Articles
Insurance
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
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
The UK's Minister of State for Security Ben Wallace has unveiled a new initiative in partnership with the terrorism mutual reinsurer Pool Re to help improve business continuity and resilience in the event of a terrorist attack. 7 March 2019
Insurance
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
Re/insurance broker Aon has said it will not buy Willis Towers Watson. Its announcement comes within 24 hours of it revealing it was exploring a possible deal with the world’s third biggest broker. 6 March 2019
Insurance
Re/insurance broker Aon’s shock revelation yesterday (Tuesday March 5) that it was mulling a takeover of Willis Towers Watson (WTW) is a result of its hand being forced by Marsh & McLennan’s pending takeover of Jardine Lloyd Thompson (JLT), according to sources close to the company. 6 March 2019
Insurance
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
Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has hired Navigators' Ayesha West to join its cyber insurance group as a vice president. 6 March 2019
Insurance
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
Aon has partnered with insurtech firm Skytek to monitor insurers’ marine risks and identify areas that require enhanced underwriting and reinsurance in real time.The development was driven by the rise of major container ports and mega ships, which expose re/insurers to risk accumulation during a catastrophe. To manage this risk monitoring vessel movements and estimating cargo accumulation has become critical for insurers. 5 March 2019
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