News
Alternative Risk Transfer
Allianz is targeting an expansion in alternative risk transfer ART) through a new structure and leadership at its corporate solutions unit Allianz Global Corporate & Specialty (AGCS). 9 October 2018
Insurance
More reinsurers and insurers have released details of their third quarter catastrophe losses, reflecting the extent to which they were exposed to losses stemming from the recent hurricanes to make landfall in the US. 15 October 2017
Insurance
Insurance broker Lockton has named Robert Connolly as the new chairman of its US Northeast operations, succeeding Michael Calabrese who will serve as vice chairman. 21 June 2017
Insurance
Specialist commercial re/insurer International General Insurance Holdings (IGI) has introduced a legal expenses insurance product and hired former Markel, Brit expert to develop the business line. 21 June 2017
Insurance
The board of directors of Brazil-based bank BTG Pactual, which launched insurance and reinsurance operations in 2013, has elected Persio Arida as executive chairman and John Huw Jenkins as vice chairman. 1 December 2015
Insurance
Swizerland-based property and casualty re/insurer Allied World Assurance Company Holdings has included drones services to expand its risk management offerings. 21 April 2017
Insurance
Specialist insurer Ecclesiastical has repositioned its underwriting, customer service and broker relationship management into regional hubs operating closer to customers and broker partners. 21 January 2014
Alternative Risk Transfer
Ukraine-based insurance company BROKBUSINESS, a strategic partner of Bermudian niche reinsurer Phoenix CRetro, has been awarded a licence from the National Bank of Ukraine to post collateral abroad as part of its retro reinsurance capacity provision. 22 September 2014
Insurance
Lloyd’s has selected L Marks, an innovation specialist in the insurtech sector, and Boston Consulting Group (BCG) to support the set up and operation of its newly unveiled innovation lab. 23 April 2018
Insurance
Fairfax Insurance Holdings, the re/insurance conglomerate which includes OdysseyRe, Allied World and Brit, posted stellar growth and big profits in the first quarter of 2018 though its growth was largely due to premiums from Allied World, which it acquired in July last year, being added for the first time. 4 May 2018
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