Financial technology


Munich Re Ventures raises $500m fund, surpasses $1bn of assets

Munich Re Ventures, the insurtech and related risk technology investment arm of the global reinsurance company, has closed a $500 million capital raise for a new Munich Re Fund II and now looks to broaden its approach to investing in the most innovative start-ups transforming the future of risk. Munich Re read the full article →

Tech to drive greater standardisation & ILS participation: Prospectus 2021

The insurance-linked securities (ILS) market is currently experiencing somewhat of a flight to simplicity, and with technology led risk transfer solutions set to drive greater standardisation, it's expected that the capital markets will be able to participate more readily as a result. To close the very first Prospectus 2021 re/insurance and read the full article →

Reinsurance challenges “more than just a normal soft market” – Fitch

The challenges faced by traditional reinsurance firms are likely to "extend beyond a normal soft market cycle" as factors such as the growth of alternative capital, changes to the value-chain and higher regulatory costs all weigh on reinsurers, according to Fitch Ratings. In an update in which the rating agency reiterates read the full article →

Reinsurance disruption to continue as finance becomes modular: Oliver Wyman

The insurance and reinsurance industry should expect further disruption as financial sectors with inefficient cost structures and high capital usage face threats from new entrants, business models, technology and alternative sources of risk capital, according to Oliver Wyman. The financial services industry is becoming "modular" and sector participants and value chains read the full article →

ILS & technology collaboration needed to advance industry: Xuber

As the insurance-linked securities (ILS) sector continues to mature, market participants have an opportunity to collaborate with technology firms to develop tools that can move the industry forward, according to insurance and reinsurance software provider Xuber. In recent times the ILS market has witnessed some impressive growth, with the acceptance and read the full article →

Rewire aims to originate, structure & place ILS deals using technology

Insurance-linked securities (ILS) industry veterans Stefano Sola and Richard Pennay have launched a new technology focused ILS firm, Rewire Holdings LLC, seeking to increase efficiency in the syndication of catastrophe risk to reinsurance and capital markets. Rewire Holdings aims to leverage up-to-the-minute technologies, such as the internet and cloud storage, to read the full article →