Reinsurance
Ransomware Threatens ‘American Way of Life,’ U.S. Official Warns
A top U.S. cybersecurity official offered a dire warning to members of Congress on Wednesday, saying the "American way of life" faces serious risks amid the drumbeat of ransomware attacks and ...
Reinsurance Pricing Technology For Hard and Soft Markets
Sean Bourgeois, the chief executive officer of Tremor, often hears people say that his company's reinsurance price optimization technology works best in a soft market, when there's a lot of ...
Picture an experienced underwriter who’s spent 30 years building carrier relationships, spotting risks others miss, and mentoring producers. Over the...
Why Reinsurance Prices Are Wrong—and How to Fix Them
Each reinsurance renewal season sees brokers feverishly chasing down the best premium prices in the market. Frequently, when the panel of reinsurers offer their submissions for a slice of treaty, the ...
Arch Rebrands New Purchase Watford Re as Somers Re, Implements New Reinsurance Strategy
Arch Capital Group Ltd., alongside private equity partners Warburg Pincus and Kelso & Co., announced that Watford Holdings Ltd. and Watford Re Ltd. have been renamed Somers Group Holdings Ltd. ...
Insurers May Face Climate Stress Tests by 2023: EU Regulator
Insurers could face European climate stress tests as soon as 2023, the head of the EU's insurance regulator said at the Reuters Future of Insurance Europe conference on Thursday. The insurance ...
Executives On The Move at Liberty Mutual, At-Bay and Vantage Group Holdings
Liberty Mutual appointed one of its veteran executives to lead the E&S Primary Casualty business of its Ironshore unit. At-Bay hired an Argo Group and AXIS veteran executive as its new National ...
Insurers, Banks, Investors Worth a Combined $130 Trillion Pledge to Prioritize Limiting Climate Change
Banks, insurers and investors with around $130 trillion or 40% of the world's capital at their disposal pledged on Wednesday to put limiting climate change at the center of their work. An ...
Zurich North America Seeking Startup Applications for Third Annual Innovation Championship
Zurich North America is inviting InsurTech startups to apply for the third annual Zurich Innovation Championship. Registration via www.zurich.com/zicis open through Dec. 23, 2021. Zurich will select ...