Intelligent Insurer News
The latest news from www.intelligentinsurer.com
Updated: 51 min 34 sec ago
Rated Bermuda, Cayman Islands and Barbados captives steadily navigate market cycles
Captives increasingly used for flexibility, risk financing and hands-on risk management.
C-Quence and Cytora collaborate to streamline P&C insurance
‘We are confident of accelerating long needed transformation in our industry.’
Marsh appoints chemicals and life sciences industry practice leader
She joins from Munich Re and succeeds Simon Thompson, who is retiring.
Google’s AI-focused fund gives insurer Openly significant seed money
Technology enables ‘firm customer quote in less than 20 seconds’.
BSHI grows in Australia, France and Spain with key appointments
Growth includes entering the surety market in Australia.
Securian Financial acquires Empyrean Benefit Solutions
Acquisition aims to strengthen Securian Financial’s position in employee benefits market
Amynta appoints global head of structured solutions
Prior to Amynta, he co-founded StatSure Financial.
Global insurers highlight low interest rates as their top portfolio risk concern
‘Increasingly the industry is willing to take on liquidity risk in pursuit of higher yields.’
Global health care benefit cost increases will vary widely in 2020 - Willis Towers Watson
Mental health conditions will be a significant cost factor over the next five years.
Markel appoints managing director, global casualty underwriting and claims
She will work closely with Robin Russo, EVP and chief underwriting officer.
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.
ICE InsureTech joins Willis Towers Watson’s Global Radar Live Collaboration Programme
Ticker is the first ICE customer to connect with Radar Live.
US life/annuity holdings of structured notes on the rise – AM Best
The industry increased its holdings in structured notes by one-third over a three-year period
Former Swiss Re and AIG executive joins HCXI advisory board
He will advise HCXI on risk transfer and mitigation product innovation.
US P/C reinsurers’ net premiums and combined ratio improved on 2018
Results are from a Reinsurance Association of America survey of 17 US reinsurers.
The Hartford Expands internet of things capabilities
Aim is to improve workplace safety and help prevent or reduce property damage.
HCI Group Insurtech subsidiary surpasses $50 million in premiums
TypTap premium growth propelled by homegrown technology.
AXIS Capital estimated Hagibis losses $90m - $110m
The figure is consistent with industry insured losses of approximately $11 billion.
Chubb ups stake in Beijing-based insurance group
Chinese regulators approve purchase that will raise Chubb’s share to 46 percent.
Verisk launches new home inspection customer collaboration tool
OneXperience provides real-time identification and verification of details.
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