Articles
Insurance
Changes the International Accounting Standards Board (IASB) could make to IFRS 17 Insurance Contracts could help ensure reinsurance remains attractive as a risk mitigation tool and avoid unintended consequences such as raising barriers for new entrants, it has been claimed. 24 January 2019
Insurance
Everest Insurance has expanded the scope of its life sciences product offering to include property, commercial auto, and workers’ compensation life sciences products. 24 January 2019
Insurance
Willis Re has appointed Brian Shea, previously head of Willis Towers Watson Securities Europe, as managing director and head of strategic and financial analysis for Willis Re International. 24 January 2019
Insurance
Berkshire Hathaway Speciality Insurance (BHSI) has announced it is expanding its North American transactional liability insurance business into the UK and Europe to increase its mergers and acquisitions work in those regions. 23 January 2019
Insurance
Waypoint Underwriting Management, has obtained coverholder approval to underwrite Accident and Health (A&H) products on behalf of ArgoGlobal Syndicate 1200 at Lloyd’s. 23 January 2019
Insurance
Lockton Re, the reinsurance division of Lockton, has unveiled who its new head will be when George Carrington retires this spring. 23 January 2019
Insurance
US insurer Travelers posted record net written premiums and a big jump in profits in 2018 despite several costly catastrophes during the year. 22 January 2019
Insurance
AXA Venture Partners (AVP), the venture capital arm of insurer AXA, has raised $150 million for a new early-stage fund that will invest technology companies mainly focused on the insurance sector. 22 January 2019
Alternative Risk Transfer
Markel CATCo, which has been conducting an internal review into its loss reserves in 2017, has parted company with two of its senior executives with immediate effect after it appears it discovered evidence of an “undisclosed personal relationship” in the course of the investigation. 21 January 2019
Insurance
The board of directors of AmTrust Financial Services has approved the voluntary delisting of all six series of preferred stock and two series of subordinated notes from the New York Stock Exchange. 21 January 2019
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