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The shareholders of reinsurer SCOR have rejected the resolution proposed by its activist investor CIAM that suggested its CEO Denis Kessler be removed from the company's board of directors, calling it a "destabilisation attempt" at its annual general meeting (AGM) on April 26. 26 April 2019
Insurance
SCOR has enjoyed a “strong start” to 2019 according to Denis Kessler chairman and CEO as he unveiled the re/insurer’s Q1 results ahead of its annual general meeting today. 26 April 2019
Insurance
Broker Marsh is launching its proof of insurance blockchain platform, developed in collaboration with IBM, ACORD and ISN, for its US commercial clients. 26 April 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has made two promotions within its specialty binders team in London. 26 April 2019
Insurance
US insurance sector deal value dropped in the first quarter of 2019 compared with the same three months in 2018, research from PWC revealed, despite a “surge” in the number of M&As among property and casualty companies. 25 April 2019
Insurance
Analysis of the solvency regimes in China and Japan suggests that both countries will benefit from developments that make them more transparent, a report from Moody’s has said. 25 April 2019
Insurance
Specialist insurer Markel International has appointed Lee Zong Wen as assistant underwriter in its trade credit and political risk team in Singapore. 25 April 2019
Insurance
Fitch Ratings has placed Sirius International Group's ratings on Rating Watch Negative, driven by a "deepening debt and liquidity crisis" at China Minsheng Investment Group Corp (CMIG), which owns approximately 80 percent of Sirius's common shares on a fully diluted economic basis. 25 April 2019
Insurance
Specialist re/insurance provider Pro Global Insurance Solutions is acquiring Vibe MGA Management, the MGA incubator business of Vibe UK, which owns Lloyd’s managing agent Vibe Syndicate Management. 25 April 2019
Insurance
Argo Seguros, the Brazilian underwriter of specialty insurance and reinsurance products and a member of Argo Group, has appointed Newton Queiroz as its new CEO. 25 April 2019
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