Tagged: swiss re

RIQ Teams Up with Swiss Re to Enable Risk, Data and AI enhanced Reinsurance Solutions

RIQ and Swiss Re have signed a Memorandum of Understanding to develop and scale innovative capacity solutions, risk origination opportunities, and AI-enabled capabilities across the UAE region. Headquartered in the ADGM, RIQ is building an AI native reinsurance platform that integrates artificial intelligence and analytics… Read More

Global Property and Casualty Insurance Market Doubles to $2.4tr – Swiss Re

The global property and casualty (P&C) insurance market has doubled in size over the past two decades to $2.4 trillion in premiums, supported by broader access to coverage, alternative risk transfer mechanisms and stronger reinsurance capacity, according to Swiss Re Institute’s latest sigma report. Swiss… Read More

New Era of Online Risks Calls for Innovative Approach to Cyber Insurance, According to Swiss Re

The cyber risk landscape is “rapidly evolving,” with cyberattacks increasing in severity and sophistication. Hackers now “use triple extortion techniques and ransomware-as-a-service has lowered entry barriers for cybercriminals.” In addition, increased digitalization of critical infrastructure has made it “more vulnerable to cyber threats – with… Read More

OneConnect Joins Forces With Swiss Re to Co-Develop Digital End-to-End solution for Motor Claims Handling for European Market

OneConnect Financial Technology Co. Ltd. (OneConnect), an associate company of China’s insurance giant Ping An Group, announced earlier this week it has joined forces with Swiss Reinsurance Company Ltd. (Swiss Re) to co-develop a digital end-to-end solution for motor claims handling for the European market, based… Read More

Insurtech: Zego is First to Claim UK Insurance License

Zego, a UK based firm, has become the first UK Insurtech to receive an insurance license, according to a release from the company. Zego will now be able to build and sell its own insurance products. Zego, which raised $42 million this past June, has… Read More

Hellas Direct Teams Up With Swiss Re and Revolut to Enter the Cyprus Home-Insurance Sector

Hellas Direct, a Greece-based insurtech platform, announced on Tuesday it has teamed up with Swiss Re and Revolut to enter the Cyprus home-insurance sector. The company announced its partnership with Revolut last week to “shakeup” the insurance company in both Greece and Cyprus.  The partnership with Swiss Re… Read More

Send this to a friend