ACORD, the standards-setting body for the global insurance industry, has announced the expansion of its Global Reinsurance & Large Commercial (GRLC) Data Standards, to include new standards for electronic placing. (Re)insurers will be able to […]
Legal and General Assurance Society Limited (“Legal & General”) today announces that it has agreed a £250m buy-in transaction with the Selecta UK Pension Plan (“the Plan”) securing the benefit payments of approximately 1,000 pensioners […]
Today JBA Flood Risk Management Limited announced its collaboration with Reinsurance Solutions Intermediary Services (RSIS), an African-based reinsurance broker that will use the JBA global flood modelling capability to provide flood risk analytics and catastrophe […]
Gallagher Re, the global reinsurance broker, has today unveiled Gallagher Automated Insurance Analytics (GAIA) – a proprietary and ground-breaking, single, scalable, automated analytics platform. GAIA will provide multiple benefits for clients and markets through the […]
Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, today announced the integration of Sapiens ReinsuranceMaster for Old Mutual Insure, the oldest insurer in South Africa, which services personal, commercial and corporate […]
Hannover Re anticipates a continuing trend towards higher prices and improved conditions in property and casualty reinsurance for the various rounds of renewals in 2022. Along with the sometimes far above-average large losses recorded in […]
SiriusPoint Ltd., a global specialty insurer and reinsurer, has announced a strategic partnership with Vouch Insurance, the fully-digital business insurance platform for startups. SiriusPoint is providing multi-year underwriting capacity and investing in the company’s Series […]
Global reinsurers performed well in the first half of 2021, with a further expansion of their capital bases and strong headline underwriting results and ROEs. Underlying ROEs, while less strong, were nonetheless noticeably improved, according […]
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