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Insurance
There is a real opportunity to improve reinsurance processes with the use of blockchain technology, which can deliver cost savings and efficiency gains of 30 percent by taking out unnecessary reconciliation, repetitive duplication of work and waiting times. 11 September 2017
Insurance
Qatar’s second largest insurer, The Qatar General Insurance & Reinsurance Company (QGIR), will distribute a 20 percent share bonus following a successful year which saw the company increase its net profit to QR 2.1 billion in 2013 compared with QR 175.5 Million in 2012. 17 March 2014
Insurance
Switzerland-based Zurich Insurance Group has entered into a definitive agreement with Catalina Insurance Ireland to transfer its German legacy medical malpractice liabilities portfolio. 8 November 2017
Insurance
Bermuda-based PartnerRe has appointed Turab Hussain to the position of chief risk and actuarial officer. 8 November 2017
Insurance
Advent Solutions, the holding company for Advent Solutions Management, has appointed Charles Earle as non-executive chairman. 16 November 2015
Insurance
Lloyd's of London has appointed The Zygos Partnership, an executive search firm specialising in finding chairmen, to assist in finding a successor to John Nelson, its current chairman. 13 June 2016
Insurance
The volume of completed mergers and acquisitions (M&A) worldwide in the insurance industry is down 24 percent from its recent high in H1 2015, according to the Clyde & Co Growth Report mid-year update. 3 August 2017
Insurance
XL Group today has further extended its support for specialist Shariah compliant managing general agency, Cobalt Underwriting, by adding fine art & specie coverage to its suite of products. 8 September 2014
Insurance
Insurance software solutions provider Fadata as acquired Munich-based insurance technology specialist IMPEO, along with its subsidiaries. 2 August 2017
Insurance
Rating agency AM Best has added nine insurers to its 2015 list of impaired insurers in its latest update on the long-term impairment rates of AM Best rated US-domiciled insurance companies. 1 December 2016
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