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Chubb remains top writer of cyber lines in 2019: AM Best
29th July 2020
According to a new AM Best report, Chubb held on to its place as the top writer of cyber lines in the US in 2019, writing almost $360 million in DPW, while expanding its market share to 17.6%, up from 16% in the previous year. AXA XL remains the ... Read the full article
COVID-19 insurer & reinsurer loss reports
27th July 2020
COVID-19 loss reports and reserves reported by insurance or reinsurance companies This table documents publicly reported COVID-19 pandemic-related losses, IBNR reserves and estimates from insurance and reinsurance companies. The data was originally collected by Zurich-based financial services advisory PeriStrat LLC, operated by Hans-Joachim Guenther, and has now been ... Read the full article
ACORD reveals 2020 Board of Directors
24th January 2020
ACORD, the international standards-setting body for the insurance sector, has announced that the ACORD Board will be chaired by Tony Mattioli, the Chief Information Officer (CIO) at AssuredPartners Inc, with Kirk Behrens, Global COO at Aon as Vice-Chair. ACORD's Board of Directors for 2020 is comprised of 24 members, including seven ... Read the full article
Aon set to acquire SME insurtech platform CoverWallet
20th November 2019
Global re/insurance brokerage Aon has announced that it has entered into an agreement to acquire CoverWallet, a digital insurance platform for small to medium-sized businesses (SMEs). Aon previously made a strategic investment into the insurtech back in May 2019, and the firms agreed to work together in the SME space ... Read the full article
Chaucer enters marine insurtech partnership with Concirrus
19th March 2019
Chaucer, the specialty international (re)insurance group, has announced a new partnership with insurtech firm Concirrus, which is focused on driving technological change in the marine insurance market. The partnership will enable Chaucer to benefit from the use of Concirrus’ Quest Marine platform, which analyses billions of historical and real-time data to ... Read the full article
Argo expecting $44m dent to Q4 results
18th January 2019
Specialty re/insurer Argo Group International has announced a preliminary, pre-tax catastrophe loss estimate for Q4 2018 of $32 million, a figure net of reinsurance and reinstatement premiums, and including losses related to certain aggregate excess of loss contracts. The company said it also expects results from the fourth quarter to take ... Read the full article
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