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The internet has created a trust vacuum and by replacing outmoded and insecure centralized networks with distributed blockchain solutions insurers can reinstate control over private data, says risk academic and former CEO of Aon Benfield Analytics, Stephen Mildenhall. 19 July 2018
Insurance
US-based IAT Insurance Group has hired Donna McDermott as head of IAT Reinsurance (IAT Re) to succeed senior vice president Jim Miller who plans to retire on March 1, 2019. 19 July 2018
Insurance
AXA Group's specialist run-off acquirer and manager has acquired a majority stake in Emirates Re. 17 July 2018
Insurance
Specialist re/insurance broker THB has revealed key leadership changes at its European division based in Amsterdam. 17 July 2018
Insurance
Munich Re has appointed Christoph Jurecka as new chief financial officer (CFO) to succeed Jörg Schneider who is retiring Dec. 31, 2018. 17 July 2018
Insurance
Ethos Specialty Insurance Services, a managing general agency (MGA) and an Ascot Group company, has hired Kevin Mooney as senior vice president and head of small and medium enterprise (SME) casualty from CapSpecialty. 17 July 2018
Insurance
Challenging market conditions mean the re/insurance industry is poised for yet more consolidation, but transactions will become more challenging because of the smaller pool of acquisition targets, Moody’s has claimed in a new report called ‘More M&A deals as firms seek to broaden depth, scale and market relevance’. 12 July 2018
Insurance
Small business insurer Next Insurance has raised $83 million as it targets to expand operations. 11 July 2018
Insurance
A change in the Deutsche Rück business model in residual credit business is expected to lead to a significant reduction in gross premiums in the current financial year, said CEO Frank Schaar. 11 July 2018
Insurance
Natural disasters across the world caused significantly lower losses than usual in the first half of 2018 at around $33 billion, according to Munich Re. 11 July 2018
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