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Insurance Business America | April 28, 2020
Global reinsurers saw robust capital growth in 2019, although underlying returns remained low, according to the latest Reinsurance Market Report from Willis Re.
Total capital dedicated to the global reinsurance sector was $605 billion at the end of 2019, reflecting year-over-year growth of 15%. The growth was driven primarily by 2019’s strong investment market performance, and was achieved despite a 3% contraction in alternative capital, Willis Re reported.
Much of this expan...
DigitalOwl and Sapiens International Corporation | November 10, 2022
Today, DigitalOwl, a company that specializes in utilizing technology to interpret and transform medical records into a completely digital, comprehensive and interactive abstract, and Sapiens International Corporation (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced a partnership to help the companies remain on the leading edge of the digital transformation within the insurance industry.
Insurance Business America | April 23, 2020
The insurance industry has never been known for its speed or agility. Rather, it has been characterized as slow, methodical, and cautious of any sudden movement. Of course, that’s a generalization. There are many insurance firms that break the mold and lead the way in terms of transformative innovation, but, generally speaking, most insurers have opted to spend their time on other things … until now. The global coronavirus pandemic has caused an explosion in firms throwing caution t...
Constellation | March 26, 2022
Constellation, Inc. (Constellation) and Michigan Professional Insurance Exchange (MPIE) announce the signing of an agreement under which the business, assets and liabilities of MPIE would be acquired by Constellation, a growing portfolio of medical professional liability (MPL) insurance companies. The agreement is pending regulatory and subscriber approval.
This transaction will deliver many benefits for MPIE subscribers, including Constellation’s high level of financial sta...
Core Insurance, Claims
Core Insurance, Risk Management
Risk Management, Compliance
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