International
Greenlight Re Decides Not to Sell Itself After All
Greenlight Capital Re, Ltd., the Cayman Islands-headquartered reinsurer, announced it has decided to continue with its existing business plan after completing a strategic review of transaction ...
Lloyd’s Placed on Rating Watch Negative by Fitch Due to COVID-19 Uncertainty
Fitch Ratings has placed Lloyd's of London's 'AA-' Insurer Financial Strength (IFS) ratings on rating watch negative, on the uncertainty and increased risk to Lloyd's earnings and underwriting ...
Forecasters Predict an Above Average 2020 Atlantic Hurricane Season
The 2020 Atlantic hurricane season could see a greater than average number of major hurricanes because of warmer seas and favorable weather patterns, forecasters from Colorado State University's ...
Executives On The Move at The Hanover, Everest Re and Sayata Labs
A Zurich North America veteran joined The Hanover Insurance Group as vice president and general counsel. Everest Re Group Ltd. hired a Hiscox veteran as chief financial officer of Everest Insurance. ...
New InsurTech Venture Capital Financings Dropped by Half in Q1
Already, the coronavirus pandemic has taken a big bite out of InsurTech venture capital financings. Venture capital investments in the sector reached $760 million in the 2020 first quarter, about 50 ...
InsurTech Wefox Part of European Efforts to Ready Smartphone Tech Tracing Coronavirus Exposures
A group of European experts said on Wednesday they would soon launch technology for smartphones to help trace people who had come into contact with those infected with coronavirus, helping the health ...
Lemonade Enters the Netherlands Insurance Marketplace
Lemonade is now doing business in the Netherlands, its second European country after debuting in Germany nine months ago. The New York-based InsurTech said that Dutch customers can purchase contents ...
China Re Reportedly Explores Establishing U.S. Arm
China Reinsurance Group Corp said on Wednesday it will carefully consider its plan to set up a business entity in the United States, based on its global strategy and the implementation of Sino-U.S. ...