News
article
Hamilton Re, the Bermuda-based insurance and reinsurance platform for Hamilton Insurance Group, has promoted Liam Chan to the position of senior vice president, casualty & specialty. 28 November 2018
Insurance
Boston-based insurtech Corvus has raised $10 million Series A investment led by venture capital firm .406 Ventures and Hudson Structured Capital Management, with participation from Bain Capital Ventures. 27 November 2018
Insurance
French insurance group AXA is acquiring the remaining 50 percent stake in AXA Tianping Property & Casualty Insurance Company that it does not already own, for a total consideration of ¥4.6 billion (€584 million). 27 November 2018
News
The numerous challenges the insurance industry faces mean that innovation is critical to tackling them. Rob Bentley of Guy Carpenter, describes how Guy Carpenter is helping its clients manage these challenges—especially the conundrum of insurtech. 27 November 2018
Insurance
A group of 18 US property/casualty (P&C) reinsurers has improved the combined ratio to 98.2 percent in the first nine months of 2018 from 111.9 percent in the same period a year ago, according to a survey of reinsurers’ statutory underwriting results conducted by the Reinsurance Association of America (RAA). 26 November 2018
Alternative Risk Transfer
The ILS markets will continue to evolve and flourish with Bermuda front and centre of future development. That was the overall takeaway of the ILS Convergence 2018, held in Bermuda in October. 26 November 2018
Insurance
Claims from typhoon Jebi have reached ¥585.10 billion ($5.17 billion), surpassing claims of Typhoon Mireille, the most expensive typhoon in Japan so far with ¥568.0 billion, according to the General Insurance Association of Japan (GIAJ). 26 November 2018
Insurance
The Association of British Insurers (ABI) is welcoming the prospect of a Brexit deal that includes a regulatory equivalence regime for financial services with the EU enabling mutual market access. 23 November 2018
Insurance
The blockchain insurance industry initiative B3i is finalising a funding round as it plans to target the commercial insurance market. 23 November 2018
Insurance
The UK’s decision to leave the EU creates some uncertainty for Gibraltar-domiciled insurers, AM Best has warned in a report. 22 November 2018
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