Articles
Insurance
Insurance investment company BP Marsh & Partners has acquired 36 percent equity stake in Sydney-based Agri Services Company for an initial cash consideration of AU$1.47 million (£817,000), and further consideration of up to AU$1.13 million (£628,000) may become payable. 16 July 2019
Insurance
Moody’s Investors Service has warned that the Ogden discount rate of minus 0.25 percent, revealed today by the UK’s Lord Chancellor, will mean a “one-off hit to earnings” for reinsurers that have been working to expectations of a new rate between zero and 1 percent. 15 July 2019
Insurance
Stephen Catlin and Paul Brand's newly launched specialty re/insurer Convex Group has partnered with UK-based insurtech Cytora to develop artificial intelligence-powered solutions for the commercial insurance industry. 15 July 2019
Insurance
Bermuda-based Everest Re Group, has appointed Joshila Tailor as the global head of fine art and specie for Everest Insurance International, which includes Everest Insurance Ireland and Lloyd’s Syndicate 2786. 15 July 2019
Insurance
Mercer, a wholly-owned subsidiary of Marsh & McLennan Companies, has entered into a five-year partnership with longevity analytics firm Club Vita. 15 July 2019
Alternative Risk Transfer
Corporate social responsibility has changed aspects of the risk transfer industry over time, but it is now becoming more important than ever for re/insurers to understand its wider consequences, Laurent Montador of CCR tells Intelligent Insurer. 15 July 2019
Insurance
Parametric insurance and smart contracts technology could help insurers increase efficiency and improve customer experience, finds new reports by insurance and reinsurance marketplace Lloyd’s of London. 15 July 2019
Insurance
Now seems to be a great time to be running an MGA – but are there downsides? And what is the future for the sector? We asked five MGAs some questions around their confidence, concerns and goals—and their opinions on technology in our virtual roundtable. 12 July 2019
Insurance
The Association of British Insurers (ABI) has appointed Allianz Insurance chief executive Jon Dye as its new chairman, replacing Amanda Blanc who resigned last week. 12 July 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has named Michael Chang, Graham Evans and Christopher Sparro to co-lead its commercial property and casualty (SI Commercial P&C) insurance business. 11 July 2019
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