Insurtech Firms Often Help, Not Disrupt, Traditional Reinsurers: JLT Re September 12, 2017 By L.S. Howard A wave of insurtech startups are entering the re/insurance market – but that’s not necessarily a disruptive trend, according to...
Lacking Political Support, Global Capital Rule for Insurers Stalls September 11, 2017 By Huw Jones The first global standard for investors to compare how much capital insurers from different countries hold to keep policies safe...
Chubb Picks France for Post-Brexit European Headquarters If UK Exits EU September 11, 2017 Chubb Limited intends to relocate its European Union headquarters to France if the United Kingdom leaves the EU as expected...
Insurers Gain as Shifty, Weakened Irma May Not Be as Damaging as Feared September 11, 2017 By Ross Larsen, Oliver Suess and Katherine Chiglinsky Insurers jumped in markets from Europe to Florida amid signs that predictions about Hurricane Irma’s damage were excessively dire. Giant...
Allianz Specialty Names Vassallo to London Energy Team September 11, 2017 Allianz Global Corporate & Specialty SE (AGCS) has appointed Anthony Vassallo as senior underwriter leading downstream energy for the regional...
Allianz Could Be Considering Buying Shares in Abu Dhabi National Insurance September 11, 2017 By Saeed Azhar and Stanley Carvalho State-backed Abu Dhabi Investment Council is weighing the sale of its nearly 24 percent stake in Abu Dhabi National Insurance...
Hurricane Costs Become Talk of Monte Carlo’s Reinsurance Rendez-Vous September 10, 2017 By Tom Sims As Hurricane Irma battered Florida on Sunday, the cream of the insurance world — gathered under the Mediterranean sun in...
After Powerful Mexico Quake, Authorities Evaluate if Cat Bond Payout Triggered September 10, 2017 By David Alire Garcia and Jose Cortes At least 61 people died when the most powerful earthquake to hit Mexico in over eight decades tore through buildings...
Indian Insurer ICICI Lombard Hopes to Raise $892 Million with IPO September 8, 2017 By Devidutta Tripathy ICICI Lombard General Insurance Co Ltd’s initial public offering of shares opening next week aims to raise up to 57...
Hedge Funds Overseeing Cat Bonds Try to Remain Calm Over Irma September 8, 2017 By Sonali Basak Greg Hagood didn’t have many details to work with on Thursday afternoon. Hurricane Irma wasn’t expected to make landfall in...