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Insurance
Chubb hires general counsel from RAA for new legal role
Property/casualty insurer Chubb has appointed Tracey Laws as senior vice president, general counsel, global government and industry affairs.   11 December 2017
S&P Global Ratings roundtable: insurtech’s effects become clearer
Insurance
S&P Global Ratings roundtable: insurtech’s effects become clearer
New products based on technology and data are increasingly being brought to market, while claims processes are being sped up through technologies such as blockchain, freeing up capabilities for new services, according to panellists at an Intelligent Insurer roundtable sponsored by S&P Global Ratings at October’s Baden-Baden Reinsurance Meeting.   10 December 2017
Insurance
Swiss Re CFO steps down, successor appointed
Swiss Re chief financial officer David Cole is set to step down on March 31, 2018, and will be succeeded by John Dacey, currently group chief strategy officer.   8 December 2017
Insurance
Trust Re leads underwriting facility for Middle East renewable energy
Renewable energy insurer GCube Underwriting has secured a new underwriting facility for the Middle Eastern clean energy markets led by Bahrain-based reinsurer Trust Re.   7 December 2017
Insurance
Munich Re-backed insurtech Wrisk receives FCA authorisation
App-based insurtech managing general agent (MGA) Wrisk has received full authorisation from the Financial Conduct Authority (FCA).   6 December 2017
Insurance
Swiss Re reveals £650m life acquisition
Swiss Re is acquiring 1.1 million life insurance policies from UK financial service provider Legal & General Group for £650 million.   6 December 2017
Insurance
Reinsurers face $1bn Harvey claim from FEMA
The US Federal Emergency Management Agency (FEMA) is submitting a claim to recover the full $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program.   6 December 2017
Insurance
Asta bolsters its Lloyd’s managing agency board
Asta, a third party managing agent at Lloyd’s, has appointed its chief actuary Richard Barke to serve on its Lloyd’s managing agency board, subject to regulatory approval.   6 December 2017
Insurance
Wildfires rage across Southern California
A flurry of wildfires torched more than 65,000 acres in Southern California and are likely to have destroyed hundreds of buildings, according to news reports.   6 December 2017
Insurance
QBE partners with AI startup
Australia’s QBE Insurance Group has partnered with London-based artificial intelligence startup Cytora.   6 December 2017

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