Latest Headlines

  1. xagent Partners With First Insurance Funding

    xagent, the single-entry market access solution for property and casualty (P&C) agents, announced a new partnership today with FIRST Insurance Funding.

  2. RenaissanceRe Holdings Ltd. To Acquire Tokio Millennium Re In $1.5B Transaction

    RenaissanceRe Holdings Ltd. (“RenaissanceRe” or the “Company”) announced recently that it has entered into a definitive agreement with Tokio Marine Holdings, Inc. (“Tokio Marine”) pursuant to which an affiliate of RenaissanceRe will acquire Tokio Marine’s reinsurance platform, which includes Tokio Millennium Re AG and Tokio Millennium Re (UK) Limited

  3. AXA XL Launches Cyber Insurance For Small & Mid-Size Businesses On Slice ICS

    Slice Labs Inc., a leading on-demand insurance cloud provider, and AXA XL, a division of AXA, recently launched a new cyber insurance policy specifically designed for small and midsize businesses  

  4. Travelers Partners With Gilbane And Triax Technologies To Test Benefits Of Wearables For Construction Industry

    The Travelers Companies, Inc. recently announced a collaboration with Gilbane, one of the country’s largest contractors, and Triax Technologies, a leader in Internet of Things (IoT) construction technology, to explore the potential safety benefits of wearable devices 

  5. La Segunda Selects Guidewire Products To Transform Core Operations Capabilities

    El Grupo Asegurador LA SEGUNDA, a provider of property insurance products and services, labor risks and insurance for people, based in Argentina, and Guidewire Software, Inc., provider of the industry platform Property and Casualty (P&C) insurers rely upon, recently announced that La Segunda has selected Guidewire Core products to modernize its systems and transform the way it does business 

  6. KBRA Releases Research Report On The Innovation Of The Bermuda (Re)Insurance Market

    Kroll Bond Rating Agency (KBRA) releases a research report entitled Innovation to Foster Growth of Bermuda (Re)insurance Market Despite Headwinds 

  7. Wolters Kluwer Analysis Names Timely Claims Processing As Top Compliance Challenge For Insurers

    Untimely claims handling and failure to provide required compliant claims, underwriting, and policyholder service disclosures are the U.S. insurance industry’s top compliance shortcomings 

  8. Demotech Presents To Insurance Accounting & Systems Association

    On October 22, 2018, Joseph L. Petrelli presented "Thoughts on Insurer Financial Analysis with a Focus on the Sunshine State" to the Sunshine State Chapter of the Insurance Accounting and Systems Association

  9. AIG’s Brexit Restructure Approved

    American International Group, Inc., announced that its European subsidiary, AIG Europe Limited (‘AEL’) has received approval from the High Court of England & Wales to transfer its business into two new entities: American International Group UK Limited (‘AIG UK’) and AIG Europe SA (‘AESA’) in preparation for the UK’s exit from the European Union 

  10. A.M. Best Affirms Credit Ratings Of Caribbean Alliance Insurance Company Limited

    A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Caribbean Alliance Insurance Company Limited (CAIC) (Antigua and Barbuda). The outlook of these Credit Ratings (ratings) is stable