Insurtech weekly: Travelers; Axa Gulf; EverQuote; Kover.ai

InsuranceERM rounds up the latest developments in the fast-moving world of insurtech


US set for flood of variable annuity exits

More capital and greater desire to sell VA blocks than ever before, says PwC


IFoA elects first Asian president

Former Prudential Asia MD Tan Suee Chieh will lead the actuarial body from 2020


California fires to "severely test" risk tolerances

A.M. Best warns forest fires will hit profits and cause re-evaluation of underwriting


CBI insurance chief sets out conditions for Brexit moves to Ireland

"Heart and mind" of the insurer must move, not just token office


Board governance the focus in Enterprise failure investigation

The Gibraltar regulator believes it may have been "consistently misled" by Enterprise's board on its solvency. Peter Taylor, its director of legal enforcement, speaks to Callum Tanner about the ongoing probe


Ex-Enterprise directors could face two years in prison

Gibraltar regulator considering criminal proceedings, but has limited power to fine


CBI defends capital increase at Irish insurers

Increased capital at non-life insurers by €615m between 2013 and 2015


Gibraltar attempted recovery of Enterprise before resolution

Regulator gave firm one year to meet solvency capital requirement


AIG investor urges breakup to evade Sifi tag

US insurance group is 'too big to succeed' says Carl Icahn