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Estera, a global provider of corporate, funds and trust services, has launched legal services in Bermuda and the Cayman Islands. Estera’s legal services will cover a number of practice areas such as corporate and commercial, regulatory, insurance and investment funds. 15 October 2019
Insurance
Modest core underwriting margin expansion is expected in the domestic P&C insurance industry according to Keefe, Bruyette & Woods (KBW) analysts’ newly released 2Q19 P&C Industry Results report. They have updated their domestic P&C insurance industry earnings model with ISO’s recently published 2Q19 results. 15 October 2019
Insurance
Peter Welton has been promoted to UK Head of Energy for AXA XL Insurance. In his new role, he is responsible for developing the UK energy book and providing and designing innovative insurance and flexible solutions for energy clients. He will lead a team of underwriters in London. 15 October 2019
Insurance
Shares in BP Marsh rose 6% after the specialist investor in financial services intermediary businesses, including insurance firms, reported robust results for the first half of the year. 15 October 2019
Insurance
Industrial insurer HDI Global and Schneider Electric are to collaborate on the digital transformation of industrial insurance through data. 15 October 2019
Technology
The launch of blockchain insurance startup B3i’s Cat XoL product is opening the door for the re/insurance industry to embrace distributed ledger technology. B3i’s chief marketing officer Ken Marke outlines its aims. 14 October 2019
Insurance
The Iranian oil tanker 'Sinopa' being damaged, by what Iranian media said was a rocket attack, will drive war risk insurance rates for vessels in the Middle East. 14 October 2019
Insurance
Global insurance broker, risk management services and consulting firm Gallagher has extended its investment in Scandinavia by acquiring specialist Swedish broker Proinova. 14 October 2019
Insurance
Global alternative investment firm Värde Partners and insurance solutions provider Agam Capital have formed a life and retirement solutions joint venture that will combine the investment management expertise of Värde Partners with the proprietary insurance solutions platform developed by Agam. 14 October 2019
News
PartnerRe has revealed that Nicolas Burnet will succeed Mario Bonaccorso as executive vice president and chief financial officer when he retires on March 31, 2020. 11 October 2019
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