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Newslink Global Insurance Trends

Topics: Cyber Directors & Officers Environmental Liability Financial Institutions Financial Results InsurTech Launches / New Products Law Mergers & Acquisitions Solvency II Topical Trends

This week, the latest Swiss Re sigma report predicted that Global insurance markets were set to rebound with China leading the recovery...

The latest MIB Life Index highlighted continued growth in US Life Insurance activity, and Capco suggested that financial services firms can learn from the military approach. EIOPA published its updated Risk Dashboard based on the second quarter of 2020 Solvency II data. The Paris Commercial Court ruled against Covea and Thierry Derez over Covea's bid to take over SCOR-both Covea and Derez are to appeal.


Forrester published its Q3 InsurTech Funding Roundup report, and Kickstart's report highlighted InsurTech digitisation initiatives in Europe. FRISS reported on its worldwide study around insurance fraud. MAPFRE USA deployed Guidewire for personal lines business Innovation and growth, with commercial lines transformation through Guidewire Cloud underway. INSTANDA launched Integration Marketplace, allowing insurers access to multiple platforms in one place, and Majesco announced the rapid development of HSB's Total Cyber product. Tokio Marine Kiln selected Pega Platform to improve operational efficiency, and TCS deepened its strategic partnership with Prudential Financial. Sapiens is to acquire Tia Technology based in Denmark, and also announced that Norway-based Gjensidige Pensjonsforsikring(GPF) had chosen its CoreSuite for Life & Pension(L&P) platform. Willis Towers Watson acquired Acclimatise in a move that further strengthens its climate resilience leadership.


Davies Group announced it is to rename its Requiem intermediary services business as the operation looks to broaden the services it provides to the market. Cinven and GIC are to acquire specialist insurance broker Miller. Latest financials and trading updates included Ageas, Berkshire Hathaway, Direct Line, and Zurich; Enstar, Lancashire, and Talanx.

 

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Share fluctuations
Aviva
410.1
GBX
+2%
Enstar Group
192.1
USD
-2%
Beazley
555.5
GBX
+0.5%
Aon
289.8
USD
+0.8%
Everest Re
257.8
USD
+0.8%
Tokio Marine
54.1
USD
-2.7%
Hiscox
900.0
GBX
-0.2%
Marsh & McLennan
167.0
USD
+0.8%
Chubb
186.6
USD
+0.7%
Travelers
160.0
USD
+0.6%
Gallagher
179.4
USD
+0.5%
Munich Re
223.5
EUR
-0.4%
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