Cyber Reinsurers Aim to Master the Dangers of Global Accumulation October 5, 2018 By L.S. Howard Cyber insurance is a market with enormous growth potential – but one that also has the potential to become a...
Is the Reinsurance Cycle Dead or Just Dormant? Executives Discuss New Realities October 2, 2018 By L.S. Howard Many reinsurance executives have been left scratching their heads in surprise after last year’s natural catastrophes, which cost a whopping...
Industry Blockchain Initiative B3i Gets Ready to Go Live for January Renewals September 12, 2018 By L.S. Howard The industry’s Blockchain Insurance Industry Initiative (B3i) announced a year ago it had developed a reinsurance blockchain prototype for a...
SCOR Denies Press Rumors of Talks with PartnerRe September 5, 2018 French reinsurer SCOR formally denied press claims that the group has been in merger discussions with PartnerRe or any other...
French Reinsurer SCOR Spurns $9.6B Acquisition Offer from Insurer Covea September 4, 2018 By Phil Serafino and Andrew Blackman French reinsurer SCOR SE spurned an 8.3-billion-euro ($9.6 billion) unsolicited takeover offer from its biggest shareholder, Covea, which said it’s...
Reinsurer SCOR Reports 37% Drop in Q2 Net Profit on U.S. Tax Reform July 26, 2018 French reinsurer SCOR said its net profit in the second quarter of this year fell 37 percent to 96 million...
U.S. Sanctions Likely to Ban Use of Lloyd’s IT Platform for Processing Iran Insurance July 16, 2018 By Carolyn Cohn and Jonathan Saul New U.S. sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance,...
Swiss Re No Longer Offers Re/Insurance to Firms with More Than 30% Coal Exposure July 3, 2018 Swiss Re announced it no longer is providing re/insurance to businesses with more than 30 percent exposure to thermal coal...
Blockchain Insurance Industry Initiative, B3i, Forms Company Called ‘B3i Services’ March 26, 2018 The Blockchain Insurance Industry Initiative (B3i) announced the incorporation of B3i Services AG in Zurich, Switzerland. The company was formed...
Europe’s Re/Insurers Cut Coal Investments by $20B; U.S. Firms Fail to Act: Report November 16, 2017 Insurers have pulled $20 billion out of coal investments, but most are European and none of the top nine U.S....