Reinsurance
Can InsurTechs Really Disrupt Insurers and Reinsurers?
The mantra of InsurTechs is changing. Initially, InsurTechs were going to disrupt the insurance industry through the use of technology; however, technology alone cannot replace the vital role played ...
5 P/C Insurer CEOs Sign Pledge Promising Meaningful Corporate Social Responsibility
CEOs of some of the largest property/casualty insurers signed onto a new document, along with some of the nation's largest and most influential companies, urging corporate leadership for the benefit ...
Hamilton Completes Acquisition of Liberty Mutual’s Pembroke Managing Agency, Ironshore Europe DAC
Hamilton Insurance Group said it has completed its acquisition of Liberty Mutual's Pembroke Managing Agency at Lloyd's and its Ironshore Europe DAC business. The acquisition, first announced in ...
EU Rejects UK PM Johnson’s Bid to Reopen Brexit Divorce Deal
Prime Minister Boris Johnson's demand that the European Union reopen the Brexit divorce deal was rebuffed on Tuesday by the bloc, which said Britain had failed to propose any realistic alternative to ...
ReinsurTechs Break Through: Reinsurance May Finally Be on InsurTech’s Radar
InsurTech startups targeting the property/casualty insurance industry proliferated in multiple ways over the last few years. Relatively few of them focus on reinsurers, however, and Will Dove has ...
Arch Insurance Asserts Policy Exclusion Frees It From Covering USC’s $215M Sex Abuse Settlement
Arch Specialty Insurance Co. is arguing in a recently filed a lawsuit that it shouldn't have to cover the University of Southern California's $215 million settlement in a case where the school's ...
European Commission Warns Britain Will Suffer Most Under No-Deal Brexit
The European Commission said on Monday that the EU was ready for a no-deal Brexit and that Britain would suffer most under such a scenario. Speaking at a regular daily briefing, Commission ...
Only 42 Percent of H1 Global Economic Losses Were Covered by Insurance: Swiss Re
Natural catastrophes and man-made disasters in the first half of 2019 were responsible for $44 billion of economic losses globally, according to Swiss Re Institute's preliminary sigma estimates. This ...