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HSCM and FM Global invests in AI InsurTech RiskGenius
The investment is the carrier’s largest in a start-up.
Anna Sagar
,
16 July 2019
Everest hires fine art and specie head from Charles Taylor
Joshila Tailor will join the Bermuda-based insurer as global head of fine art and specie.
Anna Sagar
,
16 July 2019
Scor begins claiming $26mn cat bond recovery
The firm’s 2015 Atlas cat bond has triggered, following loss creep from the 2017 hurricanes.
Sofia Geraghty
,
16 July 2019
Downstream energy rates expected to accelerate after $1bn loss tally
Underwriters said rate rises of 20 percent plus were needed, with some pushing for hikes of as much as 70 percent.
Anna Sagar
,
16 July 2019
Excessive focus can make industries terrible at adapting to new phenomena
A Financial Times interview with Pat Gallagher made me long for the summer break and the chance to read and digest a book I have been recommended.
Mark Geoghegan
,
16 July 2019
Delegated authority expansion deemed ‘unjustified’ in market survey
The Insurance Insider’s Market Sentiment Survey, in association with EY, found that the majority of market figures think growth will be difficult to sustain.
Samuel Casey
,
16 July 2019
Carriers playing ‘wait and see’ on silent cyber: Eiopa’s Bernardino
The chairman of the EU insurance supervisor warned that (re)insurers cannot shoulder systemic cyber incidents alone.
Laura Board
,
16 July 2019
BGC, McGill & Partners to challenge aviation broking oligopoly
They face a Herculean task but the two start-ups could break the stranglehold of MMC, Willis and AJG in the aviation market.
John Hewitt Jones
,
16 July 2019
Barry to cost (re)insurers $300mn: KCC
The modelling agency’s estimate factors in privately insured wind and storm surge losses from property and automobile claims.
Sofia Geraghty
,
16 July 2019
Darag confirms quota share deal with Protector
The legacy carrier will cover the Norwegian insurer’s change of ownership portfolio.
Rachel Dalton
,
16 July 2019
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