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Insurance
Lloyd’s specialty re/insurer Canopius agreed to cede risks to the UK government-backed Flood Re scheme. 14 December 2017
Insurance
Countrywide has partnered with Davies Group for the provision of professional indemnity claims administration services following a competitive tender process. 14 December 2017
Insurance
Prudential Hong Kong is introducing a digital claims submission system and artificial intelligence (AI) platform. 14 December 2017
News
French reinsurer SCOR has come out relatively unscathed from the record nat cat losses in the third quarter and is expected to be in a good position to take advantage of rising rates in the impacted region. 13 December 2017
Insurance
The board of directors of Assicurazioni Generali has appointed Jaime Anchustegui Melgarejo to the new position of group chief operations & insurance officer with effect Jan. 1, 2018. 13 December 2017
Insurance
UK’s network for independent insurance brokers is extending its regional footprint with the acquisition of Lincolnshire-based Thompson & Richardson. 13 December 2017
Alternative Risk Transfer
Specialty re/insurer Brit is launching a new Bermuda-domiciled collateralised reinsurance platform, Sussex Capital, and has appointed former Axis Re CEO Jay Nichols to join its board. 13 December 2017
Insurance
Lloyd’s insurance broker Tysers has acquired the London-based commercial lines business of Cosmos Services, Hong Kong, a subsidiary of the Japanese global trading firm ITOCHU Corporation. 13 December 2017
Insurance
Former Fidelis chief financial officer, Neil McConachie is joining the board of directors of Bermuda-based Third Point Reinsurance. 13 December 2017
Insurance
Western European insurers' rating stability will depend on their ability to preserve capital and earnings, according to an S&P Global Ratings report. 13 December 2017
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