Articles

Insurance

Sedgwick names Wayne Cheng as chief operations officer for Asia

Technology-driven risk solutions provider Sedgwick has named Wayne Cheng its new chief operations officer (COO) for Asia.   17 June 2019

Insurance

Swiss Re subsidiary ReAssure confirms IPO, expects LSE listing in July

ReAssure, a subsidiary of Swiss Re, has confirmed plans to undertake its initial public offering as per its announcement on the 7 June 2019.   14 June 2019

Insurance

Legacy firm Compre signs trio of acquisitions as part of run-off deal

Re/insurance legacy specialist Compre has made three acquisitions to “consolidate a complex legacy London Market pool”, involving Basler Versicherung AG (Baloise), Helvetia Swiss Insurance Company (Helvetia), and an undisclosed European insurance group.   14 June 2019

Insurance

Aon hires Phelps in Enterprise Client Group expansion

Global professional services firm Aon has hired Richard Phelps as an Enterprise Client Group leader as part of expansion plans. He will report to Jim Herbert, co-global head of the company’s Enterprise Client Group.   14 June 2019

Insurance

Marine insurers face ‘cocktail of risk’ after Gulf of Oman tanker attacks

Attacks on two oil tankers in the Gulf of Oman on Thursday will force insurance underwriters to scrutinise voyages more closely with premium increases for vessels in the region a “near certainty”, an industry expert has said.   14 June 2019

Insurance

Brexit 'a sideshow' amid rising political risk in London market: Richard Dearlove

Ascot's non-executive chairman Richard Dearlove believes Brexit is 'a sideshow' and is likely to have a minimal impact on the London re/insurance market.   13 June 2019

Insurance

Chaucer taps TransRe A&H treaty underwriter to build London capabilities

Specialty re/insurer Chaucer has appointed Sarfraz Pivano as accident & health treaty underwriter in the reinsurance division.   13 June 2019

Insurance

Legal & General unveils first blockchain reinsurance platform using Amazon

UK insurer Legal & General Group has developed what it claims to be the "first pension risk transfer execution platform driven by blockchain technology" using Amazon Web Services (AWS).   13 June 2019

Insurance

AXIS Re hires head of Lloyd’s casualty reinsurance from Vibe

AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has hired Joe Sweeting as head of Lloyd’s casualty reinsurance.   12 June 2019

Insurance

Chubb charts rise in investor lawsuits in US and questions merit

The number of securities class action lawsuits has more than doubled in the past four years, but according to insurer Chubb, the beneficiaries of the payouts are not “harmed investors” but instead its lawyers bringing cases of “dubious merit”.   11 June 2019

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