Articles

Insurance

China Pacific invests in B3i; insurance blockchain seeks expansion in new and growing markets

Blockchain insurance industry initiative B3i has added Chinese insurer China Pacific Insurance Company (CPIC) as its latest shareholder, with Li Hao joining as a member of the board.   22 August 2019

Insurance

Hamilton hires TigerRisk's Ursano as new group CFO, gives third-party capital oversight to Reiss as it seals Liberty deal

Bermuda-based Hamilton Insurance Group has unveiled strategic changes at the management level, including the appointment of a new group CFO, following the completion of its "transformative" Liberty Mutual acquisitions deal.   22 August 2019

Insurance

AI start-up Betterview strikes commercial deal with EMC Insurance post $4.5m Series A

California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has entered into a commercial agreement with EMC Insurance Companies.   22 August 2019

Insurance

Carlyle-backed JenCap to acquire specialty programme administrator Aran Insurance

US-based specialty insurer JenCap Holdings is to acquire Aran Insurance Services Group, a specialty programme administrator with offices in Arizona, Colorado, Massachusetts and New York.   22 August 2019

Insurance

Everest Insurance taps JLT Specialty's Kyle Adams to lead Bermuda operation

Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has hired Kyle Adams to lead its Bermuda insurance operations.   22 August 2019

Insurance

Marsh appoints new leaders for US, Canada energy and power

Broker Marsh has unveiled new leadership in its US and Canada energy and power practice with the appointment of Amy Barnes and Brad Vescarelli.   22 August 2019

Insurance

SSL Endeavour appoints group non exec chair Palmer-Brown and CFO Crossland as it finalises ‘significant’ aviation M&A

Specialist independent Lloyd’s broker SSL Endeavour has unveiled two “important” senior executive hires for the group on the same day it confirmed it was finalising the acquisition of Worldlink Holdings, a North American aviation brokerage and MGA.   21 August 2019

Insurance

Below average cat losses boost non-life profits in H1 2019: Fitch

Profitability for non-life reinsurers' underwriting rose in the first half of 2019 caused in part by below average catastrophe losses, which in turn helped to offset mixed results for life reinsurers, according to Fitch Ratings.   20 August 2019

Insurance

Guy Carpenter becomes ‘sole’ reinsurance intermediary for CEA California Wildfire Fund

The California Earthquake Authority (CEA) has appointed Guy Carpenter as sole reinsurance intermediary for its recently created California Wildfire Fund to develop a risk transfer and reinsurance strategy.   20 August 2019

Insurance

Cobbs Allen unveils new specialty brokerage CAC to serve corporate and private equity clients

US-based enterprise risk management agency Cobbs Allen has formed a new specialty insurance brokerage and investment banking platform to serve corporates and private equity clients. The company believes that current consolidation in the marketplace has created a need for an independent platform with scalability and the ability to move quickly and nimbly.   16 August 2019

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