Articles

Alternative Risk Transfer

SCOR acquires asset manager Coriolis Capital to expand ILS arm; takes AUM to $2.1bn

French reinsurer SCOR’s portfolio management company is acquiring 100 percent of the capital of insurance-linked securities (ILS) fund manager Coriolis Capital, in a move aimed at expanding its capacity on the ILS market, reaching an aggregate sum of $2.1 billion of assets under management (AUM) and operating in both Paris and London.   23 May 2019

Insurance

Aon, CNA, Everest Re and Hartford among 15 new members joining blockchain consortium

Seven insurance firms have joined the property and casualty sector of The Institutes RiskStream Collaborative, an organisation testing blockchain-based applications, including a proof of insurance, and a first notice of loss data-sharing process.   22 May 2019

Insurance

Safe Auto Insurance Group files for $50m IPO

US personal auto insurer Safe Auto Insurance Group has filed for an initial public offering (IPO) of its common shares to raise up to $50 million.   21 May 2019

Insurance

Insurance brokers fear for their future in uncertain times: report

Insurance brokers are worried about the future of their business amidst all the technological advancements and changing re/insurance landscape, suggests a new report by the Society of Insurance Broking (SIB).   16 May 2019

Insurance

Globe Underwriting appoints North American property head from WSG Specialty

Globe Underwriting, a UK based managing general agent (MGA), has hired Jennifer Mackay as head of North America property division.   16 May 2019

Insurance

PartnerRe unveils wearable technology pilot with digital health platform dacadoo

Bermuda-based reinsurer PartnerRe has launched a wearable technology pilot project in partnership with digital health platform dacadoo.   16 May 2019

Insurance

QBE overhauls traditional claims model using data-driven solution

Re/insurer QBE has created a new data-driven solution to transform its legacy property claims process by automating non-complex claims, improving and speeding up the recovery process.   16 May 2019

Insurance

Gallagher promotes construction specialist Fatt to managing partner

Broker Gallagher has promoted Stuart Fatt to the role of managing partner construction, reporting into the newly-appointed CEO of UK Specialty & Wholesale, John Thompson.   16 May 2019

Insurance

Aon, Guy Carpenter partner on blockchain initiative to streamline reinsurance placement

Brokers Aon and Guy Carpenter have teamed up with The Institutes RiskStream Collaborative to streamline the reinsurance placement process using distributed ledger technology (DLT).   16 May 2019

Insurance

THB picks JLT duo to build 'finest' binding authority team

Specialist re/insurance broker THB Group has made two senior hires from Jardine Lloyd Thompson Group to further strengthen its binding authority business.   16 May 2019

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