Articles

Insurance

Tokio Marine names Michael Schell as new president as Burke retires

Houston-based Tokio Marine HCC has named Michael Schell as its new president following the retirement of William Burke in April 2019.   7 March 2019

Insurance

Hannover Re defies loss burden with profit jump in 2018 results, CEO Wallin ‘optimistic’ on outlook

Despite the "burden of large losses" and a "challenging market environment" Hannover Re, the fourth largest reinsurer in the world, achieved its growth and profit targets for 2018.   7 March 2019

Insurance

Tech consultancy Capco unveils US insurance practice with Genpact digital CTO

Management and technology consultancy Capco is entering the US insurance market with a new practice that will focus on property and casualty (P&C), life and retirement (L&R), reinsurance, employee benefits and distribution.   7 March 2019

Insurance

China and emerging markets will dominate insurance growth: sigma report, Swiss Re Institute

Re/insurers must invest in developing in new and emerging markets if they are to grow amid a changing world order in terms of economic growth, according to the latest sigma report from Swiss Re Institute.   7 March 2019

Insurance

Hannover Re adds Silke Sehm to executive board

Hannover Re has appointed Silke Sehm to its executive board, in addition to changes in the responsibilities for property and casualty reinsurance.   7 March 2019

Insurance

Aon-Willis tie would be bad news for jobs and buyers in wake of Marsh-JLT deal

A merger between Aon and Willis Towers Watson (WTW) would mean more “job carnage” be bad news for buyers but could mean opportunities for smaller brokers, according to sources in the London Market.   6 March 2019

Insurance

Insurtech ChainThat to launch blockchain-powered risk & capital exchange on Bermuda

Insurtech ChainThat, a provider of blockchain solutions for the re/insurance industry, is planning to launch the industry's first Distributed Ledger Technology (DLT) driven risk and capital exchange in Bermuda.   6 March 2019

Insurance

Lloyd’s Brussels granted Monaco re/insurance licence for Brexit; appoints Rochefoucauld

Lloyd’s Brussels, the new Brexit subsidiary of London-centred specialist re/insurance market Lloyd’s, has received authorisation to underwrite insurance and reinsurance risks located in Monaco.   6 March 2019

Insurance

Sirius-backed workers’ comp insurtech Pie Insurance secures $45m Series B funding

US insurtech start-up Pie Insurance has secured $45 million in Series B funding round led by SVB Capital, Sirius Group, Greycroft, Moxley Holdings, Aspect Ventures, and Elefund.   6 March 2019

Insurance

Orchid Insurance secures Joe Zuk as managing director

Orchid Insurance has hired Joe Zuk as managing director of it Corporate Development and Strategy team, a new role in the company.   5 March 2019

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