Strategy
AIG Told by U.S. Regulator to Improve Reinsurance Disclosures
The U.S. Securities and Exchange Commission told American International Group Inc to improve disclosures about its use of reinsurance to mitigate losses in its property and casualty unit, according ...
COIN Re, Ted Blanch’s Latest Venture, Invites Customers to Be Owners
At age 82, E.W. "Ted" Blanch is in the position of many entrepreneurs less than half his age: launching a new company. He's the co-founder and president of COIN Re, a Florida-based reinsurance broker ...
InsurTech Partnerships: What Insurers Want and Get
Remember the 1989 movie "When Harry Met Sally"? During lunch with Harry at a deli, Sally very publicly fakes a wild orgasm. A nearby patron, when asked what she'd like to order, signals in Sally's ...
The Latest Launches From Slice Labs/AXA XL and Roost
Slice Labs and AXA XL partnered on a new cyber insurance policy. Roost and Iceland's TM Insurance will link up in a deal that will expand access to its home telematics products. *** Slice Labs Inc. ...
So You Wanna Be an Innovator in a Big Company
Here's what I've learned. 1. Ban the "I" word. Most innovation in insurance companies comes where customers (or distributors) encounter the company. This is one reason that 89 percent of insurance ...
AIG Will Exit Iran-Related Cargo Insurance Biz, Thanks to Trump Sanctions
American International Group Inc is exiting business activities in Iran that came with a subsidiary it acquired and which now butt up against the sanctions against Iran that have been reimposed by ...
Sirius International Is Now a Public Company, Thanks to Easterly Merger
Sirius International Insurance Group Ltd. is now a public company. The global multiline insurance and reinsurance group accomplished this by closing its previously announced merger with special ...
Cyber Risk Management Firm Zeguro Secures $5M Financing From Munich Re, QBE, Others
Cyber Risk management firm Zeguro closed a $5 million seed financing round, attracting insurance industry investors including Munich Re and QBE. Both insurers made the capital contributions through ...