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Alternative Risk Transfer
The UK’s economic secretary to the Treasury, Simon Barclay said that the regulation to introduce insurance linked securities (ILS) in the UK will be laid in Parliament before the summer recess and may be in force in autumn.   27 June 2017
Insurance
Bermuda-based property/casualty re/insurer Sompo International has launched a new accident and health (A&H) insurance unit.   27 June 2017
Zurich appoints new head of Oak Underwriting following takeover
Insurance
Zurich Insurance Group has appointed Mark Peters as the new head of Oak Underwriting, a UK-based high net-worth insurance specialist, which it acquired from RSA Insurance.   3 July 2018
Insurance
Canada-based life insurer Sun Life Financial is in “a strong capital position” to pursue merger and acquisition (M&A) opportunities, CEO Dean Connor told AM Best.   3 July 2018
Insurance
The US property/casualty industry’s net underwriting income improved in the first half of 2018 to $5.3 billion, compared with a $5.0 billion underwriting loss in the same prior-year period, according to data by AM Best.   24 August 2018
Technology
Commercial insurers are looking beyond postcodes and ‘COPE’ criteria to the huge potential of data supersets as they push for better underwriting and market advantage. Intelligent Insurer spoke to Simon Perry at Precisely to find out more.   30 June 2020
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Andrew Pedler to the newly created role of claims manager – client relationships.   4 June 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has unveiled plans for Lloyd’s insurer Novae’s Zurich-based credit and surety reinsurance team to transfer to LSM.   11 September 2015
Insurance
The boss of US re/insurer Navigators believes the company will go from strength to strength under the ownership of The Hartford—especially in its international operations and its reinsurance unit—as it rolls out a wider range of products and is backed by an even bigger balance sheet.   30 October 2018
Insurance
US-based property/casualty insurer Travelers has teamed up with Amazon to offer smart home solutions through a digital storefront on the electronic commerce giant.   10 October 2018

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