Reinsurance
Liberty Mutual Closes Acquisition of 3 AmTrust Euro Subsidiaries
Liberty Mutual Insurance announced it has completed the acquisition of three European subsidiaries of AmTrust Financial Services: Nationale Borg, Nationale Borg Reinsurance, and AmTrust Insurance ...
MGM Will Pay Nearly $800M to Vegas Mass Shooting Victims by Late 2020
MGM Resorts International agreed to pay as much as $800 million to settle most claims arising from the October 2017 mass shooting at one of its properties on the Las Vegas Strip. The company expects ...
Ireland Predicts No-Deal Brexit if UK Proposals Are Final
If Britain's latest proposals for an agreement on leaving the European Union are its final offer, then a no-deal Brexit lies ahead, Irish Foreign Minister Simon Coveney said on Thursday. British ...
Insurance Linked Securities in 2019: Asking the Right Questions
The record losses we saw in 2017 and 2018 were felt heavily by the insurance industry, and there is no denying that two years of losses have affected investor sentiment. While such a statement is ...
Practical Ways to Make InsurTech Work: ITC Panel
InsurTech is grabbing the attention of carriers and agencies alike, but the level of change it promises also causes anxiety. At the 2019 InsureTech Connect Conference in Las Vegas on Sept. 25, ...
Global Insurance Accelerator Boosts Seed Funding for Participating InsurTechs
The Global Insurance Accelerator said it is nearly doubling its seed funding for participating InsurTechs, starting with companies accepted into the program in 2020. A desire to stay competitive is ...
Executives On The Move at Hamilton Insurance Group, DataCubes and HDI Global SE
Hamilton Insurance Group appointed a former Third Point Re executive to serve as SVP and head of Casualty & Specialty for its new U.S. reinsurance platform. An ex-Maiden Re chief data scientist ...
The Future of InsurTech Innovation Is Intertwined With Regulation
It's no secret: Innovators and regulators often clash. But both are needed to help enable a dynamic, consumer-friendly property/casualty industry in the future, insurance and InsurTech industry ...