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Alternative Risk Transfer
SCOR has become the first reinsurer to use the new UK ILS regime to issue a catastrophe bond. 1 June 2018
Insurance
US-based property/casualty insurer Hanover Insurance Group has appointed Frank Baron as president of alternative markets, a newly formed business unit within the company's domestic specialty group. 1 June 2018
Insurance
MassMutual International has completed its sale of 85.1 percent of MassMutual Japan - its wholly-owned life insurance and wealth management affiliate - to Osaka-based mutual life insurer Nippon Life. 1 June 2018
Insurance
The Hartford's run-off life and annuity businesses Talcott Resolution has been acquired by an investor group, and will now operate as an independent stand-alone insurance company headquartered in Windsor, Connecticut, with an office in Woodbury, Minnesota. 1 June 2018
Insurance
Insurer Chubb has strengthened its energy industry practice with two new leadership appointments for the mid and large market segments. 1 June 2018
Insurance
Wilmington Trust has appointed Michael Ramsey as a client development officer for its insurance collateral solutions team, part of the company’s global capital markets division. 1 June 2018
Insurance
Insurtech startup Wrisk, which is backed by firms like Munich Re, Hiscox and QIC, has raised over £500,000 in two days in its second crowdfunding campaign. 31 May 2018
News
Berkshire Hathaway became the world's third-largest reinsurer in 2017 driven by the $10.2 billion American International Group (AIG) deal, pushing Hannover Re and SCOR to fourth and fifth place, respectively, according to S&P Global Market Intelligence. 29 May 2018
Insurance
London-based specialty insurer Newline Group is launching its post-Brexit European Union insurance hub in Cologne, Germany. 29 May 2018
Insurance
French insurer AXA has designed a new car insurance cover in collaboration with ridesharing platform BlaBlaCar. 29 May 2018
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