Intelligent Insurer News

The ratings agency has revised the under review status on its A- ratings to developing from negative.

It’s important to start renewal discussions early and to establish clear objectives and understanding around net appetite.

Legacy can be an attractive alternative to raising capital via an equity or bond issue, or reinsurance.

The re/insurance industry will today (September 15) discover the outcome of a business interruption (BI) test case brought by the UK’s Financial Conduct Authority against insurers with ‘questionable' wordings in the UK in light of COVID-19 claims.

Platform use rose by 40 percent week on week during the early days of COVID-19.

The company claims the demand for legacy solutions has surpassed expectations amid COVID-19 and market hardening.

The newly created role will focus on enhancing Lloyd’s US business opportunities and expanding strategic relationships with retail, wholesale and reinsurance brokers.

The company has partnered with SpecialistRe to strengthen its reach and offering across China, Japan and South-East Asia.

CCR Re has hired a senior specialty lines leader from PartnerRe who also worked at AXA Re and Paris Re.

UK insurer Aviva reduces Asian business to sharpen its focus on the UK, Ireland and Canada.

The executive will lead the Brussels and Amsterdam offices for AXIS' specialty aviation re/insurer Aviabel.

CNA seeks to extend and accelerate its analytics and data science capabilities across the insurance value chain.

The executive was most recently served as chief financial officer of Unum Group.

The acquired trade specialist provides risk management solutions spanning customs bonds, cargo and liability.

The insurer has replaced the chief executive officers of its Swiss and Bermudian subsidiaries.

The OECD steering committee should be expanded to include at least one low-tax jurisdiction, to represent views of countries like Bermuda: Klein.

Climate, coronavirus and social inflation are all factors, says new report.

There are solutions available and here new technology can prove its worth.

He predicts a gradual period of softening later, depending on how much money flows in.

Pandemic has prompted close consideration of policy wordings and exclusions.