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Alternative Risk Transfer
Business written by Blue Capital Reinsurance Holdings decreased by almost a third in the first quarter of 2018 compared with the same period a year before, despite positive rate increases. 1 May 2018
Insurance
Pioneer Underwriters has appointed Simon Gaffney as group chief operating officer, effective immediately, based in London. 1 May 2018
Insurance
Swiss Re’s unit corporate solutions has appointed Jake Algar as head UK & Ireland, effective May 1, 2018 as the company expand the business. 1 May 2018
Insurance
Standard & Poor’s Global Ratings has raised the assessment of Sompo Holdings Group’s enterprise risk management (ERM) to “Strong” from “Adequate with strong risk controls”. 1 May 2018
Insurance
Claims handling has changed hugely thanks to advances in technology, a panel at the Intelligent Automation in Insurance: unlocking the artificial intelligence revolution conference, taking place in London today, has found. 26 April 2018
Insurance
Insurance broker Lockton has appointed Said Taiym as executive vice president and chief digital officer. 17 April 2018
Insurance
The re/insurance industry loss from extratropical cyclone Friederike (also called David) has reached €1.63 billion, according to Zurich-based catastrophe insurance data provider PERILS. 17 April 2018
Insurance
Australia-based QBE Insurance Group is replacing its group chief financial officer (CFO) Michael Ford who has assumed the role only in September 2017. 11 April 2018
Insurance
Bermuda-based property and casualty re/insurer Sompo International has appointed Patrick Cove as global head of aviation reinsurance. He will be based in the company’s Zurich office. 10 April 2018
Insurance
The total transaction volume of insurtech merger and acquisitions (M&As) in Asia hit $460 million in 2017, more than three times that of 2016, as industry incumbents and new entrants to the market pushed towards greater digitalization, according to the fourth Quarterly InsurTech Briefing from Willis Towers Watson. 9 April 2018
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