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Insurance
QBE Insurance Australia has entered into a strategic partnership with Risk Management Institution of Australasia (RMIA). 30 June 2017
Insurance
Law firm RPC has named Simon Laird as head of insurance. He succeeds James Miller in the role, who was recently elected as the new managing partner. 14 February 2017
Insurance
Bermuda-based Arch Capital has announced that its full year 2016 results saw a slight rise in profits of just two percent from its 2015 results, despite significant premium growth. 14 February 2017
Insurance
Blockchain technology company Bitfury Group and risk and insurance advisory firm Risk Cooperative have entered into a strategic partnership to drive blockchain applications in the $60 billion insurance intermediation market. 19 June 2017
Insurance
Lloyd’s fined Amlin Underwriting Limited (AUL) £630,000 for breaches of the Lloyd’s Premium Trust Deed (PTD) and for failings in its response to those breaches. 3 April 2017
Insurance
Existing EU insurance policies should stay in place after Britain leaves the bloc because the process of dividing them into British and EU contracts would be too complex, Lloyd's CEO Inga Beale told Reuters in a June 26 interview. 27 June 2017
Alternative Risk Transfer
The UK’s economic secretary to the Treasury, Simon Barclay said that the regulation to introduce insurance linked securities (ILS) in the UK will be laid in Parliament before the summer recess and may be in force in autumn. 27 June 2017
Insurance
Insured losses from Hurricane Maria will be between $15 and $30 billion, according to estimates by risk modelling firm RMS. 29 September 2017
News
Cayman Islands-based specialist property/casualty reinsurer Greenlight Capital Re has hired Michael Belfatti to the newly-created position of chief operating officer. 16 August 2017
Insurance
Following the devastation caused by Hurricane Maria, 2017 catastrophe losses for the global insurance and reinsurance sectors will exceed $100 billion and could reach close to $190 billion on a pre-tax basis, according to Fitch Ratings. 27 September 2017
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