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Insurance
New York-based Mutual insurer of US municipal bonds Build America Mutual (BAM) is expanding its claims-paying resources by $100 million through a collateralized reinsurance agreement with Fidus Re, a special-purpose insurer created solely to provide collateralized reinsurance protection to BAM. 17 April 2018
Insurance
Standard Life Aberdeen is selling its insurance business to UK-based insurance services provider Phoenix Group for a total consideration of £3.24 billion. 23 February 2018
Insurance
CRESTA has updated all 4,901 low-resolution and 242,172 high-resolution CRESTA zones for the 137 countries it covers, following consultation with the industry. 21 October 2019
Insurance
Lloyd’s Asia has signed a memorandum of understanding (MoU) with the Intellectual Property Office of Singapore (IPOS) to expand the portfolio for intellectual property (IP) insurance products. 5 September 2018
Insurance
Risk Strategies Company, a privately broker and risk management firm, has acquired Benefits Network Insurance Agency (BNIA), a specialist broker focused on the development of employee benefits plans. 25 January 2018
Insurance
But the broker expects the renewal season to start earlier and be a very measured process. 16 September 2020
Alternative Risk Transfer
Growth in the insurance-linked securities (ILS) market has slowed for the second quarter in a row, according to the Willis Re ILS Market Update. 7 May 2019
Insurance
Specialty re/insurer MS Amlin has confirmed that its group general counsel, Bob Robinson, will be leaving the company later this year after eleven years in the role. 22 January 2018
Insurance
Independent Lloyd's broker AFL has further expanded its wholesale property team with the appointment of re/insurance executives from JLT Re and Alston Gayler. 14 February 2018
Insurance
Lloyd’s of London has pledged to change its ways dramatically after a survey found that nearly 500 workers had witnessed sexual harassment in the space of a year. 24 September 2019
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