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SCOR reshuffles management in P&C reorganisation move
News
As part of a reorganisation of its Global P&C operations, SCOR has revealed a number of key appointments.   5 September 2018
Lockton launches capital markets unit
Insurance
Broker Lockton has launched a new investment banking and capital markets operation in New York and has appointed Vishal Jhaveri as its CEO.   5 September 2018
Insurance
Fitch Ratings has downgraded the Insurer Financial Strength (IFS) ratings of US health insurer Cigna Corporation’s operating subsidiaries to 'A' (Strong) from 'A+'.   5 September 2018
Insurance
London-based FloodFlash, a startup that wants to offer insurance for previously uninsurable flood risk, has raised £1.9 million in seed funding from LocalGlobe, Pentech Ventures and InsurTech Gateway.   1 August 2018
News
Renaissance Re CEO Kevin O'Donnell said during the reinsurer’s second quarter 2018 earnings call that he sees “reasonable tailwind” for business.   26 July 2018
Insurance
A series of winter storms in the US have caused a total combined economic damage of around $3 billion, according to Aon Benfield estimates.   5 April 2018
News
The reinsurance industry has been disrupted through competition from alternative capital and is now seeking new pools of risk, according to a panel discussion at the 2018 Insurtech Insights June 19 and 20 conference in London.   27 June 2018
Insurance
Actuarial firm Milliman is expanding its operations in the Middle East with the launch of a new office in Tel Aviv, Israel.   26 June 2018
Insurance
There is a real opportunity to improve reinsurance processes with the use of blockchain technology, which can deliver cost savings and efficiency gains of 30 percent by taking out unnecessary reconciliation, repetitive duplication of work and waiting times.   11 September 2017
Insurance
Bermuda-based RenaissanceRe Holdings estimated the losses from the October 2017 California Wildfires will have a net negative impact of $90 million on its fourth quarter 2017 results of operations.   6 December 2017

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