German Insurtech Getsafe Raises Another $63M for Full Insurance License October 8, 2021 Getsafe, a digital MGA based in Germany, raised another $63 million in funds, with plans to use the added cash...
Swiss Re Estimates Europe’s July Floods to Cost Insurers $12 Billion October 5, 2021 Swiss Re estimated total insured market losses of the insurance industry due to the July floods in Europe at approximately...
Swiss Re Partners with Insurtech Claim Genius for Efficient Motor Claims Using AI September 22, 2021 Swiss Re is partnering with Claim Genius, an insurtech that provides artificial intelligence (AI) insurance claims solutions, to enhance motor...
Zurich and Swiss Re Leaning Even Greener, While Gen Zers Covet Climate Jobs September 9, 2021 By Don Jergler Zurich is deepening emissions cuts and adding green options for customers. Zurich Insurance Group announced this week it is “taking...
World’s Largest Carbon Capturing Technology Plant Starts in Iceland September 8, 2021 By Nikolaj Skydsgaard The world’s largest plant that sucks carbon dioxide directly from the air and deposits it underground is due to start...
Global P/C Premiums Likely to Double by 2040, but Motor Growth Will Slow: Swiss Re September 8, 2021 By L.S. Howard Global property/casualty premiums are expected to more than double to US$4.3 trillion in 2040 from US$1.8 trillion in 2020 –...
People Moves: AXA XL’s Coletti Heads Swiss Re’s New Cyber U/W Team; Zurich Promotes Mantero to Chief Strategy Officer; Everest Names Citigroup’s Modin Pres., Mt. Logan Re September 3, 2021 This edition of International People Moves covers appointments at Swiss Re, Zurich Insurance and Everest Re Group subsidiary, Mt. Logan...
Munich Re Moves Ahead of Swiss Re as Reinsurer With Most GPW: AM Best September 2, 2021 Munich Re replaced Swiss Re as the largest reinsurer in AM Best’s annual ranking of the Top 50 Global Reinsurance...
Report: More U.S. Residents Heading Toward Climate Change Dangers Than Away August 26, 2021 By Don Jergler It’s counterintuitive to run toward a fire, or any risk for that matter, but that mindest doesn’t seem to always...
Swiss Re Signs $10M Carbon Removal Purchase Agreement to Fight Climate Change August 26, 2021 Swiss Re and carbon removal specialist Climeworks are partnering to combat climate change — by signing the world’s first long-term...