Insurance Brokers

Need Cover? BIBA Launches Flood Insurance Directory

The British Insurance Brokers’ Association (BIBA), the Association of British Insurers (ABI) and Flood Re have collaborated to help more householders who are struggling to obtain flood cover access the insurance they need.  They today […]

Global insurance trends

Hannover Re Update on Catastrophe Risk Bonds

Hannover Re transferred altogether 11 catastrophe bonds with a record volume of USD 2.7 billion (previous year: USD 1.6 billion) to the capital market for its clients in 2021 and thereby extended its leading position […]

InsureTech

Greenlight Re Set To Launch Insurtech Syndicate 3456

Latest from Greenlight Re; Greenlight Re Innovations (“GRI”), part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), has received ‘in-principle’ approval from Lloyd’s to establish an insurtech-focused syndicate. Syndicate 3456, which […]

Global insurance trends

Munich Re Looks Back at 2021’s Worst Weather Events

Latest 2021 stats on weather related losses around the world are in focus with Munich Re; In 2021, natural disasters caused overall losses of US$ 280bn, of which roughly US$ 120bn were insured Alongside 2005 […]

Technology

Tata Consultancy Partners With Swiss Re

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organisation, has expanded its 18-year long strategic partnership with Swiss Re, one of the world’s leading providers of reinsurance, insurance, […]

Technology

Reale Vida Teams Up With Munich Re

Reale Vida, the Reale Group’s Spanish insurer, has partnered with Munich Re to implement automated underwriting across its life insurance operations in Spain. The partnership is a significant milestone after the Reale Group in Spain […]

News

Deals: Hannover Re Selling Stake in HDI Global Speciality

Hannover Re is selling its 49.8% stake in the joint venture HDI Global Specialty SE to the majority shareholder HDI Global SE effective 31 December 2021. In reaching this agreement Hannover Re is underscoring its […]

Natural Catastrophe

COP26: Swiss Re & Blue Planet Invest in Oceans

A major financial investment has been injected into locally-led projects focused on building resilience in coastal communities adapting to climate change. The Swiss Re Foundation and the United Kingdom’s Blue Planet Fund (BPF) are both […]