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Insurtech home insurer Buzzvault, which is backed by White Mountains Insurance Group and reinsurer Munich Re, has opened for business in London. 10 December 2018
Insurance
Bermuda-based Qatar Reinsurance Company (Qatar Re), a subsidiary of Qatar Insurance Company (QIC), has ceased writing new and renewal business from its branch office in Singapore from July 20. 23 July 2018
Insurance
Specialty re/insurer Brit has appointed Tony Medniuk as non-executive chairman of its Lloyd’s managing agent Brit Syndicates, which is responsible for managing Syndicates 2987 and 2988. 23 July 2018
Insurance
Capsicum Delegated Authority (Capsicum DA), a specialist binding authority broker, has hired David Doe from Lloyd's broker Tysers to establish a new professional liability specialism. 23 July 2018
Insurance
The US arm of Italian insurer Generali Group has launched a new specialty insurance division focused on warranty services and solutions. 19 September 2019
Insurance
Property/casualty (P&C) insurance sector reserve deficiency deteriorated to $4.3 billion in 2017 from $2.5 billion in 2016, according to Morgan Stanley research. 10 April 2018
Insurance
US-based property/casualty insurer The Hartford has appointed Carlos Dominguez to its board of directors, as the company accelerates its digital strategy and investments in technology. 22 December 2017
Insurance
The internet has created a trust vacuum and by replacing outmoded and insecure centralized networks with distributed blockchain solutions insurers can reinstate control over private data, says risk academic and former CEO of Aon Benfield Analytics, Stephen Mildenhall. 19 July 2018
Alternative Risk Transfer
Reinsurance Group of America (RGA) has completed an asset and longevity risk transaction with Liverpool Victoria Friendly Society (LV=) where it will reinsure approximately £900 million in individual annuity business. 19 December 2017
Insurance
China’s insurance regulator plans to restrict the business of insurers which have a low rating for asset liability management, Reuters reported Dec. 17 citing Xinhua news agency. 18 December 2017
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