News

Insurance

MGAs are ‘incubators of innovation’, says Lloyd’s CEO John Neal at MGAA 2019 conference

MGAs are the “incubators of innovation”, said John Neal, CEO of Lloyd’s, speaking at the MGAA 2019 conference, as he told delegates that MGAs and coverholders “represent an important and fast growing channel for Lloyd’s”.   3 July 2019

Insurance

Lloyd's updates electronic placement mandate as insurers 'exceed targets'

Lloyd’s of London has outlined a set of updated targets for its electronic placement mandate for the remainder of 2019 following "impressive adoption" across the specialist re/insurance market.   3 July 2019

Insurance

TransRe re-domiciles Zurich subsidiary to Luxembourg

TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, has re-domiciled its Zurich subsidiary to Luxembourg and has renamed it as TransRe Europe.   3 July 2019

Insurance

Blanc resigns as CEO EMEA of Zurich and chair of ABI after less than a year

Zurich Insurance Group’s CEO Europe, Middle East & Africa (EMEA) Amanda Blanc has resigned with immediate effect. She joined the group in October 2018 from AXA.   3 July 2019

Insurance

Randall & Quilter signs $113m US loss portfolio transfer deal

Insurance services and investment company Randall & Quilter Investment Holdings has signed a loss portfolio transfer agreement with two of the largest joint powers authorities in California providing property and general liability cover.   3 July 2019

Insurance

Chubb to stop insuring, investing in coal amid climate concerns

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

Insurance

B3i runs hackathon stress test with brokers, insurers and reinsurers

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

Singapore Life secures $90m investment from Japan's Sumitomo Life to 'reshape' financial industry

Japanese insurer Sumitomo Life Insurance Company has made a $90 million investment in Singapore Life and acquired approximately 25 percent of the total issued and outstanding shares in the company.   1 July 2019

Insurance

Swiss Re Corporate Solutions appoints Nigon as head of engineering & construction Asia Pacific

Swiss Re Corporate Solutions has appointed Patrice Nigon as head engineering & construction (E&C) Asia Pacific (APAC), succeeding Andre Martin, who became head of innovative risk solutions APAC.   28 June 2019

Insurance

TigerRisk brings JLT Re duo to lead binding authority business

Reinsurance broking and risk/capital management firm TigerRisk Partners has hired JLT Re's Neill Cotton and Mark Sleet as partners to lead the company's binding authority and programme businesses.   27 June 2019

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.