News
Insurance
Property/casualty insurer Travelers Europe will apply to the Central Bank of Ireland for authorisation of a new, wholly owned insurance subsidiary incorporated in the Republic of Ireland, according to a Dec. 19 statement. 19 December 2017
Reinsurance
The re/insurance industry holds high expectations for blockchain technology as an opportunity to increase efficiency of insurance processes, and the future is beginning to take shape with the launch of new platforms and products. Intelligent Insurer reports. 4 December 2018
Insurance
Bermuda-based White Mountains Insurance Group reported a "tough fourth quarter" with $141 million comprehensive loss attributable to common shareholders across its portfolio of businesses. This compares with a profit of $23 million for the same period in 2017. 7 February 2019
Insurance
Bermuda-based Aspen Insurance has entered a strategic partnership with CGB Diversified Services (CGB DS) where Aspen will be acquiring a 23.2 percent stake in a newly formed company, Crop Re Services. 19 December 2017
Alternative Risk Transfer
The US Federal Emergency Management Agency (FEMA) plans to secure additional reinsurance cover for the National Flood Insurance Program (NFIP) by engaging the capital markets for the first time through an insurance-linked securities (ILS) transaction on or about July 1, 2018. 4 April 2018
Insurance
American International Group (AIG) enjoyed a return to solid profits in its first quarter results as its CEO highlighted the company was enjoying the fruits of actions it has taken to execute to strengthen its balance sheet and improve earnings quality. 4 May 2017
Insurance
Increase in fully diluted book value per share of 4.4 percent for the year 7 November 2019
Insurance
Everest Insurance has appointed Debbie Weiser as the new leader of excess casualty within Everest Specialty Casualty. 6 September 2017
Insurance
Australian insurer IAG's non-executive director Alison Deans is set to retire from the company’s board following the annual general meeting on 20 October 2017. 5 September 2017
Insurance
Russell Kilpatrick, the former director and founding executive chairman of Dual Corporate Risks, has invested in insurtech startup Equipsme. 26 March 2018
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