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Reinsurance

BIBA, Lloyd’s and ABIT join Tech City UK’s Insurtech Board By IBR Staff Writer
Tech City UK’s fintech delivery panel has created a new subgroup with a particular focus on insurtech and innovation.
Reinsurance > News
Allianz Worldwide Partners UK chooses Optal to optimize claims payments Allianz Worldwide Partners UK has selected Optal to help optimize payments to its network of suppliers.
Reinsurance > News Microsoft, Flyreel speed up insurance industry access to new AI-powered underwriting solution Microsoft announced a working relationship to speed up access to Flyreel's exclusive underwriting assistant.
Reinsurance > News
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LSM to introduce web-based platform for specialized trade credit insurance
By IBR Staff Writer
Liberty Mutual Insurance’s Liberty Specialty Markets (LSM) is introducing a web-based platform for transacting specialized trade credit insurance for banks, corporates and commodity traders in the UK.
Reinsurance > News
AIG reports net loss of $6.7bn for Q4
By IBR Staff Writer
American International Group (AIG) has posted a net loss of $6.7bn for last year’s fourth quarter, compare to $3bn for the same period in 2016.
Reinsurance > News
SoftBank in talks to buy minority stake in Swiss Re
By IBR Staff Writer
Japanese telecommunications company SoftBank is in talks to acquire a minority stake in Swiss Re in a deal which is expected to be worth $10bn.
Reinsurance > News
Cisco and Apple partner with insurance companies on cyber security
By IBR Staff Writer
Tech companies Cisco and Apple, and insurance firms Aon and Allianz have unveiled a new cyber risk management solution for US businesses.
Reinsurance > News
Enstar agrees to acquire KaylaRe
Enstar Group has agreed to acquire an additional 52% interest in KaylaRe Holdings (KaylaRe), the parent company of Bermuda-based, Class 4 reinsurer KaylaRe Ltd.
Reinsurance > News
Allianz to buy Sri Lanka’s Janashakthi General Insurance for EUR85.9m
By IBR Staff Writer
German insurance giant Allianz has agreed to acquire Sri Lanka-based Janashakthi General Insurance (JGIL) for LKR16.4bn (€85.9m).
Reinsurance > News
GRP acquires majority stake in Camberford Law
Global Risk Partners Group (GRP) has acquired a majority stake in Bromley-based specialist MGA, Camberford Law.
Reinsurance > News
AGCS to buy Liberty Mutual’s US renewal portfolio of product recall business
By IBR Staff Writer
Allianz Global Corporate & Specialty (AGCS) is purchasing the renewal portfolio of product recall business from Liberty Mutual in the US.
Reinsurance > News
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