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InsurTech start-up Humn secures £10mn to fuel expansion

The investment will be used to develop Humn’s data capabilities, grow commercial teams and drive European expansion.

Marcel Le Gouais, 13 October 2021
Hampden names Tory peer Lord Strathclyde as non-exec director

The former leader of the House of Lords has advised the boards of several high-profile companies including JCB and PwC.

Samuel Casey, 13 October 2021
Howden confirms deal to acquire Aston Lark

Sources said the deal consideration was £1.1bn, confirming earlier reports by this publication.

Samuel Casey, 13 October 2021
Axa XL’s McGovern: ESG ‘the biggest growth opportunity we’ve seen for a generation’

The executive and other ESG experts at the Airmic conference stressed the importance of insuring the transition to net-zero.

Luke Harrison, 13 October 2021
Hannover Re targets net-zero emissions across operations by 2030

The reinsurer aims to become carbon-neutral in operations by 2030, whilst its reinsurance target date is 2050.

Samuel Casey, 13 October 2021
AGCS flags 1,000+ cyber claims in 2020 and registers no let up in 2021

Allianz Global Corporate and Specialty (AGCS) received over 1,000 cyber claims in 2020 and has warned of no abatement in the frequency and severity of ransomware losses flooding the market.

Samuel Casey, 12 October 2021
RenRe slammed with $725mn in Q3 catastrophe claims

The figure – which included $440mn in losses from Hurricane Ida and $210mn from severe flooding in Europe – exceeds the $617mn in claims in the third quarter of 2017.

James Thaler, 12 October 2021
IMF cuts US 2021 growth forecast, notes supply chain and inflation concerns

The IMF also slashed its world growth estimates for this year but increased its 2022 forecasts.

Jairo Ibarra, 12 October 2021
Marine war MGA Vessel Protect launches instant access digital platform

Since launching last year, the coverholder has amassed a premium income of $30mn.

Samuel Casey, 12 October 2021
NOAA finds US hit by 18 disasters totaling $1bn or more so far in 2021

The accumulation of cat losses have taken a toll on carrier’s aggregate reinsurance covers, which could set up 1 January renewals for such treaties to be as difficult as last year.

Eileen AJ Connelly, 12 October 2021

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