News
Insurance
Specialist re/insurance market Lloyd’s of London has appointed Jennifer Rigby as new chief operations officer (COO). 2 July 2019
Insurance
US-based specialty insurance brokerage Alliant Insurance Services has joined global broker network Brokerslink and is set to become a shareholder in the near future. 2 July 2019
Insurance
Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1, and July 1, 2019, renewals according to the latest 1st View renewals report from Willis Re. 2 July 2019
Insurance
UK brokers are increasingly modernising their trading practices to embrace e-trading, with 94 percent currently placing business electronically, according to FWD Research, a research consultancy, which has competed a report on the use of e-trading by brokers. 2 July 2019
Insurance
Insurance risk and commercial law firm BLM has launched BLM Innovations, a suite of seven online analytics, case management and communications tools, which use artificial intelligence (AI) to predict the outcome a claim. 2 July 2019
Insurance
Player’s Health, a risk management firm specialising in sports, fitness, and wellness, has secured a Series A financing round from Eos Venture Partners, a specialist insurance venture capital investor, and Will Ventures, an investor focused on sports technology. 2 July 2019
Insurance
Property/casualty insurer Chubb is the latest major insurer to stop underwriting and investing in coal-related policies amid rising climate concerns. 2 July 2019
Alternative Risk Transfer
US insurer Liberty Mutual has renewed its Bermuda domiciled reinsurance sidecar Limestone Re at approximately $240 million, an overall lower target size than last year's $278 million due to a "revised portfolio composition". 2 July 2019
Insurance
Cayman Islands-based reinsurer Greenlight Capital Re has made a strategic investment in travel medical insurance managing general agent Battleface. 2 July 2019
Insurance
Alleghany Corporation has appointed Jack Sennott as chairman, chief executive officer and president of its wholly-owned subsidiary CapSpecialty, an underwriter of commercial property, casualty and surety insurance coverages. 2 July 2019
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