Global insurance trends

Accenture Study Finds Insurtech Could Net Industry $375bn in Extra Revenue

We all know insurtech is transforming the insurance industry, but roughly how much money is at stake? Quite a bit, according to Accenture, who have just completed a study of seven major insurance markets, including […]

Global insurance trends

Aon Sets Up Biggest Ever Catastrophe Insurance Bond

Aon Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, has assisted the World Bank in structuring the largest ever catastrophe bond covering earthquake, providing the organisation with USD1.36 billion […]

Business

Insurers Looking For Trade Deals With Non-EU Countries

UK insurers aren’t waiting for the outcome of the Brexit negotiations, but instead are taking action to secure their business future by setting up a framework for overseas development. A template for future trade agreements […]

Global insurance trends

Allianz and Aon Team Up with Apple on Cyber Attack Insurance

Apple and Cisco Systems Inc have teamed up with insurer Allianz and Aon to offer discounts on cyber insurance to businesses that primarily use equipment from both technology companies. Cyber crime is growing and according […]

Global insurance trends

InsurTech News: Start-Ups, Sales and Bosch Bluetooth Telematics

Here’s a news round-up of investment fund and insurer activity in the InsurTech sector, including a very handy plug-n-play Telematics gadget from Bosch electronics; MetLife US insurer Metlife announced it is launching two Insurtech investment […]

Global insurance trends

2017 Proved a Tough Year for Reinsurance Market, Says Willis Re

With recent catastrophe loss estimates in the region of US$136 billion, 2017 is proving to be one of the worst loss years on record for the global (re)insurance market, according to the latest 1st View […]

Global insurance trends

Marine Insurance 2017: Hurricanes Hit a Soft Market For Six

2017 Review – Insurance In The Eye of The Storm Here are some comments looking back at the turbulent events of 2017 which affected marine insurance, plus the knock-on effect for those in the commercial […]