Articles

Insurance

Lloyd’s syndicates partner with Lab’s insurtech Parsyl for marine cargo

Lloyd’s and six market syndicates will begin using Parsyl, a supply chain data startup, to better manage risk for temperature sensitive classes of business.   17 December 2018

Insurance

Swiss Re appoints ReAssure CEO pre-IPO

Swiss Re has appointed Mark Hodges as new CEO of ReAssure as part of the preparation towards a potential initial public offering (IPO) of the business.   17 December 2018

Insurance

JLT Re partners with insurtech firm for digital product

JLT Re (North America) has partnered with Pact Insurance, a personal auto insurtech company, to create a digital insurance solution to cover established and emerging mobility risks.   17 December 2018

Insurance

Zurich sells $2bn portfolio to Catalina

Zurich Insurance Group has agreed to sell its pre-2007 UK legacy employers’ liability policies portfolio to Bermuda-based specialist acquirer of legacy insurance portfolios Catalina Holdings.   17 December 2018

Insurance

Munich Re appoints CEO for commercial insurance North America

Munich Reinsurance America has appointed Michael Kerner as CEO for Munich Re Specialty Insurance, a new commercial insurance unit in North America.   17 December 2018

Insurance

Europe insurance stress test shows ‘high’ nat cat resilience: EIOPA

European insurers showed “high resilience” to a series of natural catastrophes where European countries are hit in a quick succession of four windstorms, two floods, and two earthquakes, according to the European Insurance and Occupational Pensions Authority (EIOPA).   17 December 2018

Insurance

W.R. Berkley invests in AI firm Pypestream

Property/casualty insurer W.R. Berkley Corporation has led a more than $15 million investment round in artificial intelligence (AI) solutions startup Pypestream.   17 December 2018

Insurance

BMS expands Bermuda operation with Price Forbes, JLT hires

Re/insurance broker BMS Group is building out its Bermuda market operation with the hiring of George Bowring from Price Forbes and Kian Wookey from JLT.   17 December 2018

Insurance

GRP promotes Bruce to group MD

Broking firm Global Risk Partners (GRP) has appointed Mike Bruce to the newly created role of group managing director.   17 December 2018

Insurance

AXIS extends CEO Benchimol's contract to 2023

Bermuda-based re/insurer AXIS Capital Holdings has extended the contract of president and CEO Albert Benchimol until Dec. 31, 2023.   12 December 2018

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