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Insurance
R&Q completes $46.5m loss portfolio transfer
Randall & Quilter Investment Holdings has written a loss portfolio transfer reinsurance contract to assume a bonds portfolio issued by an undisclosed Fortune 500 Insurance Group.   19 June 2017
News
Australian Reinsurance Pool names new chair
The Australian government has appointed Ian Carson and Karen Payne to the Australian Reinsurance Pool Corporation (ARPC).   19 June 2017
Insurance
Charles Taylor appoints non-executive director
Lloyd's managing agent Charles Taylor has appointed Tamer Ozmen as a non-executive director of the company. He will join the audit, remuneration and nominations committees.   19 June 2017
Insurance
New alliance to drive blockchain use in insurance broker market
Blockchain technology company Bitfury Group and risk and insurance advisory firm Risk Cooperative have entered into a strategic partnership to drive blockchain applications in the $60 billion insurance intermediation market.   19 June 2017
Insurance
Zurich private clients head joins Munich Re-backed MGA UK General
Former Zurich executive Matthew Schofield has joined the senior management team of UK General Insurance as chief commercial officer, reporting to CEO Karen Beales.   19 June 2017
Insurance
SCOR enters US medical reinsurance market
SCOR Global Life, the international life and health subsidiary of French reinsurer SCOR, has entered the US medical reinsurance market, offering a portfolio of customised solutions to manage medical risk and complex claims.   16 June 2017
Insurance
Admiral breached new FCA renewal rules
Motor insurer Admiral included inaccurate premium amounts in renewal documents issued to some customers, breaching new Financial Conduct Authority (FCA) rules.   16 June 2017
Insurance
AIG partners with IBM in blockchain venture
Insurance giant American International Group (AIG) has partnered with technology firm IBM to develop a "smart" insurance policy that uses blockchain to manage complex international coverage, Reuters reported on June 14.   15 June 2017
News
S&P puts SCOR's Brazilian operations on 'CreditWatch Negative'
S&P Global Ratings placed its 'BBB+' financial strength rating on Brazil-based reinsurer SCOR Brasil Resseguros on CreditWatch with negative implications.   30 May 2017
Insurance
Indian regulator forms reinsurance expert committee
The Insurance Regulatory and Development Authority of India (IRDAI) has formed a reinsurance expert committee to review the current regulatory framework for the market.   9 May 2017

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