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The launch of blockchain insurance startup B3i’s Cat XoL product is opening the door for the re/insurance industry to embrace distributed ledger technology. B3i’s chief marketing officer Ken Marke outlines its aims. 14 October 2019
Insurance
Arthur J Gallagher (AJG) has appointed Sean Connelly as its global chief information officer (CIO). He succeeds Eric Dean, who will retire in June. 6 May 2015
Insurance
An analysis of catastrophe losses in 2018 shows that the protection gap is not closing and that catastrophe risk has continued to evolve and is more complex than ever, according to Aon’s latest Weather, Climate & Catastrophe Insight: 2018 Annual Report. 22 January 2019
Insurance
Consolidation and yet more mergers and acquisitions (M&A) in the industry will be the biggest talking point in Baden-Baden this year, closely followed by negotiations over rates and terms and conditions, according to an online survey carried out by Intelligent Insurer ahead of this renewals season. 22 October 2018
Insurance
NAGICO Group, one of the largest privately-owned general insurance companies in the Caribbean, renewed a substantial excess of loss treaty with Swiss Re on Jan 1 – and, in a symbolic gesture, signed the deal at sea. 8 January 2019
Insurance
US insurer WR Berkley has appointed James Gilbert as an executive vice president with oversight responsibility for certain of the company’s operating units. 20 April 2018
Insurance
American International Group (AIG) is creating two new insurance companies, one in the UK and one in Luxembourg and is splitting the European business among them ahead of the UK leaving the EU. 19 April 2018
Insurance
Specialist insurer Beazley has launched a new consortium at Lloyd’s of London to provide increased capacity for US wage & hour risks. 26 July 2018
Alternative Risk Transfer
Twelve Capital, the investment management firm with a strong focus on ILS, has appointed one of the reinsurance partners at law firm Goldberg Segalla to its UK board as a non-executive director. 22 December 2014
Insurance
American International Group has entered into several agreements with property and casualty with re/insurer Fairfax Financial Holdings, to sell to it its local commercial and consumer insurance operations in Argentina, Chile, Colombia, Uruguay, Venezuela, and Turkey. 19 October 2016
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