News
Insurance
There is increasing interest among insurers in getting contractors as well as developers to buy in to the inclusion of leak detection systems in building projects. Intelligent Insurer reports. 16 May 2019
Insurance
The British Insurance Brokers’ Association (BIBA) has named former insurance minister and current board member Jonathan Evans as its new chairman. He will take up the position in January 2020. 15 May 2019
Insurance
Claus-Ulrich Kroll has been appointed new president and chief executive officer (CEO) of both Munich Reinsurance Company of Canada and Temple Insurance Company. 15 May 2019
Insurance
German reinsurer Munich Re has entered into a global partnership with UK-based data analytics and telematics provider The Floow. 15 May 2019
Alternative Risk Transfer
AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has received the first insurance regulatory sandbox licence from the Bermuda Monetary Authority (BMA). 15 May 2019
Insurance
Cayman-based property/casualty reinsurer Oxbridge Re effectively stopped writing business in the first quarter of 2019 as it grappled with the events of the previous hurricane season, when it suffered limit losses on all reinsurance contracts – but its CEO said he is optimistic about the future of the business. 15 May 2019
Insurance
Lloyd's broker Bishopsgate, part of the Ardonagh Group, has appointed Jonathan Turnbull as its new chief executive officer (CEO), replacing Neil Pearce. The appointment is subject to regulatory approval. 15 May 2019
Insurance
The tit-for-tat between Argo Group and activist investor Voce Capital Management rumbles on with the latter now accusing Argo’s promise to shrink the size of its board to ten from 13 as a “deception”, which there is no guarantee will be followed through. 15 May 2019
Insurance
CorRisk Solutions, a part of Ryan Specialty Group (RSG), has hired Donna Belvedere to lead its professional liability team, based in New York. 15 May 2019
Insurance
Bermuda-based Aspen Insurance Holdings has made a series of key changes in its executive leadership team, as well as placed its UK-based MGA Aspen Risk Management (ARML) into run-off, and closed its Dublin office, in a move it hopes will strengthen the company's "competitive position" and enhance operational efficiency under Apollo's ownership. 15 May 2019
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