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CEO Viewpoint: It’s No Longer Enough to Just Insure
Remote Work Saves Global Commuters 72 Minutes a Day: Study
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Brookfield Reinsurance to Acquire Insurer Argo Group in $1.1B Deal
The Hartford Net Income Down 19% in Q4

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InsurTech Spotlight: FloodFlash Is Closing Coverage Gaps with Parametrics
Technology Trends Unpacked at Big ‘I’ InsurTech Summit
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Allstate’s Plan to Return to Profit in Auto
Insurance Groundhogs Have Their Day: Some Primary Prices Need to Go Higher
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AM Best Downgrades California Earthquake Authority Credit Ratings
Recession Early Warning: More Misleading Earnings Reports
Laid Off Tech Workers Are About to Get Help—From Allstate
What to Expect: 7 InsurTech Predictions for 2023
Conning: Embedded Insurance Market Could Exceed $70B in Premium by 2030
Tesla Competing With ‘GEICOs of the World’ to Lower Insurance Prices

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Insuring the Metaverse: Decoding Risk in a New World Opportunities Across the Metaverse for the Insurance Industry
FTX Liability Tentacles Spread Far
How Automation Can Help Manage the Underwriting Process
Insurance’s Wildfire Crisis: Three Keys for Rethinking Risk, Response

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Arch Capital News

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. ...

Hurricane Ida, Europe Floods Will Ding Q3 Results for RenaissanceRe, Arch Capital

RenaissanceRe Holdings Ltd. estimated losses from certain catastrophe events will have a net negative impact of approximately $725 million on the company's third quarter 2021 results. This estimate ...

Arch Capital Revises Watford Acquisition Agreement, With Backing From Ex-Rival Enstar

Arch Capital Group Ltd. and Watford Holdings Ltd. announced a revised definitive agreement under which Arch will acquire all of the common shares of Watford for $35.00 per share, in an all-cash offer ...

Arch Capital Reportedly Leading $500M Bid for Reinsurer Watford Holdings

A consortium led by insurer Arch Capital Group Ltd has made an approximately $500 million offer to acquire reinsurance firm Watford Holdings Ltd , people familiar with the matter said on Tuesday. The ...

Nationwide, Swiss Re Among Carriers Participating in Upcoming NYC InsurTech Accelerator Program

An accelerator for growth-stage InsurTech startups is launching in New York City this fall. Several carriers and brokers will be participating, including Nationwide, Swiss Re and more. InsurTech NY ...

Activist Shareholder to Watford: Sell Yourself or Go Into Runoff

Capital Returns Management LLC, the fifth largest shareholder of Watford Holdings Ltd., is urging the reinsurer to sell itself or be put into runoff. In a letter to Watford's board of directors, the ...

Arch: Dorian, Faxai Caused Up to $75M in Pre-Tax Cat Losses

Arch Capital Group Ltd. disclosed pre-tax catastrophe losses of between $65 million and $75 million for the 2019 third quarter. Damages caused by Hurricane Dorian and Typhoon Faxai are largely to ...

Two Arch Capital Subsidiaries Finalize Post-Brexit Plans

Some subsidiaries of Arch Capital Group have finalized some changes to the European operations as part of the company's broader Brexit plans. Arch Insurance EU (formerly Arch Mortgage Insurance), won ...

Arch Insurance Appoints Shulman to Lead North American Business; New Organizational Structure Added

Arch Insurance named a long-term executive at the company to lead its North American operations. Matt Shulman will take on the newly created role of CEO, Arch Insurance North America, effective Jan. ...

S&P Changes Lloyd’s Outlook to Negative; Cat Loss Tallies Continue

While affirming the A+ financial strength rating of the Society of Lloyd's, S&P Global Ratings announced said Thursday that it revised the rating outlook to negative from stable in the wake of ...
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News

  • Brookfield Reinsurance to Acquire Insurer Argo Group in $1.1B Deal

  • The Hartford Net Income Down 19% in Q4

  • Zurich Leads Series B Fundraise for Cyber InsurTech BOXX Insurance

  • Getty Images Lawsuit Says Stability AI Misused Photos to Train AI

  • Moody’s Downgrades SCOR’s Rating to A1 From Aa3 on Weakening Profits

  • Tech Bytes: New Partnerships at CNA, Swiss Re, HSB

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Contributors

Mike KeeganRealtor, Auto Dealer Partnerships Offer New Revenue Streams to P/C InsurersOliver BrewCyber Insurance Themes to Look Out for in 2023Jason KeckHow Automation Can Help Manage the Underwriting ProcessDan WoodsFive Lessons for Carriers to Launch Innovative Insurance ProductsMartha NotarasWhat to Expect: 7 InsurTech Predictions for 2023Benjamin StearnsIs the Broken Florida Homeowners Insurance Market Finally Fixed? See Our Contributors

Features

  • CEO Viewpoint: It’s No Longer Enough to Just Insure

  • Opportunities Across the Metaverse for the Insurance Industry

  • FTX Liability Tentacles Spread Far

  • What to Expect: 7 InsurTech Predictions for 2023

  • Looking Ahead—and Back to the Beginning

  • CEO Reflections: Thoughts on Long-Term Leadership and My Career

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