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SCOR splits Global P&C into three units
News
SCOR Global P&C will be organised around three business units plus transverse functions, which will all cooperate for clients’ benefit, according to a corporate presentation.   5 September 2018
Sompo International unveils new unit in Luxembourg
Insurance
Bermuda specialty re/insurer Sompo International Holdings has unveiled a new subsidiary in Luxembourg, which will cover business written in Continental Europe and have branches in Belgium, France, Germany, Italy, Spain and the UK.   4 September 2018
Insurance
Asia Capital Reinsurance Group has appointed Hue Yann Wei as chief executive officer of its subsidiary, Asia Capital Reinsurance Malaysia (ACR Malaysia).   3 January 2018
Technology
The launch of blockchain insurance startup B3i’s Cat XoL product is opening the door for the re/insurance industry to embrace distributed ledger technology. B3i’s chief marketing officer Ken Marke outlines its aims.   14 October 2019
Insurance
Lloyd’s Lab, the experimental development hub for Lloyd’s of London, has unveiled its second cohort of 12 teams, which include AI, gig economy, and language processing innovators.   29 April 2019
Insurance
Data provider PERILS said on Aug. 23 that its third loss estimate for windstorm Thomas, also known as Doris, was €249 million.   23 August 2017
Insurance
Hokodo, a London and Paris-based technology startup that recently partnered with reinsurer SCOR for its launch product, has raised €1.9 million in seed funding.   4 October 2018
Insurance
The German life insurance market is heavily under pressure in terms of profitability, but this represents a great opportunity to provide finality to portfolios by using run-off as a strategic tool, Robert Buchberger, managing director at Pro Germany, told Baden-Baden Today.   24 October 2018
Insurance
Lloyd’s Syndicate 623, which is managed by Beazley Furlonge and writes business on behalf of Names at Lloyd’s, recognised total gains of $53.6 million in 2016, a jump on the $46.6 million it posted in 2015.   15 March 2017
Insurance
Sompo Holdings said on Oct. 20 that its incurred losses from natural catastrophes in the third quarter of 2017 are estimated at ¥70 billion ($620 million) before taxes and that it is now reviewing its full-year earnings forecast.   20 October 2017

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