Risk
InsurTech Startup Evident Gains Further Traction During Coronavirus Pandemic
Evident (also known as Evident ID), is a four-year-old InsurTech startup generating some added momentum since the COVID-19 pandemic struck in March, making nearly every meeting, business transaction ...
PartnerRe Rejoins Largely Unchanged Reinsurance Top 10: A.M. Best
The 10 largest global reinsurers of 2019 represent a paragon of stability, according to A.M. Best's new market segment report. That's largely because so little changed from the year before. Nine of ...
Amazon Adds Insurance and Gold to Financial Service Offerings in India
Amazon.com Inc. has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty program in a battleground ...
Hurricane Laura Losses Could Have Been Worse, Modelers Agree
Although Hurricane Laura was the strongest cyclone to strike Louisiana since 1856, damages were limited because it made landfall in a relatively sparsely populated area and the highest winds were ...
China Re Group Enjoyed Robust Growth for H1 2020
China Re Group Corp enjoyed rapid growth in premiums and steady profitability in the first half of 2020 despite the pandemic. Overall, gross written premiums in the first half of 2020 increased 20.5 ...
Social Inflation and the Risk of D&O-GL Clash
Social inflation is the primary explanation offered for the need to increase general liability and excess casualty premiums in the last two years. With social inflation, injured parties are more ...
Hippo Completes Acquisition of Spinnaker Insurance
Hippo, an InsurTech and managing general agent focused on home insurance, has completed its acquisition of Spinnaker Insurance Company, with an expansion into additional states next on its plate. The ...
Tesla Factory Struck by ‘Serious’ Cyber Attack
Elon Musk said on Thursday that Tesla Inc's factory in Nevada was a target of a "serious" cybersecurity attack, confirming a media report that claimed an employee of the company helped the Federal ...