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Wefox CEO: ‘We want to grow 100% a year and transform insurance into a service’

In an exclusive interview, CEO Julian Teicke described ambitious plans for more than 70 product launches by the end of 2022, and why he doesn’t need to consider IPOs right now.

Marcel Le Gouais, 05 July 2021
Bermuda signs on to international tax framework

The government supports efforts to create a minimum corporate tax and broaden taxing rights, but it warns of the impact on financial services and insurers.

Eileen AJ Connelly, 02 July 2021
AIG adds trio of ceded reinsurance executives

Jessie Ruppe joins from Arch to oversee casualty ceded reinsurance, while two internal promotions will be responsible for financial lines and property cessions.

Fiona Robertson, 02 July 2021
Elsa named first hurricane of the season

Elsa became the first hurricane of the season early on Friday as it slashed Barbados with winds gusting up to 86 mph.

Eileen AJ Connelly, 02 July 2021
India’s Digit Insurance secures $200mn fund raise, netting a $3.5bn valuation

Investors including Faering Capital, Sequioa Capital and IIFL Alternate Asset Managers have committed funds to the insurer, which is backed by Fairfax India Holdings.

Eli Rallo, 02 July 2021
The Week in 90 Seconds: Muted 1.7; contingency returns; IG faces tricky renewal; Axa XL Re sale analysis

Plus PPL’s NextGen platform woes and all the top news from this week.

Rachel Dalton, 02 July 2021
Scor to extend ‘Quantum Leap’ into 2022, as Rousseau forms new strategy

The new CEO will work with colleagues across the company to write a “new page of history” for the French reinsurer.

Rachel Dalton, 02 July 2021
Gallagher expands footprint in growing Indian market with acquisition

The carrier previously held a 30% stake in Mumbai-based Edelweiss Gallagher Insurance Brokers, but is now acquiring all remaining shares.

Luke Harrison, 02 July 2021
Lockton Re hires Dasgupta as senior broker in international P&C division

Showvanik Dasgupta has worked at Beach Re, Tokio Millennium Re and Aspen Re, where he started his career.

Alex Frampton, 02 July 2021
Suncorp renews FY22 reinsurance program at stable $4.7bn limit

It will cover home, motor and commercial property portfolios across Australia and New Zealand.

Alex Frampton, 02 July 2021

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