News
Insurance
Parametric insurance and smart contracts technology could help insurers increase efficiency and improve customer experience, finds new reports by insurance and reinsurance marketplace Lloyd’s of London. 15 July 2019
Insurance
Two in five insurance businesses in the life and non-life insurance sectors have emerged in less than a decade, since 2010, according to a study of Companies House data by digital home insurer Policy Expert. 12 July 2019
Insurance
Fannie Mae, the US government-backed financial institution that provides liquidity to the US mortgage markets by buying mortgages from lenders, has completed two new front-end credit insurance risk transfer (CIRT) deals. 12 July 2019
Insurance
As tropical Storm Barry moves towards New Orleans, weather forecasters are predicting that it could become a hurricane and then stall over land, meaning that rain, not wind, will be the main peril. 12 July 2019
Insurance
Specialist insurer Markel Corporation has added a stand-alone employment practices liability policy customised for professional employer organisations (PEOs) to its management liability suite of products. 12 July 2019
Insurance
Re/insurance broker Aon has appointed Tim Ronda as president of its US reinsurance solutions business with immediate effect. 12 July 2019
Insurance
Arcus Syndicate 1856, which is managed by Barbican Managing Agency, has hired Alex Shepherd as active underwriter from RenaissanceRe Syndicate 1458 where he was head of property. 11 July 2019
Insurance
The economic cost of a record breaking heatwave, severe storms and flooding in Europe in June 2019 is expected to exceed €1.774 billion (US$2 billion), according to Aon’s monthly Global Catastrophe Recap report. 11 July 2019
Insurance
Reinsurance, wholesale and specialty broker Ed has appointed Carrie Kelley as executive vice president, head of property insurance for its newly-launched operations in Bermuda. 9 July 2019
Insurance
Specialist insurer Markel has appointed Christian Stobbs as new managing director and Colin Fordham as director for its Asia operations. 9 July 2019
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