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Convex teams up with Cytora for AI-powered underwriting
The Catlin and Brand-led start-up strikes its first InsurTech partnership.
Anna Sagar
,
15 July 2019
UK general insurance shares slip on Ogden rate announcement
Moody's warns Direct Line and Admiral will face a one-off earnings hit.
Samuel Casey
,
15 July 2019
‘Survival days’ are numbered for local generalist brokers: Pat Gallagher
The AJG CEO says the heads of many of the 39,000 smaller insurance brokers in the US face ownership decisions.
Rachel Dalton
,
15 July 2019
UK government lifts Ogden rate to -0.25%
The 50-basis-point increase defies industry expectations that a consultation would push the discount rate back into positive territory.
Rachel Dalton
,
15 July 2019
Carrier M&A outside Lloyd’s is dead right now – the story is pricing
Right now, carrier M&A is dead.
Adam McNestrie
,
15 July 2019
New Orleans spared as Barry moves inland
National Hurricane Centre warns of dangerous flooding throughout Monday.
Anna Sagar
,
15 July 2019
Tropical Storm Barry strengthens in Gulf
Tropical storm Barry has now strengthened, with the storm expected to make landfall tomorrow as a hurricane, according to data from National Hurricane Center (NHC) reconnaissance flights.
Bernard Goyder
,
12 July 2019
AIG general insurance falls short of expectations: AM Best
The ratings company made the comments amid an affirmation of AIG’s credit and financial strength rating.
Laura Sanicola
,
12 July 2019
Space insurers expect $400mn+ Vega loss
The loss will erode margins in the market, which reported new business of just $350mn in 2018.
Gavin Bradshaw
,
12 July 2019
Hiscox's Jebi and Michael reserve strengthening heralds wider Q2 impact: analysts
The carrier points to a $16bn industry-wide Jebi loss and $12bn in Michael claims.
Samuel Casey
,
12 July 2019
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