News

Insurance

TigerRisk appoints vice chair for capital markets unit

Reinsurance broking and risk/capital management firm TigerRisk Partners has hired Stephen Fromm as vice chairman of TigerRisk Capital Markets & Advisory.   26 November 2018

Insurance

TransRe partners with insurtech Concirrus for new marine platform

Reinsurer TransRe has partnered with London-based insurtech Concirrus, a provider of marine and motor analytics, to jointly develop data-driven reinsurance products and services.   26 November 2018

Alternative Risk Transfer

ILS: Deep roots on ‘The Rock’

The ILS markets will continue to evolve and flourish with Bermuda front and centre of future development. That was the overall takeaway of the ILS Convergence 2018, held in Bermuda in October.   26 November 2018

Insurance

Japan's insurers absorb record cat losses

The three major Japanese non-life insurance groups - Tokio Marine Holdings, MS&AD Insurance Group Holdings and Sompo Holdings – have incurred their biggest annual catastrophe loss on record in the first half of the financial year ending March 2019 (FYE19), according to Fitch Ratings.   26 November 2018

Insurance

B3i raises funding, targets commercial blockchain market

The blockchain insurance industry initiative B3i is finalising a funding round as it plans to target the commercial insurance market.   23 November 2018

Insurance

Lloyd's COO Khoury-Haq resigns

Shirine Khoury-Haq, chief operating officer (COO) of specialist insurance and reinsurance market Lloyd's of London, is leaving the corporation after five years.   21 November 2018

Insurance

AXA receives $1.8bn from US life unit stake sale

AXA has completed a secondary common stock offering of its US life and asset management business Equitable Holdings (EQH) for net proceeds of $1.8 billion.   21 November 2018

Insurance

Liberty Mutual shakes up excess casualty unit

Property/casualty insurer Liberty Mutual is realigning its excess casualty operations and increasing its capacity to $100 million.   21 November 2018

Insurance

Tokio Marine taps AXIS marine head for London Market unit

Speciality insurer Tokio Marine HCC has hired AXIS Capital's head of marine as part of its growth strategy in the marine insurance market.   21 November 2018

Insurance

Mapfre invests €25m in insurtech venture fund

Spanish re/insurer Mapfre is investing €25 million in Alma Mundi Insurtech Fund that focusses on startups in the insurance sector.   21 November 2018

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