News

Insurance

Hurricane Lane hits Hawaii

Hawaii has been hit with strong winds and torrential rain as Hurricane Lane approaches the US state, causing flash flooding and landslides, according to an Aug. 24 BBC News report.   24 August 2018

Insurance

JBA broadens access to Sri Lanka flood model via Simplitium’s ModEx platform

Flood risk modeller JBA Risk Management has released its Sri Lanka flood model on Simplitium’s ModEx platform. The initiative aims to broaden accessibility to the Sri Lanka model for both the insurers and the wider Disaster Risk Reduction (DRR) community.   20 February 2019

Insurance

AIG, Travelers seen among potential acquirers in P&C sector

Heightening merger and acquisition (M&A) activities and rising pricing are tailwinds to P&C stocks, according to Morgan Stanley analysts.   2 March 2018

Insurance

Paraline UK and Beat Capital sign merger deal

Venture capital firm Beat Capital Partners and insurance investment vehicle Paraline UK are to merge in a move designed to "enhance and further build Beat’s platform to support independent underwriting businesses".   24 August 2018

Insurance

Big data can offer accurate insurance quotes ‘from one question’, says When Fresh

It’s not possible to get a high level of accuracy for property insurance from the question ‘what’s the address?’. Or is it?   27 June 2019

Alternative Risk Transfer

JLT places $14.5m parametric cat bond

Jardine Lloyd Thompson Capital Markets (JLTCM), a subsidiary of reinsurance brokerage firm JLT Re placed a catastrophe bond (Market 2017-2, Weather), which closed at $14.50 million.   20 December 2017

Insurance

The Carlyle Group and T&D Holdings to acquire majority interest in Fortitude Re

Fortitude Re will pursue opportunities to acquire and manage legacy insurance portfolios.   26 November 2019

Insurance

Nephila gains approval for Lloyd's managing agency; appoints leaders

Nephila Capital, a Bermuda-based investment manager specializing in reinsurance risk, has received in-principle approval from Lloyd's board to form its own managing agency.   7 August 2018

Insurance

Insurtech Galileo secures $2m investment from Greenlight Re

Hong Kong-based blockchain company Galileo Platforms has secured $2 million Series A funding from specialist property/casualty reinsurer Greenlight Capital Re to accelerate its growth.   24 October 2018

Insurance

Blockchain-based B3i incorporates in Zurich ahead of funding round

The founders of the Blockchain Insurance Industry Initiative (B3i) have launched B3i Services in Zurich, Switzerland.   26 March 2018

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.