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Updated: 1 hour 2 min ago

CAC Specialty hires Willis Towers Watson's Joost for chief technology role

20 May, 2020 - 15:01
The executive has held various senior leadership roles at Allianz and Willis.

Swiss Re, Lloyd's-backed cyber MGA Coalition attracts $90m Series C funding

20 May, 2020 - 15:01
The company will use the funding to develop new insurance products to tackle cyber risk.

Insurtech DataCubes rebrands citing 'evolved vision and position'

20 May, 2020 - 15:00
The company provides AI-powered underwriting decisioning platform for US commercial property and casualty (P&C) carriers.

Topa Insurance acquisition deal called off; rating agency reacts

20 May, 2020 - 10:59
Topa and Altamont 'will not go forward' with their previously announced definitive agreement.

COVID-19 showcased value of catastrophe bonds to investors: S&P

20 May, 2020 - 10:42
S&P analysts do not expect investors in cat bonds to suffer significant losses as a result of COVID-19.

Aviva picks former Lloyds CFO as chairman succeeding Montague

20 May, 2020 - 10:02
The insurer has initiated a process to appoint a senior independent non-executive director to succeed George Culmer.

Lockton Re hires chairman of marine & energy from JLT Re

20 May, 2020 - 09:18
The appointee was executive chairman of marine, energy & political risk for JLT Re at the time of the Marsh acquisition.

Allianz names global head of cyber

20 May, 2020 - 09:16
Cyber is the top global business risk in the Allianz Risk Barometer 2020.

Insurtech EIS enters UK market citing 'high demand' for innovative insurance

20 May, 2020 - 08:45
The company says its platform will be 'invaluable' to UK insurers as they look to adapt to regulatory changes post-Brexit.

Tokio Marine and Direct Line partner with Eos on strategic insurtech fund

20 May, 2020 - 08:33
The fund invests in global insurtech companies and facilitates engagement between incumbents and emerging technology providers.

COVID-19 impact to be profound and long-lasting on London market: LMG chair

19 May, 2020 - 15:28
London Market is in a 'good shape', reveals a new report that does not take COVID-19 impact into account.

Why insurance can be like a ‘mouse safari’

19 May, 2020 - 15:17
New technology tools provide the route to improve valuations but the truly successful carriers will also use them across many areas of their portfolios to help identify the many small risks as well as the more obvious problems, says Todd Rissel, chief executive officer of Stamford, Connecticut-based insurtech e2Value.

Chubb appoints chief underwriting officer of North American units

19 May, 2020 - 14:58
The appointee will be responsible for guiding the unit's underwriting strategies and authority, as well as general underwriting management.

Parhelion secures $1m scale-up grant for innovative insurance solutions

19 May, 2020 - 14:53
Its GeoFutures Fund aims to mobilise insurance underwriting capital to de-risk sustainable investment opportunities.

Watford has fallen 'horribly short of expectations', investor suggests sale

19 May, 2020 - 14:40
Capital Returns has called for the reinsurer to sell itself as it lacks 'inherent competitive strengths or core competencies' and has generated 'extremely disappointing results'.

Beazley expands cyber & technology unit in Asia Pacific

19 May, 2020 - 13:35
The specialist insurer has hired a cyber & technology underwriter from Asia Capital Re.

L&H cat bonds face greatest threat from COVID-19, says AM Best

19 May, 2020 - 13:14
AM Best expects the overall impact on the ILS market to be 'limited'.

AXA XL swoops for key hires from Hiscox and Chubb in the UK

19 May, 2020 - 10:41
Re/insurer says it has 'ambitious plans' for private clients market in the UK and the new appointments will help deliver those.

Reinsurers treading on 'thin ice' after COVID-19 exacerbates financial struggles: S&P

19 May, 2020 - 10:23
S&P warns of negative rating actions on reinsurers whose COVID-19 losses wipe out their earnings and becomes a capital event.

RKH and Descartes transact first parametric wind deal on risk trading marketplace AkinovA

19 May, 2020 - 09:52
The parametric risk transfer solution was purchased by a European asset owner in the advertising industry.

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