Tencent shows tech’s appetite to own access to reinsurance capital

Tencent Holdings Ltd., the Chinese multinational technology conglomerate, has provided one of the clearest examples of a tech giant wanting to own its access to reinsurance capital, a trend we've been anticipating would emerge. Our regular readers know we have a passion for technology, alongside risk transfer and use of efficient read the full article →

Akinova gets first Bermuda Insurance Marketplace Provider licence

Akinova, a company that has created a platform for the transfer and trading of insurance and reinsurance risks, has become the first to receive an Insurance Marketplace Provider licence in Bermuda. Akinova had previously become the first company to be authorised for an insurance regulatory sandbox licence from the Bermuda Monetary read the full article →

Akinova to focus on clearing with help of ex-LCH.Clearnet CEO

Akinova, the start-up that aims to create a platform or marketplace for the transfer and trading of insurance and reinsurance risks, is adopting a focus on clearing trades, signing up Ian Axe to its advisory team, a former Group CEO of LCH.Clearnet. Clearing refers to the reconciliation of purchases or sales read the full article →

Broker revenues reflect the firming. But what of the value in the chain?

In reporting their results today, two of the largest reinsurance brokers displayed growth in revenues and business opportunities in the current firming market conditions, which suggests their profits should increase further over the coming months, as the benefits of harder reinsurance rates globally begin to flow through to their bottom-lines. The read the full article →

Data-driven glimpse of the re/insurance future: Parametric cargo cover from Parsyl

Every so often some new insurance or reinsurance product, or strategy, emerges that shows us a glimpse of the future of this marketplace, often driven by technology, data and the use of parametric triggers. The latest product to do so is one launched by insurtech start-up Parsyl Inc. this week, which read the full article →

Akinova looks to standardisation of ILS risk transfer with ACORD

Akinova, the start-up aiming to launch a platform or marketplace for the transfer and trading of insurance and reinsurance risks, has donated some of its data assets related to ILS to global standards-setting body ACORD. The aim is to showcase standardised insurance-linked securities (ILS) related assets more broadly to the insurance read the full article →

Bermuda’s first insurance regulatory sandbox licence goes to Akinova

The Bermuda Monetary Authority (BMA) has authorised the first licence for its insurance regulatory sandbox, giving it to Akinova, the start-up aiming to launch a marketplace for the transfer and trading of insurance or reinsurance risks. Insurance technology (insurtech) start-up Akinova has already been registered an entity in Bermuda, AkinovA (Bermuda) read the full article →

Rob Procter added to risk trading start-up Akinova’s advisory board

Rob Procter, the co-founder of Securis Investment Partners, the independent London-headquartered insurance and reinsurance linked investment manager, has been assigned to the advisory board of Akinova, having also made an investment in the start-up. Procter co-founded Securis back in 2005, with the company now one of the largest ILS and reinsurance read the full article →

AkinovA selects matching engine & compliance tech from Aquis

AkinovA, one of the insurtech start-ups targeting provision of a marketplace for digital trading of reinsurance risk, has selected Aquis Technologies to provide it with necessary matching engine and compliance related software. Akinova has been promising delivery of a digital platform for transfer and trading insurance and reinsurance risks as it read the full article →

Insurtech AkinovA gets investment from Hiscox & MS&AD

Digital risk trading insurtech start-up Akinova has secured an investment boost from reinsurance firm Hiscox Re and the venture arm of Japanese insurance holding company MS&AD. Akinova promises a digital platform for transfer and trading insurance and reinsurance risks and is looking to launch with an industry-loss warranty (ILW) type of read the full article →