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Broker Willis Towers Watson has bolstered its London Market property and casualty arm with senior hires from Brit and Aon. 11 December 2018
Insurance
Bermuda specialty re/insurer Sompo International Holdings is expanding its cyber insurance capabilities in the US by creating a dedicated US team focused on cyber offerings, an enhanced cyber and professional liability product, and an expanded suite of cyber risk management services. 11 December 2018
Insurance
Lloyd’s broker RFIB Group has hired a Willis Re executive as managing director of its specialty business that underwent a restructuring recently. 11 December 2018
Reinsurance
The re/insurance industry holds high expectations for blockchain technology as an opportunity to increase efficiency of insurance processes, and the future is beginning to take shape with the launch of new platforms and products. Intelligent Insurer reports. 4 December 2018
Insurance
Lloyd’s insurer ArgoGlobal, a part of Argo Group, has appointed Paul Lucas as chief actuary, international. 3 December 2018
Insurance
The blockchain insurance industry initiative B3i is finalising a funding round as it plans to target the commercial insurance market. 23 November 2018
Insurance
Reinsurer SCOR has received the French supervisory authority's approval for SCOR Europe SE, the new Paris-based P&C specialty insurance company it is creating to ensure business continuity post Brexit. 22 November 2018
Insurance
Commercial insurance pricing increased for the fourth consecutive quarter in the third quarter of 2018 by more than 1 percent, driven by property and financial and professional lines, according to the most recent Global Insurance Market Index compiled by Marsh. 22 November 2018
Insurance
UK insurer Aviva is acquiring a majority stake in connected home insurer Neos Ventures, a London-based insurtech startup backed by Munich Re. 22 November 2018
Insurance
AM Best has assigned a Financial Strength Rating (FSR) of B (Fair) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” to UK-based Folgate Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. 22 November 2018
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