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The transactions included complex catatastrophe XOL treaties. -
The ILS manager has no current plans to deploy investor capital in cyber underwriting risks.
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Overall reinsurance capacity is becoming harder to source for InsurTechs.
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Tech start-ups are finding it harder to source reinsurance support, a conference heard.
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Hudson Structured founder Michael Millette joins the board of directors after his company led the InsurTech’s latest funding round.
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Aon’s Dominic Christian says a 35 percent cost base for the (re)insurance industry is not sustainable.
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The technology is mature enough to deliver on its promises, according to the B3i CEO.
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Munich Re now has a stake of about 27.5 percent in Next Insurance.
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Bold Penguin has raised $32mn from a series B funding round.
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Markel co-CEO Richard Whitt told an audience in Las Vegas that the launch of Lodgepine coincided with a need for capacity in the retro market.
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Archipelago was launched last September with the aim of improving the way data moves through the insurance sector.
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The investment will be ploughed back into the reinsurance marketplace to enhance quoting and management capabilities.
