Underwriting
The Institutes Completes Blockchain Proof-of-Auto-Insurance Product; Nationwide to Test
The Institutes' work with insurers in the blockchain space has led to a debut product – a tool designed to establish proof of auto insurance. Nationwide is the first carrier to bring it to ...
Allied World Is Back in A.M. Best’s Good Graces
Allied World Assurance Company Ltd. is back in A.M. Best's good graces. The insurer and its divisions have been removed from their status as "under review with negative implications." Also, A.M. Best ...
Fed Sees Lingering Cyber Risks in Wake of Feb. 2016 Bangladesh Hack Attack
The Federal Reserve, which was at the center of an unsolved $81-million cyber heist nearly two years ago, is ready for further talks with foreign counterparts to address the lingering risks of cyber ...
Catastrophe Bond Managers Plan New Launches as They Put Hurricanes Behind Them
Hedge funds and other managers of catastrophe bond funds racked up some of the worst losses in more than a decade from this year's hurricanes and wildfires. But a year that is shaping up to be the ...
Gig-Economy Legal Risks May Rise After Uber Loses UK Court Fight
Uber Technologies Inc. will be regulated in European Union countries as a transport company after the bloc's top court rejected its claim to be a digital service provider, a decision that could ...
Hamilton Finds Buyer for Sportscover Legacy Book
Hamilton Insurance Group has found a buyer for the legacy book the insurer inherited from its purchase of Sportscover Underwriting Ltd. in April 2015. Syndicate 3330 will buy the business from ...
Volante Global Debuting in Early 2018 as Multi-Class International MGA Platform
Volante Global Ltd will launch and commence trading during Q1 2018, subject to Lloyd's coverholder approvals where appropriate. The new multi-class and multi-territory international managing general ...
EU Wants Post-Brexit Trade Deal in Place by January 2021
The European Union expects the U.K.'s post- Brexit transition period to last until the end of 2020 and is aiming for a trade deal to kick in immediately after that, according to a European Commission ...