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S&P Global Ratings has placed the 'A-' ratings of Swiss Re ReAssure (SRRAL) on Credit Watch Negative, following the announcement by its parent Swiss Re Group that it is exploring the possibility of an initial public offering (IPO) of the UK closed-book consolidator ReAssure (not rated). 8 August 2018
Alternative Risk Transfer
US insurer Liberty Mutual has secured $150 million of collateralised reinsurance capacity through its Bermuda domiciled segregated account company Limestone Re. 9 January 2019
Insurance
People's Insurance Company of China (PICC) has partnered with Shanghai-based blockchain platform VeChain and risk management firm DNV GL to create new blockchain insurance solutions aimed at bringing digital transformation to the insurance industry. 3 September 2018
Insurance
Bermuda-based AXIS Capital Holdings has hired Tony Jordan as its group chief actuary. He joins from Chubb. 3 May 2019
Insurance
The portfolio is being acquired from Argenta Bank-en Verzekeringsgroep. 22 November 2019
Insurance
Specialist insurance market Lloyd’s Asia and managing agent Antares have teamed up with the Intellectual Property Office of Singapore (IPOS) to launch an initiative to support innovative enterprises as they enter global markets. 17 June 2019
Reinsurance
The reinsurance industry is tending to split into two: some players will offer increasingly commoditised products against a backdrop of fierce price competition while others will invest in expertise and devise more complex, tailor-made solutions, says New Re’s chief executive. 1 September 2013
Insurance
US property/casualty insurer Travelers Companies' chief financial officer (CFO) Jay Benet, who has held the position since 2002, is stepping down and will be succeeded by Daniel Frey. 8 August 2018
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has launched its transactional liability insurance offering in Asia and the Middle East (AME) under the leadership of a new senior hire from Pembroke. 8 April 2019
Insurance
Specialist re/insurance broker THB Group has appointed Kay Smith as group chief financial officer, replacing Rob Wilkinson, who will become commercial director. 21 February 2019
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