News

Insurance

Aon unveils strategic alliance with AI-powered insurtech Zesty.ai to 'revolutionise' underwriting

Re/insurance broker Aon has formed a strategic alliance with US-based artificial intelligence (AI) startup Zesty.ai to improve its underwriting data insights.   13 March 2019

Insurance

Berkshire Hathaway, Amazon and JPMorgan unveil new joint venture called Haven

Berkshire Hathaway, Amazon and JPMorgan Chase have unveiled their new non-profit company, called Haven, that it says will soon scale up its operations with the recruitment of a range of talented software, data and clinical experts.   7 March 2019

Insurance

Hannover Re defies loss burden with profit jump in 2018 results, CEO Wallin ‘optimistic’ on outlook

Despite the "burden of large losses" and a "challenging market environment" Hannover Re, the fourth largest reinsurer in the world, achieved its growth and profit targets for 2018.   7 March 2019

Insurance

Tech consultancy Capco unveils US insurance practice with Genpact digital CTO

Management and technology consultancy Capco is entering the US insurance market with a new practice that will focus on property and casualty (P&C), life and retirement (L&R), reinsurance, employee benefits and distribution.   7 March 2019

Insurance

China and emerging markets will dominate insurance growth: sigma report, Swiss Re Institute

Re/insurers must invest in developing in new and emerging markets if they are to grow amid a changing world order in terms of economic growth, according to the latest sigma report from Swiss Re Institute.   7 March 2019

Insurance

Pool Re invests £10m in new UK government terrorism information platform

The UK's Minister of State for Security Ben Wallace has unveiled a new initiative in partnership with the terrorism mutual reinsurer Pool Re to help improve business continuity and resilience in the event of a terrorist attack.   7 March 2019

Insurance

Hannover Re adds Silke Sehm to executive board

Hannover Re has appointed Silke Sehm to its executive board, in addition to changes in the responsibilities for property and casualty reinsurance.   7 March 2019

Insurance

Allianz bolsters North American marine leadership with global expert

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has appointed a new regional head of hull and marine liabilities (HML) in North America.   7 March 2019

Insurance

Munich Re leads Pool Re's £2.3bn terrorism retrocession placement

UK government-backed terrorism mutual reinsurer Pool Re has completed a £2.3 billion terrorism retrocession placement led by Munich Re.   1 March 2019

Alternative Risk Transfer

Markel CatCo board recommends run-off as future in question

The future of Markel CatCo looked less certain today as the company’s board said it would “recommend an orderly run-off” of the firm's portfolios.   1 March 2019

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