Intelligent Insurer News
The latest news from www.intelligentinsurer.com
Updated: 52 min 33 sec ago
Brit launches Lloyd’s ILS fund
Sussex Specialty Insurance Fund will offer ILS investors access to Brit Syndicate 2988
The Hanover Insurance Group announces $150m buyback and $100m dividend
This completes the deployment of capital generated through Chaucer sale.
Germany, Global Parametrics and Hannover Re launch new impact fund
The Natural Disaster Fund (NDF) Deutschland will partner with the NDF UK.
Willis Towers Watson launches new software to help implement IFRS 17
It will provide rapid implementation and early sight of the numbers.
AmTrust International Specialty makes key claims team appointments
Internal promotion and recruitment from Corporation of Lloyd’s bolster team.
New broker committee to launch in 2020
It will replace LIIBA’s Broker Placing and Electronic Development Committee.
AM Best retains stable outlook for global reinsurance
The outlook reflects a stabilised pricing environment.
Watford agrees to purchase French P&C insurer Axeria IARD
Aim is to grow Axeria IARD’s existing business and develop new EU opportunities.
Chubb makes key leadership appointments
The appointments bolster its North America Commercial Insurance Division.
Flooding and storms in Europe result in significant economic loss in November
Economic impact in Italy alone expected to near $2bn.
Moody’s changes Fubon P&C outlook to negative
Moody’s also affirmed Fubon P&C's insurance financial strength rating.
Lloyd’s staff urged to ‘behave’ during party season
Email warning builds on efforts to tackle laddish culture in the market.
As change accelerates, insurers need profound transformation and the right talent
Insurers need to consider repositioning themselves as technology firms – EY.
California bans insurers from dropping policies in wildfire areas
Mandatory moratorium covers more than 800,000 residential policies.
AmTrust CFO promoted to president
As CFO he led the transformation of AmTrust’s finance organisation.
Swiss Re to adopt IFRS for its consolidated financial statements
Change comes into effect from January 1 2024.
Hagibis claims to exceed €5m ($5.5m) – Sava Re
‘Sava Insurance Group still on target for 2019.’
Total economic losses from Typhoon Kammuri expected to exceed $100m
US storm economic and insured losses expected to reach into the millions of dollars.
B2B insurtechs offer investors the best near-term opportunities - report
Distribution insurtechs offer the least compelling opportunities.
Guy Carpenter to enhance offering for US public entity clients
Offering to include property and casualty insurance solutions not offered by pools.
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