China’s Services Sector Including Insurance Off to Flying Start in 2018 February 5, 2018 By Stella Qiu and Ryan Woo China’s services sector got off to a flying start in 2018, expanding at its fastest pace in almost six years...
More Than 1,000 South African Gold Miners Rescued February 5, 2018 All the miners who were trapped underground for more than 24 hours after a storm knocked out power lines supplying...
Japan’s Peer-to-Peer Vouch Insurtech Raises Seed Funding February 5, 2018 Taiwan venture capital firm Nogle Capital Management, Singapore venture capital firm GREE Ventures and several angel investors have participated in...
Incumbent Re/Insurers Drive Insurtech Investments in Q4 2017: Willis Towers Watson February 2, 2018 By L.S. Howard Re/insurance industry incumbents are fueling investments in insurtech startups, sending a clear message to potential disruptive outsiders, according to a...
More Hackers Target Red-Hot Cryptocurrency Space: Report February 2, 2018 By Gertrude Chavez-Dreyfuss Bitcoin’s popularity and the emergence of about 1,500 other digital coins or tokens have drawn more hackers into the red-hot...
Volante Launches Nordic-Focused MGA, Bridge Underwriting, Led by QBE’s Lindberg February 2, 2018 Volante Global Ltd., a new multi-class and multi-territory international managing general agent (MGA) platform, has announced the launch of Bridge...
Allianz to Acquire Sri Lanka’s Janashakthi General Insurance for €85.9M February 2, 2018 Allianz announced it has entered into an agreement with Janashakthi Insurance PLC (JINS) to acquire 100 of its subsidiary Janashakthi...
Run-Off Specialist Armour Group Acquires Gibraltar’s Elite Insurance February 2, 2018 Run-off specialist Armour Group Ltd. has led a group of investors to acquire Gibraltar-based Elite Insurance Co. Ltd. (EIC) and...
French Dairy Group Likely Sold Contaminated Baby Milk for Years; Multiple Suits Filed February 1, 2018 By Sybille de La Hamaide and Gus Trompiz French dairy group Lactalis may have been producing salmonella-tainted baby milk for more than a decade, its CEO was quoted...
London Market Single Claims Agreement Launched to Improve Claims Handling February 1, 2018 The London market has launched a simplified system for claims handling in an effort to improve client service and streamline...