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Alternative Risk Transfer
A Chinese insurer focused on business being retroceded from the Lloyd’s of London market has been formed on Guernsey – the first formation of its kind. 23 November 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has promoted Andrew Beechey to the new role of head of underwriting and strategic development for global financial risks. 22 November 2017
Insurance
Starr Companies has entered an agreement with Smartt MGA to act as agent for Starr International (Europe) to provide automated quotes and policy documentation for light general aviation business. 21 November 2017
Insurance
MS Amlin has recorded ¥87.4 billion ($780 million) in nat cat losses including hurricanes Harvey, Irma and Maria as well as earthquakes in Mexico. 20 November 2017
Insurance
Claes Lindh has decided to step down after more than 10 years at marine insurance provider Skuld. 20 November 2017
Insurance
Lloyd’s is testing the business impact of implementing a new smart data analytics platform for managing an insured vessel fleet in cooperation with data provider Windward. 20 November 2017
Insurance
Pay-as-you go insurance provider Zego has raised £6 million in series A funding from Balderton Capital, as the startup gets ready to launch new products for flexible workers employed in the sharing economy. 20 November 2017
Insurance
Ascot has revised its 2018 business plan to anticipate an increase in gross written premium of 23 percent against its original 2018 Plan – because of expected rate increases following heavy cat losses in the third quarter of this year. 15 November 2017
Insurance
Property/casualty insurance technology provider Xceedance has made a multi-million dollar Series A equity investment in London-based blockchain specialist ChainThat. 15 November 2017
Insurance
Liberty Specialty Markets (LSM), a part of Liberty Mutual Insurance, has launched a new project finance insurance offering as part of its global financial risks (GFR) product range. 15 November 2017
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