Reinsurance
The Latest Launches From Sompo International and Willis Towers Watson
Sompo International launched a new business unit focused on expanding offerings to more industries in the U.S. market. Willis Towers Watson formed an international InsurTech partnership with Plug and ...
Startups Nail Down Financing for Customer Management Software, Casualty Claims Tech
Glassbox closed a $25 million round of financing intended to fuel the growth of its digital customer management software. The company's clients include insurance companies such as The Hartford, ...
Don’t Worry? EU, UK Regulators Will Cooperate to Aid Smooth Brexit
European Union regulators have recognized the need to cooperate with their UK counterparts to avoid disorderly markets if no agreement is reached on the terms of the UK's departure from the EU, ...
Q3 2018 Cat Losses Likely to Hit Above the Norm: Morgan Stanley
The 2018 third quarter was relatively benign compared to the record catastrophe losses incurred by carriers last year. But hurricanes, wildfires, typhoons and more could still leave industry losses ...
Growth vs. Accumulation Disaster: Cyber Reinsurers Mull Both Sides
Cyber insurance is a market with enormous growth potential – but one that also has the potential to become a costly, worldwide event in a matter of seconds. Unlike natural catastrophes, cyber isn't ...
RenaissanceRe Non-Committal About Exploring ‘Strategic Alternatives’
A ReinaissanceRe shareholder's call for the company to explore a possible sale is drawing a non-committal response from management. TimesSquare Capital Management, an institutional management firm ...
Are Current Climate Change Mitigation Targets Feasible? We’ll Find Out on Oct. 8
The world's leading climate scientists this week are preparing the final version of a cornerstone United Nations report to assess whether global temperatures can be kept in check this century to ...
Aspen Founder, CEO O’Kane to Depart in 2019; Brit Chairman Cloutier to Replace Him
Aspen Insurance Holdings Group Chief Executive Officer Chris O'Kane plans to step down in the 2019 first half, after investment manager Apollo Global Management LLC closes its $2.6 billion deal to ...