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The e-trading platform’s usage has surged since the insurance market began working remotely.
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The Northeast P&C insurer said it is expecting AM Best to review its financial strength rating in response to the cutback.
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The German insurer has placed a new EUR200mn worldwide cat agg deal. -
Data standardisation and tech investment could ramp up the industry’s understanding of cross-class events, says Karen White.
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It will have a maximum line of over $20mn and allow members to adjust lines on a risk-by-risk basis.
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The long-serving executive is to depart as clutch of other Australia-based staff resign.
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A round-up of recent news on insurance technology initiatives and start-ups.
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Wirecard collapse threatens huge loss; Apollo and Argo deals revealed; inside the AGCS turnaround.
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Consultation on amount of premium ceded and how much liability the state will shoulder has caused delays.
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Rate increases should continue but may be increasingly fragmented by January 2021.
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The move comes as the rating agencies show signs of an increasing willingness to take negative actions.
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Two ILS leaders are working on a new launch with strategic broker and reinsurer alliances in place, sister title Trading Risk revealed.
