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Insurance
Insurtech investments are targeting the personal lines’ insurance value chain in product development, client acquisition, underwriting, and claims management in the insurance value chain, a new Conning study shows. 31 May 2017
Insurance
Insurance-linked securities (ILS) deal volume in the first quarter of 2017 reached a new record level for first quarter global issuances, according to the latest Bermuda ILS Market Report. 31 May 2017
Insurance
Reinsurance broker and consultant JLT Re (North America) has appointed Tony Sammur as executive vice president in Stamford, Connecticut. 31 May 2017
Insurance
S&P Global Ratings said that it has raised aviation and travel insurer LEXGARANT Insurance’s long-term counterparty credit and financial strength ratings to 'B+' from 'B'. 31 May 2017
Insurance
The boards of CF Corporation and Fidelity & Guaranty Life (FGL) approved a definitive merger agreement under which CF Corp. will acquire FGL for a total of approximately $1.84 billion, plus the assumption of $405 million of existing debt. 25 May 2017
Insurance
While many of its rival reinsurers are seeking alternative growth opportunities through fee income relating to advisory services, technology or the use of alternative risk-transfer structures, Hannover Re’s chief executive officer Ulrich Wallin believes sufficiently profitable traditional risk transfer business will remain available for the foreseeable future. 25 May 2017
Insurance
As the soft market stretches on and new capital continues to find ways to compete on the turf of established reinsurers, the bigger, traditional players are being forced to adapt. Most are increasingly willing to shun unprofitable business while exploring new potential revenues streams and keeping one eye on (and often an investment in) technologies with the potential to change their way of working. 24 May 2017
Insurance
Amid a myriad of challenges, re/insurers must stay ahead of their peers and embrace innovation and technology if they are to thrive in the game, Ingrid Carlou, the chief executive of Patria Re, tells Intelligent Insurer. 24 May 2017
News
Swiss Re Corporate Solutions has appointed Jonathan Rake as CEO Asia Pacific, based in Singapore. He succeeds Fred Kleiterp who has moved to a new role in Zurich. 24 May 2017
Insurance
1347 Property Insurance Holdings (PIH), a holding company offering specialty insurance through subsidiary Maison Insurance Company, has appointed Dan Case to the position of chief operating officer (COO). 24 May 2017
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