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Game-changing tech the focus of Acord Forum
The urgency in incorporating cutting-edge technologies and changing processes was the central focus of Acord's London Forum for (re)insurance tech and transformation professionals last week.
Matthew Neill
,
02 May 2017
Credit insurance market exposed to Mozambique default
Credit insurers have hundreds of millions of dollars in exposure to a default in Mozambique, amid restructuring talks between the country and its creditors.
Bernard Goyder
,
02 May 2017
No fool like a new fool
Quarterly reporting season is upon us. The Insurance Insider news desk collectively sighs and pretends to be flustered, but secretly they are excited
Mark Geoghegan
,
02 May 2017
Q1 reveals higher cats, Ogden charges and claims inflation
The first quarter earnings season has been characterised by a higher number of moving pieces than normal, as one-off Ogden charges and unexpectedly high cat losses at the end of the reporting period combined with recurrent reserve challenges.
Iulia Ciutina
,
02 May 2017
InsurTech venture funding slides in first quarter
Funding for InsurTech ventures fell 64 percent to $283mn in the first three months of 2017 as transaction numbers dropped by over a third, according to a report from Willis Towers Watson.
Dan Ascher
,
02 May 2017
ACR confirms regulatory clearance
ACR Capital Holdings has confirmed that the Chinese regulator has provided clearance for its acquisition by Shenzhen Qianhai Financial Holdings and Shenzhen Investment Holdings.
Charlie Thomas
,
02 May 2017
AmTrust reserves may need ‘hundreds of millions’: KBW
AmTrust's shares are likely to remain in the doldrums unless the company can provide a more robust justification for its reserves or takes a potential nine-digit reserve hit, according to KBW analysts.
Matthew Neill
,
02 May 2017
Third Point Re returns beat S&P 500 in April
Third Point Re's investment manager Third Point LLC posted a 1.6 percent return in April, beating the S&P 500 index's monthly return and analyst expectations
Dan Ascher
,
02 May 2017
Aon closes $4.8bn sale of benefits operation
Aon's $4.8bn deal with private-equity firm Blackstone for the Aon Hewitt benefits administration and HR business process outsourcing platform has closed, according to the global broker.
Dan Ascher
,
02 May 2017
Willis Re veteran Ridge to exit
Willis Re's chairman of global specialty, Jerry Ridge, is set to leave after a career with the firm that has spanned four decades, The Insurance Insider can reveal.
Adam McNestrie
,
02 May 2017
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