News
Technology
As the rating agencies, regulators and investors wake up to the magnitude of the threat posed by silent cyber risk, re/insurers must get their act together and tackle this large and infinitely complex risk head-on. Intelligent Insurer reports. 27 June 2019
Insurance
Zurich has become the first major global insurer to align with United Nation's climate change goals by committing to using 100 percent renewable energy in all global operations by the end of 2022, and to stop writing certain thermal coal and oil sands risks. 26 June 2019
Insurance
Insurer Allianz has entered into a strategic motor insurance agreement with insurtech startup Wrisk, which is backed by firms like Munich Re, Hiscox and QIC. 26 June 2019
Insurance
Catastrophe risk modeling firm AIR Worldwide has expanded its inland flood model for Central Europe and coastal flood model for Great Britain. 26 June 2019
Insurance
Broker Marsh has developed a Japanese aircraft finance insurance consortium (AFIC) in collaboration with Sompo Japan Nipponkoa Insurance and Sompo International. 26 June 2019
Insurance
Global insurance broker Gallagher has grown its presence in Central and Eastern Europe with the purchase of a minority stake in Czech-domiciled insurance broker Renomia a.s. (Renomia). 25 June 2019
Insurance
Broker Willis Towers Watson has launched a new solution for general industry mid-market clients as part of its differentiated broking solutions (DBS) business strategy. 25 June 2019
Insurance
German insurer Allianz has agreed to sell its 60 percent stake in joint venture Allianz Popular SL to Banco Santander for €936.5 million, and terminate its exclusive non-life insurance distribution agreement with the Spanish bank. 24 June 2019
Insurance
AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has hired Robert Hands from CNA to lead its Australian business and further expand its efforts in the Asia Pacific market. 24 June 2019
Insurance
Tensorflight, an artificial intelligence insurtech start-up that uses machine learning and geospatial imagery to help P&C insurers better assess risks and understand portfolio exposures, has closed a $2 million financing round led by insurance industry investors HSCM Bermuda and Nephila. 24 June 2019
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