All articles by Ronan Mccaughey

Ronan Mccaughey

Singapore’s MAS establishes FinTech Innovation Lab

The Monetary Authority of Singapore (MAS) has announced the opening of its FinTech Innovation Lab.

US life insurers’ pretax operating income falls 19% in H1 2016

Declining interest rates, volatile equity markets and unfavourable macroeconomic headwinds hampered investment income and asset-based fee income for publicly traded US life insurers, according to Fitch Ratings.

Life and health insurers urged to connect with other industries

LIMRA’s research director Scott Kallenbach has urged life and health insurers to consider partnering with other industries and services in order to help consumers take a holistic view of their lives.

Digital Group risk insurer Ellipse appoiints Lee Lovett as new CEO

UK-based digital group risk insurer, Ellipse, has appointed Lee Lovett as its new CEO. Lovett succeeds Ellipse’s current CEO John Ritchie, who will leave the business on September 14.

Fitch warns fallings yields hit UK life insurers’ S2 ratios

Solvency II (S2) ratios declined in 1H16 across the UK life insurance sector, driven by a fall in interest rates, particularly after the leave outcome (Brexit) in the EU referendum, says Fitch Ratings.

Digital group risk insurer Ellipse appoints Lee Lovett as new CEO

UK-based digital group risk insurer, Ellipse, has appointed Lee Lovett as its new CEO. Lovett succeeds Ellipse’s current CEO John Ritchie, who will leave the business on September 14.

India’s Exide Life Insurance ties up bancassurance partnership with SVC bank

Bengaluru-headquartered Exide Life Insurance has agreed a bancassurance tie-up with Mumbai-headquartered SVC Co-operative Bank.

LIMRA and LOMA reveal social media ‘insurance stars’ of 2016

The increasing sophistication in the use of social media by insurers and financial services companies has been highlighted by LIMRA and LOMA naming the 2016 Social Media Silver Bowl Award Winners.

CBLife opts for iPipeline’s iGo system to tap into millennials’ digital expectations

Colorado Bankers Life Insurance Company (CBLife) has selected iPipeline’s iGO system to process its Timber Ridge Series term life product with a critical illness rider.

Timetric: Nascent InsurTech market yet to radically disrupt insurers

The high cost of going alone means the majority of insurance start-ups are seeking to partner with larger companies- or at least build effective relationships – according to Timetric’s InsurTech Start-up Landscape report.