All News articles – Page 100
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NewsVantage Risk enters ILS Market with upsized $225 million Vista Re Cat Bond
Vista Re follows the launch of AdVantage Retro I Ltd., a collateralized reinsurer established by Vantage in December 2020 which allows investors to partner with Vantage to access selected reinsurance risks.
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NewsArthur J. Gallagher is in talks to buy Aon, Willis Assets
An agreement could be reached in the coming weeks, said the people, who asked to not be identified because the matter isn’t public. Assets in Germany, Spain, France, and the Netherlands as well as Willis Towers’ reinsurance business will be part of the package deal, the people said.
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NewsItaly’s REVO SPAC aims to raise 200 mln euros for insurance deals
Two known Italian business executives said on Monday they would list a 200 million euro ($243 million) special purpose acquisition company (SPAC) in Milan by the end of May to target opportunities in the insurance sector.
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People & OpinionJim Williamson appointed Head of Everest Reinsurance. Replaces John Doucette
Everest Re today announced that Jim Williamson, Executive Vice President and Group Chief Operating Officer will assume additional responsibilities as the Head of the Everest Reinsurance Division effective immediately.
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NewsGuy Carpenter Launches Asia Pacific Catastrophe Advisory Group
The Asia Pacific Catastrophe Advisory Group will offer clients direct access to Guy Carpenter’s extensive catastrophe expertise and capabilities, including in-house analytics experts, scientific partners and public-sector specialists.
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NewsEd Gaze: 2020 a ‘good year’ for Lloyd’s Lab, 2021 to be ‘much of the same’
Despite Lloyd’s Lab moving online due to the Covid-19 pandemic, 2020 has had some “real successes” and 2021 will be “much of the same”.
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NewsAXA Partners and Insurance2go deal bolsters growth plans
AXA Partners has entered a new deal with mobile phone and gadget insurance provider Insurance2go, supporting its growth plans in existing brands and markets.
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NewsIs this the future for Lloyd's? Digital syndicate in successful start
Ki has also developed and released its first broker API to allow brokers to integrate digitally with the syndicate’s algorithm
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People & OpinionAxis Insurance hires Thomas Uribe
The company said Mr Uribe will be responsible for broadening relationships with distribution partners, expanding general new business opportunities and the execution of underwriting strategy.
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NewsVaccine passports and privacy pitfalls
The data in ‘vaccine passports’ is the most sensitive information many firms will have ever managed
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NewsHiscox cyber study suggests complacency
German firms were hardest hit by cyber attacks and ransomware is now commonplace, with one in six firms targeted
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NewsHannover Re Q1 GWP up 16.8%
Hannover Re again posted double-digit growth in premium income in the first quarter and at the same time delivered modestly improved Group net income.
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NewsQ1 commercial insurance prices rose 18%
Quarter is the first to show a fall in the average rate of increase since Q4 2017; UK continues to lead with rate hikes of 35% - Marsh
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NewsAustralian Insurers welcome reinsurance pool committment
A Reinsurance Pool Working Group of insurers was established to work through the Northern Australia cyclone risks. This group will now turn its attention to working with the Federal Government’s announced design and consultation process to determine the operation of the pool.
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NewsAXA XL teams up with SpaceAble to support safe and responsible activity in Low Earth Orbit
AXA XL Insurance today announced it has established a global partnership with SpaceAble, a start-up specialising in Space Situational Awareness (SSA), to better support satellite operators and organisations operating in space.
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NewsChubb and Marsh in world’s first Covid vaccination insurance deal
Chubb and Marsh have announced a collaboration with the World Health Organisation (WHO) and Gavi the Vaccine Alliance (Gavi) that has secured insurance coverage for eligible individuals in 92 lower-income countries and economies up to $150m.
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NewsZurich warns e-commerce boom could spark warehouse blaze uptick
Zurich has warned of a potential increase in warehouse blazes as the pandemic-propelled e-commerce boom has sparked a surge in demand for storage and distribution space.
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NewsAviva extends building insurance to new customers with cladding woes
The insurer wants to provide a ’transparent, sustainable framework’ to help residents whose buildings have external combustible cladding
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NewsCanadian insurtech APOLLO partners with Lloyd’s of London
Launched in April 2019, APOLLO now offers the largest selection of online insurance in Canada. In January 2021, APOLLO announced the close of a CAD $13.5 million Series A financing round.
