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Bermuda-based RenaissanceRe (RenRe) has appointed Duncan Hennes and Valerie Rahmani to serve as independent directors. 3 August 2017
Insurance
The founders of the Blockchain Insurance Industry Initiative (B3i) have launched B3i Services in Zurich, Switzerland. 26 March 2018
Insurance
Specialist insurer Hiscox UK and Ireland has appointed Robert Hannigan, a former director of intelligence and security agency GCHQ, as special advisor on cyber security. 20 September 2017
Insurance
Cyber insurance brings opportunities for business growth and diversification for some insurers, but could be a credit negative for others given the potential to generate larger future losses, according to Fitch Ratings. 7 February 2018
Insurance
AM Best has placed the financial strength rating and the long-term issuer credit ratings (ICRs) for Maiden Reinsurance, and its affiliate Maiden Reinsurance North America under review with negative implications following the announcement that the renewal rights for its US diversified business were being sold to TransRe. 31 August 2018
Insurance
Broker Willis Towers Watson has appointed Thomas Zacharopoulos as Midwest leader for its Financial Institutions Industry group. 9 May 2017
Insurance
Non-life and life insurer Tokio Marine Holdings grew net income attributable to owners of the parent by 26.1 percent to ¥ 228.1 billion yen ($2.01 billion) in the nine months ended December 2016 compared to the same period a year ago. 14 February 2017
Insurance
Bermuda-based Ironshore Specialty Casualty has launched a new oil and gas facility offering liability coverages for on-shore middle market energy classes in the US, with annual revenues between $5 million and $200 million. 14 February 2017
Insurance
The venture-backed full-stack US insurtech startups continued to show rapid premium growth in the second quarter of 2018 with moderately lower underwriting losses but they have yet to generate a sustainable loss ratio under 100 percent, according to “The Second Quarter in InsurTech Start-up Financials” by Matteo Carbone. 29 August 2018
Insurance
Rating agency AM Best has revised the Issuer Credit Rating (ICR) Outlook to Stable for Aspen Insurance Holdings and its subsidiaries. 18 December 2017
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