Reinsurance Capacity Remains Abundant for Mid-Year Renewals: Aon Benfield April 18, 2018 By L.S. Howard Global reinsurer capital continued to rise in 2017, despite the US$136 billion in insured losses from natural catastrophes last year,...
Octo Telematics’ Execs to Buy 20% of Russian Shareholder Stake, Paving Way for IPO April 13, 2018 By L.S. Howard Italy’s Octo Telematics announced that its chairman and chief executive have signed a binding agreement to purchase 20 percent of...
Non-Catastrophe Losses, Natural Disasters Take Toll on Lloyd’s Market in 2017 April 2, 2018 By L.S. Howard The Lloyd’s market’s pre-tax loss of £2 billion (US$2.8 billion) in 2017 was partly due to hurricanes and wildfires in...
Attritional Losses Take Their Toll at Lloyd’s, Along with 2017’s Natural Catastrophes March 23, 2018 By L.S. Howard The Lloyd’s market’s pre-tax loss of £2 billion (US$2.8 billion) in 2017 was partly due to hurricanes and wildfires in...
SMEs Underestimate Cyber Risks Which Could Prove ‘Fatal’: Allianz Report March 5, 2018 By L.S. Howard Small- and medium-sized enterprises are waking up to the realities of cyber risks but still underestimate their exposures, according to...
SMEs Underestimate Cyber Risks Which Could Prove ‘Fatal’: Allianz Report February 21, 2018 By L.S. Howard Small- and medium-sized enterprises are waking up to the realities of cyber risks but still underestimate their exposures, which could...
Aspen Ceases Underwriting Property Insurance from Bermuda Platform February 16, 2018 By L.S. Howard Aspen Insurance Holdings confirmed on Friday, Feb. 16 that it has ceased underwriting property insurance on its Bermuda platform, effective...
First-Hand Knowledge of Industry’s Problems Led to Idea for InsurePal’s Social Proofing February 12, 2018 By L.S. Howard After spending 15-plus years in and around the insurance industry, Matt Peterman and Tom Volk had first-hand experience of the...
Distributed Social Proof Insurance: The Next Industry Game-Changer? February 12, 2018 By L.S. Howard InsurTech startup InsurePal (now known as VouchForMe) is developing an insurance platform that aims to revolutionize the industry’s model for...
Bermuda’s Re/Insurance Model to Be Tested Following U.S. Tax Reforms: Fitch February 5, 2018 By L.S. Howard The Bermuda re/insurance model will be tested following U.S. tax reforms and the continuing challenges of competitive market conditions, according...