Articles

Insurance

Blanc resigns as CEO EMEA of Zurich and chair of ABI after less than a year

Zurich Insurance Group’s CEO Europe, Middle East & Africa (EMEA) Amanda Blanc has resigned with immediate effect. She joined the group in October 2018 from AXA.   3 July 2019

Insurance

Randall & Quilter signs $113m US loss portfolio transfer deal

Insurance services and investment company Randall & Quilter Investment Holdings has signed a loss portfolio transfer agreement with two of the largest joint powers authorities in California providing property and general liability cover.   3 July 2019

Insurance

Chubb to stop insuring, investing in coal amid climate concerns

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

Insurance

B3i runs hackathon stress test with brokers, insurers and reinsurers

Blockchain insurance initiative B3i successfully stress tested its Property Catastrophe Excess of Loss Reinsurance application recently with a hackathon in Zurich, Switzerland.   1 July 2019

Insurance

Singapore Life secures $90m investment from Japan's Sumitomo Life to 'reshape' financial industry

Japanese insurer Sumitomo Life Insurance Company has made a $90 million investment in Singapore Life and acquired approximately 25 percent of the total issued and outstanding shares in the company.   1 July 2019

Insurance

Swiss Re Corporate Solutions appoints Nigon as head of engineering & construction Asia Pacific

Swiss Re Corporate Solutions has appointed Patrice Nigon as head engineering & construction (E&C) Asia Pacific (APAC), succeeding Andre Martin, who became head of innovative risk solutions APAC.   28 June 2019

Insurance

TigerRisk brings JLT Re duo to lead binding authority business

Reinsurance broking and risk/capital management firm TigerRisk Partners has hired JLT Re's Neill Cotton and Mark Sleet as partners to lead the company's binding authority and programme businesses.   27 June 2019

Insurance

Swiss Re prices ReAssure initial public offering at up to £3.3bn

Zurich-based Swiss Re has set a price range of £2.80 to £3.30 per share for the initial public offering (IPO) of its UK closed life book business ReAssure.   27 June 2019

Technology

Grappling with the fifth theatre of warfare

As the rating agencies, regulators and investors wake up to the magnitude of the threat posed by silent cyber risk, re/insurers must get their act together and tackle this large and infinitely complex risk head-on. Intelligent Insurer reports.   27 June 2019

Insurance

Zurich takes lead on UN climate goals; commits to 100% renewable energy by 2022

Zurich has become the first major global insurer to align with United Nation's climate change goals by committing to using 100 percent renewable energy in all global operations by the end of 2022, and to stop writing certain thermal coal and oil sands risks.   26 June 2019

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