News

Insurance

Maiden unveils new insurtech innovation initiative

Bermuda-based Maiden Holdings has created an insurtech team to help customers identify emerging technology and leverage it to achieve their strategic goals.   22 March 2018

Insurance

NFIP expiration date looms; lapse risks disrupting US housing market

The National Flood Insurance Program (NFIP) will expire on March 23, 2018 for the third time this year if Congress fails to act and a lapse in the debt-ridden programme may disrupt the national housing market and leave countless homeowners in harm’s way if a severe storm strikes, stakeholder coalition SmarterSafer has warned.   16 March 2018

Insurance

Insurance M&A speeds up driven by scale, geographic reach

The second half of 2017 showed an uptick in insurance M&A deals globally for the first time since 2015 and was followed by a number of high profile transactions in 2018.   12 March 2018

News

Automation versus augmentation-and why insurers must prepare for a new model

The insurance industry must ready itself for the arrival of very different technology combinations which will rewrite the rulebook, as Kevin Baughan of Innovate UK explains to Intelligent Insurer.   9 March 2018

News

US P&C reinsurers record 2017 combined ratio of 108.2%

Reinsurers in the US recorded a combined ratio of 108.2 percent in 2017, according to the latest underwriting report by the Reinsurance Association of America (RAA).   8 March 2018

Insurance

Aviva grows 2017 general insurance business but combined ratio deteriorates

Aviva has expanded net written premiums in the general insurance operations by 11 percent year on year to £9.14 billion in 2017.   8 March 2018

Insurance

LMA expands marine committee; puts 'cyber gap' on 2018 agenda

Lloyd's Market Association (LMA) has expanded its marine committee with the addition of senior Talbot, Atrium and Apollo executives.   8 March 2018

Insurance

Castel Specialty secures new Lloyd’s binder capacity

Castel Bloodstock, part of Castel Specialty, has secured a new binder with Lloyd’s capacity provided by Canopius Syndicate 4444 and AEGIS Syndicate 1225.   8 March 2018

Insurance

Validus Specialty expands commercial D&O offering

Validus Specialty has expanded its product portfolio with an admitted, private company commercial directors and officers (D&O) policy, while appointing a senior underwriter.   8 March 2018

Insurance

P&C re/insurance M&A expected to accelerate at AIFA

Investors expect the pace of the property/casualty insurance industry consolidation to accelerate, according to Morgan Stanley.   8 March 2018

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