of move to bankruptcy

The court-ordered asset freeze, if confirmed, could quickly shutter the unit, CEO says.   15 August 2023

Insurance

Systemic risk ‘widens protection gap’: GC’s Enoizi

The relevance of the insurance industry is at stake, argues Julian Enoizi, global head–Public Sector Risk Solutions, Guy Carpenter, as he urges re/insurers to participate more in tackling systemic risk rather than leaving it to governments.   15 August 2023

Insurance

Alliant bolsters leadership to further US Midwest expansion

The exec has 25 years of experience in the employee benefits space.   15 August 2023

Insurance

Hawaiian wildfires will ring up $1 billion insurance bill: Moody’s

Inflation & construction capacity limits could fan claims costs at wildfire pace as well.   15 August 2023

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