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Today's Headlines September 10, 2021

COVID-19 Claims Are Placing 'Considerable Burden' on Global Reinsurers

Global life and non-life insurance and reinsurance COVID-19 claims are approaching $50 billion, which has had a significant burden on reinsurers, according to Mike Van Slooten, head of Business Intelligence for Aon Reinsurance Solutions. read more
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Lloyd's Swings Into the Black With H1 Profit of Nearly $2B

Lloyd's of London reported pre-tax profit of £1.4 billion (US$1.9 billion) for the first half of 2021, compared to a £400 million (US$550.8 million) loss during H1 2020. read more
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 Brand Spotlight 
Absence Management: Harnessing Employee Absence Data to Save Time and Money

The COVID-19 pandemic heightened awareness around managing employee leaves of absence and associated regulations. In fact, according to a recent Guardian study, 8 in 10 employers say the pandemic taught them the importance of absence management. As workers return to the office, HR teams are ...read more
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Reduced Insurance Cover Leaving Offshore Operators With Big Ida Losses

Offshore energy firms are likely to face greater financial losses from Hurricane Ida than from previous storms in the Gulf of Mexico, because of reduced coverage offered by insurers, risk modeling firm RMS said on Thursday. read more
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Jetty Raises $23M, Launches Product to Help Renters Cover Monthly Payments

Jetty has raised $23 million in additional venture capital and launched a new product that helps renters cover their monthly payments. read more
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Cognizant Expects Carriers to Foot Bill for $95M Bribery Lawsuit Settlement

Cognizant Technology Solutions Corp. has reached a $95 million settlement to resolve a lawsuit accusing the information technology services company of defrauding shareholders by concealing bribes to officials in India. read more
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Executives On The Move at Cowbell Cyber and AXIS Insurance

A former Lockton executive joined Cowbell Cyber as its new Head of Insurance. AXIS Insurance made three appointments within its U.S. Renewables team. read more
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A 9/11 Remembrance From Former Carpenter Chairman Newhouse

In remembrance of the 20th anniversary of the Sept. 11, 2001 terrorist attacks, we are republishing an August 2018 article, which contains the recollections of Britt Newhouse, former chairman of reinsurance broker, Guy Carpenter. Newhouse worked in the second World Trade Center tower destroyed that day, when 295 colleagues from Marsh McLennan Cos. and 63... read more
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Research and Webinars

Business Email Compromise: 2021 Global Threat

Business email compromise, or BEC – defined as a fraud tactic using email to ...
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Insurance in the Age of Instinct

Insurers are facing a moment of truth. How they respond today will lay the ...
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Understanding Account Takeover 2021

GIACT's new report, Understanding Account Takeover 2021, discusses the impact ...
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Differentiation in the Age of Consolidation: Carriers' Organic Growth Strategies

As large P&C carriers and brokers continue to grow through mergers and ...
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How to Evaluate Imagery Providers

The arrival of new aerial imagery providers gives insurance carriers the ...
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Media

EP. 32: Innovations in Products, Services Signal Optimism for Sorely Underserved Market

InsurTech Newsletter


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