Reinsurance News
Arbol
Arbol transacts $170m in GWP in 2022
31st January 2023
Arbol, a global climate risk solutions platform, has reportedly transacted $170m in gross written premium (GWP) in 2022, marking significant growth and traction for the Arbol platform as it more than doubled its 2021 GWP of $70m. The InsurTech platform and FinTech company also reported cash flow-positive operations for the second-consecutive ... Read the full article
Arbol names Hector Ibarra as Vice Chairman of LATAM
10th January 2023
Global climate risk solutions platform, Arbol, has announced that insurance-linked securities and parametric insurance expert, Hector Ibarra, has joined the company as Vice Chairman of LATAM. Ibarra holds more than two decades of experience driving market development efforts across the financial industry, including parametric risk transfer products. Most recently, he served as ... Read the full article
Arbol’s parametric solution delivers $10m payout for Hurricane Ian damages
6th December 2022
Arbol, a global climate risk solutions platform, has announced its parametric reinsurance solution has delivered one of the first payouts for loss or damage attributed to Hurricane Ian. The $10 million payout to Centauri Insurance, a property and casualty insurer operating in nine U.S. states, was executed less than one month ... Read the full article
Arbol hires Chief Legal Officer Matthew Gabin from Swiss Re
22nd November 2022
Global climate risk solutions platform Arbol has announced that Matthew Gabin has joined the company as Chief Legal Officer and Deputy Chief Operating Officer (COO). Gabin is a veteran lawyer with extensive experience in parametric reinsurance, weather risk transfer, and insurance-linked securities (ILS). He joins Arbol from Swiss Re, where he served ... Read the full article
Arbol names ILS exec Brad Livingston as Head of Risk Capital Solutions
6th October 2022
Arbol, a technology-led underwriter of parametric risk transfer, climate and weather re/insurance business, has announced the hire of Brad Livingston, an executive with significant insurance-linked securities (ILS) market experience, as its new Head of Risk Capital Solutions. In the new role, Livingston will bring his ILS structuring and execution expertise, leading ... Read the full article
Arbol hires Jeffrey Khoo as Vice Chairman, APAC
5th October 2022
Arbol Inc., a global climate risk solutions platform, has appointed Jeffrey Khoo as Vice Chairman, APAC. His appointment is part of the company’s expansion strategy into APAC. Most recently Khoo served as Chief Marketing Officer at ED Broking, and before that served as Head of Food and Agriculture Sales, Asia at Swiss ... Read the full article
Arbol and Singlife with Aviva partner on parametric rainfall travel cover
31st August 2022
Arbol, a global climate risk solutions platform has partnered with Singapore-based insurer Singlife with Aviva to provide it a parametric rainfall insurance product for travellers. Singlife stated that it is the first insurer in Singapore to offer this innovative parametric insurance product designed to help consumers manage the impact of unexpected ... Read the full article
Arbol transacts over $100mn in GWP in H1 2022
19th August 2022
Global climate risk solutions platform, Arbol, has reportedly transacted more than $100mn in gross written premiums (GWP) in the first half of 2022, marking significant growth compared to the $70mn in GWP transacted in 2021. The traction and scale the Arbol platform continues to see, according to Sid Jha, Arbol’s Founder ... Read the full article
Arbol forms first captive insurer dedicated to climate risk management
5th August 2022
Insurtech platform and FinTech company Arbol has announced the formation of Climate Risk Insurance Company – the first captive insurance company dedicated to climate risk management. Based in Connecticut, Climate Risk Insurance Company will focus on helping businesses and corporations manage a range of risks, like temperature, rainfall, and catastrophic storms. The ... Read the full article
Arbol hires Kornberger as Chief Revenue Officer & Deputy CFO
3rd May 2022
Insurtech platform and FinTech company Arbol has announced the appointment of Charlie Kornberger, who joins the company as Chief Revenue Officer and Deputy Chief Financial Officer (CFO). Within these roles, Kornberger will oversee all revenue generating programs and operations for Arbol and its subsidiaries. Kornberger joins Arbol from Standard Chartered Bank, where ... Read the full article
Arbol transacts $70mn in GWP in 2021
22nd February 2022
InsurTech platform and FinTech company Arbol has reportedly transacted $70 million in gross written premiums in 2021, marking significant growth and traction for the Arbol platform, which in 2020 transacted $15 million in notional risk and $2.2 million in gross premium. Highlighting Arbol’s focus on a sustainable business model, the company’s ... Read the full article
Arbol & SIG Re partner to deliver parametric reinsurance capacity
10th November 2021
InsurTech platform and FinTech company, Arbol Inc., has launched Arbol Underwriters Ltd. (AUL), a Bermuda-based registered insurance agent with a focus on matching reinsurance capacity with parametric insurance risks. AUL has partnered with SIG Re, a Bermuda domiciled reinsurer, to provide keystone committed capacity, with SIG Re having appointed AUL as ... Read the full article
- ← Previous
- 1
- 2
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
