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Insurance
Barbican Insurance Group has launched an underwriting workflow system with enhanced automation to improve operational efficiencies and analytical capabilities across all stages of the underwriting cycle. 8 September 2016
News
The partnership between TransRe and Gen Re that will see the former help the latter access the broker markets in the US has been an “unqualified success” the CEO of TransRe’s parent company has stated in relation to the reinsurer’s second quarter results. 4 August 2017
Insurance
Property/casualty insurer Chubb has made two senior management appointments in Europe, in its global accounts division. Suresh Krishnan and Tina Lakickas will assume their new roles from March. 23 February 2017
Insurance
The US National Flood Insurance Program’s (NFIP’s) reinsurance purchase in 2017, in which many European reinsurers participated, represented a good deal for the US government and it should look to purchase more limit in 2018. 23 October 2017
Alternative Risk Transfer
Fannie Mae, the US government-backed financial institution that provides liquidity to the US mortgage markets by buying mortgages from lenders, has transferred another chunk of risk to the reinsurance markets – this time with different parameters to previous deals offering reinsurers diversification. 21 November 2016
Insurance
Arthur J. Gallagher, the international division of Arthur J. Gallagher & Co, has unveiled a simplified operating structure. 12 May 2015
Insurance
Chubb has launched a new range of marine insurance products in China. 5 September 2016
Insurance
Increasing premium limits, reporting requirements, ownership restrictions, and increased scrutiny from the Internal Revenue Service (IRS) has made prospective captive owners more cautious about forming 831(b) captives. 8 August 2017
Insurance
The increasing number of captive domiciles in the US – with around 40 states now adopting some form of legislation – is good for the industry, giving prospective captive owners more choice and keeping the older domiciles such as Vermont, South Carolina and Hawaii on their toes. 8 August 2017
News
Reinsurance broker JLT Re has made a number of appointments into its programmes and binding authority division in response to client demand. 23 July 2015
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