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Insurance
Property/casualty insurer Chubb has become an industry association member of the Blockchain in Transport Alliance (BiTA). 11 July 2018
Insurance
The cost of insurance claims for merger-objection litigation has risen “dramatically” in recent years, according to Chubb. 11 July 2018
Insurance
Re/insurer XL Catlin has appointed Stefan Homberger as head of multinational casualty insurance in the US and promoted Arielle Moody as team lead for the US Eastern region multinational casualty group. 11 July 2018
Insurance
Severe thunderstorms leading to flash floods and hail across the eastern two-thirds of the US in June led to $4 billion economic losses and $3 billion of claims for insurers, according to Aon’s Global Catastrophe Recap report. 11 July 2018
Alternative Risk Transfer
Catastrophe bond issuance dropped to $7.4 billion in the first half of 2018 from $8.8 billion issued in the first half of last year as activity in North America halved, according to the PCS H1 2018 Catastrophe Bond Report. 11 July 2018
Insurance
MTech Capital has completed the initial closing of the firm’s insurtech venture fund with $75 million of capital commitments from three anchor investors including CNA Financial Corporation, NN Group, and a global insurer. 11 July 2018
Insurance
AXA Liabilities Managers, an AXA Group company specialising in non-life re/insurance legacy acquisitions, has closed its 18th acquisition on the external market with Cologne-based Gothaer Finanzholding. 11 July 2018
Insurance
Allied Insurance Brokers has appointed Tres Whitlock as its new president. 11 July 2018
Insurance
Investment firm Fineqia International is taking an equity stakein Estonia-based Black Insurance, a digital insurance startup based on the blockchain. 10 July 2018
Insurance
Lloyd’s broker and delegated authority specialist Endeavour Insurance Services has appointed Karen Allen as CEO designate. 10 July 2018
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