News

Insurance

Stephen Catlin launches re/insurance start-up Convex with $1.8bn capital raise; secures A- rating from AM Best

Insurance veteran Stephen Catlin and Paul Brand have launched a new specialty re/insurer focused on complex risks with an initial capital commitment of $1.8 billion, and an "exceptional group" of underwriting experts.   30 April 2019

Insurance

SCOR shareholders back CEO Kessler opposing "destabilisation attempt" by investor CIAM

The shareholders of reinsurer SCOR have rejected the resolution proposed by its activist investor CIAM that suggested its CEO Denis Kessler be removed from the company's board of directors, calling it a "destabilisation attempt" at its annual general meeting (AGM) on April 26.   26 April 2019

Insurance

SCOR’s Kessler sees ‘strong Q1 2019 results’ ahead of AGM

SCOR has enjoyed a “strong start” to 2019 according to Denis Kessler chairman and CEO as he unveiled the re/insurer’s Q1 results ahead of its annual general meeting today.   26 April 2019

Insurance

Tokio Marine to enter Myanmar general insurance market via JV with Grand Guardian

Tokio Marine Holdings is looking to enter Myanmar's general insurance market by forming a joint venture with Grand Guardian Insurance Holding Public Company (GGIH).   26 April 2019

Insurance

MS Amlin appoints new CFO from Old Mutual replacing Worth

Re/insurer MS Amlin has appointed Iain Pearce to replace John Worth as chief financial officer (CFO) who is leaving to pursue other interests outside the company.   26 April 2019

Insurance

Qatar Re appoints Michael van der Straaten as new CEO

Bermuda-based Qatar Re, a subsidiary of Qatar Insurance Company (QIC), has confirmed the appointment of Michael van der Straaten as its chief executive officer (CEO).   26 April 2019

Insurance

Marsh unveils commercial blockchain solution for proof of insurance in US

Broker Marsh is launching its proof of insurance blockchain platform, developed in collaboration with IBM, ACORD and ISN, for its US commercial clients.   26 April 2019

Insurance

Liberty Specialty Markets bolsters specialty binders team

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has made two promotions within its specialty binders team in London.   26 April 2019

Insurance

Amynta Group appoints new chief executive officer from Bank of America Merrill Lynch

Amynta Group, a group of warranty, managing general agent (MGA) and specialty risk companies, has appointed Robert Giammarco as the new chairman and chief executive officer (CEO).   25 April 2019

Alternative Risk Transfer

Guernsey’s new ILS hybrid: even closer to the risk

Christopher Anderson, partner at law firm Carey Olsen in Guernsey, has introduced the concept of a hybrid ILS vehicle. Here he explains why and how he came up with the idea.   24 April 2019

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