Articles
Insurance
Property/casualty insurer Chubb is the latest major insurer to stop underwriting and investing in coal-related policies amid rising climate concerns. 2 July 2019
Alternative Risk Transfer
US insurer Liberty Mutual has renewed its Bermuda domiciled reinsurance sidecar Limestone Re at approximately $240 million, an overall lower target size than last year's $278 million due to a "revised portfolio composition". 2 July 2019
Insurance
Cayman Islands-based reinsurer Greenlight Capital Re has made a strategic investment in travel medical insurance managing general agent Battleface. 2 July 2019
Insurance
Alleghany Corporation has appointed Jack Sennott as chairman, chief executive officer and president of its wholly-owned subsidiary CapSpecialty, an underwriter of commercial property, casualty and surety insurance coverages. 2 July 2019
Insurance
Re/insurance broker Miller has hired broker/producer Simon Neale to further grow its global energy facultative reinsurance offering. 2 July 2019
Insurance
Specialist insurer Markel International has launched a new cyber policy that claims to provide insureds with all round protection against cyber risks - before, during and after a cyber attack. 2 July 2019
Insurance
Fourth fifths (80 percent) of carriers expect to increase MGA capacity in 2019, according to a survey of more than 100 insurers and MGAs conducted by global law firm Clyde & Co. 1 July 2019
Insurance
Blockchain insurance initiative B3i successfully stress tested its Property Catastrophe Excess of Loss Reinsurance application recently with a hackathon in Zurich, Switzerland. 1 July 2019
Insurance
Parent company Nest Investments Holdings (Nest) will pay $130 million replacement funds to Bahrain-based re/insurer Trust International Insurance & Reinsurance Company (Trust Re) this year to shore up the firm’s future after it was hit with a credit downgrade last year. 1 July 2019
Insurance
Re/insurance broker Aon has promoted five senior executives within its commercial risk solutions unit, in a move it hopes will help expand the company's broking and specialty business globally. 1 July 2019
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