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David Burt, the Premier of Bermuda, has said he accepts responsibility for what appears to have been a case of human error when draft regulations were being edited that resulted in the country being blacklisted by the European Union this week in what he also admitted is a “setback” for Bermuda and would mean a “challenging period” for the domicile. 14 March 2019
Insurance
Alleghany Corporation’s TransRe is shrinking its business despite rate improvements in the property/casualty (P&C) market to protect underwriting quality. 22 February 2018
Insurance
Property Claim Services, a Verisk Analytics business, has launched its global marine and energy service as its first solution outside the property-catastrophe sector. 5 April 2017
Insurance
Senior re/insurance executives are very optimistic about the personal lines business in the Middle East and North Africa (MENA) region, according to a survey. 7 March 2017
News
Ryan Specialty Group’s (RSG) Sapphire Blue and Lloyd’s Catlin Underwriting Agencies have launched a new liability insurance programme specifically designed to target small rural and specialty hospitals in the US. 17 April 2013
News
The Guy Carpenter Baden-Baden 2018 Reinsurance Symposium has raised the question of where the recent wave of mergers & acquisitions (M&A) is taking the sector. 22 October 2018
Insurance
Munich Re’s Digital Partners has entered into a long-term strategic partnership with insurtech home insurer Buzzvault, according to a Feb. 20 press release. 20 February 2018
Alternative Risk Transfer
Allianz Global Corporate & Specialty (AGCS) has appointed Paul Schiavone as global head of its alternative risk transfer (ART) business, taking over from Bill Guffey who is leaving after 15 years to pursue opportunities outside the company. 20 November 2017
Insurance
Insurance broker Lockton has named Robert Connolly as the new chairman of its US Northeast operations, succeeding Michael Calabrese who will serve as vice chairman. 21 June 2017
Insurance
Specialist commercial re/insurer International General Insurance Holdings (IGI) has introduced a legal expenses insurance product and hired former Markel, Brit expert to develop the business line. 21 June 2017
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