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Axa confirms £600mn RiverStone legacy deal

Axa has begun the transfer of £600mn ($775mn) of UK disease liabilities to run-off specialist RiverStone.

Catrin Shi, 02 May 2017
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
Startupbootcamp portfolio companies tout their wares

Start-up accelerator Startupbootcamp held its annual InsurTech demo day event in London last week, with the latest cohort of new companies strutting their stuff for a packed hall of industry professionals and investors.

Matthew Neill, 02 May 2017
Generali Lloyd’s project remains on ice

Generali's Lloyd's start-up shows no signs of being revived 12 months after the project was suspended following a leadership change at the carrier, but it still has not been definitively cancelled, The Insurance Insider understands.

Adam McNestrie, 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
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
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

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