News

Alternative Risk Transfer

PERILS acquires Canadian loss aggregator CatIQ in expansion move

Zurich-based catastrophe insurance data provider PERILS has acquired Canadian loss and exposure aggregation firm Catastrophe Indices & Quantification (CatIQ).   18 June 2019

Insurance

Zurich appoints first customer officer to transform digital experience

Zurich Insurance Group has launched a new initiative to transform and spearhead its digital customer experience, and help drive profitable growth in the future.   10 June 2019

Insurance

Time to dispel run-off myths

Paul Corver of R&Q highlights how the captive insurance run-off sector has evolved, and why risk managers should take another look.   5 June 2019

Insurance

Clients want to partner on tech

Carriers and brokers increasingly want their partners to help them leverage data and technology to make them more efficient and offer greater insights into the risks and claims they are grappling with.   4 June 2019

Alternative Risk Transfer

SCOR returns to London market for new $250m catastrophe bond

French reinsurer SCOR has returned to the London market for its latest $250 million catastrophe bond to protect itself against losses from named storms and earthquakes in the US and Canada, and windstorms in Europe.   3 June 2019

Insurance

Zurich seeks growth in Asia Pacific as it closes A$2.85bn Australian life acquisition

Zurich Insurance Group has completed the acquisition of ANZ’s life insurance business OnePath Life in Australia for A$2.85 billion ($2 billion), becoming the country’s largest retail life insurer.   3 June 2019

Insurance

AM Best moves Greenlight Re outlook to 'negative' over underwriting profitability concerns

Rating agency AM Best has revised the outlook of Cayman Islands-based reinsurer Greenlight Capital Re to negative from stable, expressing concern over its "negative underwriting performance".   3 June 2019

Insurance

Tasker Insurance Group boosts specialist broking capabilities with Hobbs acquisition

Tasker Insurance Group (TIG) has acquired specialist broker Hobbs Broking (Hobbs Associates) as part of strategy to further accelerate its growth plans.   3 June 2019

Insurance

Aon invests in insurtech CoverWallet, unveils commercial partnership for SMEs

Re/insurance broker Aon has entered into a commercial partnership with insurtech start-up CoverWallet, an online platform helping small businesses to understand, buy and manage insurance, in Australia.   31 May 2019

Insurance

Voce drops Argo board proposals after regulatory ‘flip-flop’

Activist investor Voce Capital Management has withdrawn its controversial board nominations ahead of insurer Argo’s annual general meeting after official state approval was revoked.   22 May 2019

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