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XL Catlin has started trading on the London Market’s electronic placement platform PPL, becoming the first insurer to bind a political risk policy. 23 April 2018
Insurance
Singapore is a thriving risk transfer hub for the Asian region, with buyers preferring to execute locally where possible. Beazley, which opened an office in the country some 12 years ago, is prospering on the back of this—especially where it can target specialty lines and offer something different. 22 April 2018
Insurance
Re/insurance broker Miller has expanded its credit and political risks unit with the hiring of Marsh and RKH Specialty executives, Oscar Moseley and Rosie Denee, in London. 20 April 2018
Insurance
Blocksure has developed a revolutionary insurance operating system covering sales, administration, and claims and built on blockchain technology, as chief executive Ranvir Saggu explains to Intelligent Insurer. 19 April 2018
Insurance
Italian insurer Generali is selling its entire stake in its Belgium-based subsidiary, primarily focused on the life segment, for a cash consideration of €540 million. 19 April 2018
Alternative Risk Transfer
Arch Capital Group’s US mortgage insurance operation Arch Mortgage Insurance Company (Arch MI) secured $374,460,000 of indemnity reinsurance from Bellemeade Re 2018-1, a special purpose insurer. 19 April 2018
Insurance
AXIS Re, the reinsurance arm of Bermuda-based AXIS Capital Holdings, has appointed AIG's Megan Thomas as chief underwriting officer, responsible for product and portfolio management within AXIS Re. 18 April 2018
Insurance
AXIS Capital is among the top five players in cyber globally by premium written, and the Bermuda-based insurer has appetite for more and plans to grow faster than the market in the coming years, as Dan Trueman, chief innovation officer and cyber unit head, tells Intelligent Insurer. 18 April 2018
Insurance
Airline premium and rates ended 2017 higher than the preceding year for the first time in a decade and the underlying conditions continue to support higher premium and rates in 2018, says David Godley, founder partner of Altitude Risk Partners, a specialist aviation and space underwriting agency. 18 April 2018
Insurance
A reduction in UK motor insurance premiums is underway as insurers anticipate reforms to curb whiplash claims and reduce lump-sum payments for long-term care costs and lost earnings, according to Fitch Ratings. 18 April 2018
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