InsurTech Magazine - July 2021

Page 12

GLOBAL NEWS

1

USA

Bloomberg Intelligence (BI) A new report from Bloomberg Intelligence has calculated that large life reinsurers have been hit by US$4.4bn worth of claims in 2021. A spike in mortality rates in Q1 is the root cause of loss, with the US hit hardest and the UK and Canada trailing behind.

2

BERLIN

wefox makes every employee a shareholder Europe’s biggest and fastest growing insurtech, wefox made every employee a shareholder to thank them for their hard work in the expansion of the company. The move followed a record $650m funding round.

12

July 2021


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InsurTech Magazine - July 2021 by insurtechdigital - Issuu