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Insurance
R&Q completes $46.5m loss portfolio transfer
Randall & Quilter Investment Holdings has written a loss portfolio transfer reinsurance contract to assume a bonds portfolio issued by an undisclosed Fortune 500 Insurance Group.   19 June 2017
News
Australian Reinsurance Pool names new chair
The Australian government has appointed Ian Carson and Karen Payne to the Australian Reinsurance Pool Corporation (ARPC).   19 June 2017
Insurance
Charles Taylor appoints non-executive director
Lloyd's managing agent Charles Taylor has appointed Tamer Ozmen as a non-executive director of the company. He will join the audit, remuneration and nominations committees.   19 June 2017
Insurance
New alliance to drive blockchain use in insurance broker market
Blockchain technology company Bitfury Group and risk and insurance advisory firm Risk Cooperative have entered into a strategic partnership to drive blockchain applications in the $60 billion insurance intermediation market.   19 June 2017
Insurance
Zurich private clients head joins Munich Re-backed MGA UK General
Former Zurich executive Matthew Schofield has joined the senior management team of UK General Insurance as chief commercial officer, reporting to CEO Karen Beales.   19 June 2017
Insurance
SCOR enters US medical reinsurance market
SCOR Global Life, the international life and health subsidiary of French reinsurer SCOR, has entered the US medical reinsurance market, offering a portfolio of customised solutions to manage medical risk and complex claims.   16 June 2017
Insurance
Admiral breached new FCA renewal rules
Motor insurer Admiral included inaccurate premium amounts in renewal documents issued to some customers, breaching new Financial Conduct Authority (FCA) rules.   16 June 2017
Insurance
Corporates must review D&O cover earlier – and take it seriously
Executives should review their directors’ & officers’ (D&O) coverage and its triggers earlier if they suspect something is going wrong in a company and they know it’s just a matter of time before a regulator gets involved.   15 June 2017
Insurance
Mapfre adopts start-up mentality for building international business
Mapfre Global Risks, the unit of global insurance firm Mapfre that specialises in providing insurance solutions for multinationals, is planning to grow internationally through a mixture of setting-up new units and building upon existing branches.   15 June 2017
Insurance
Tackling cyber in advancing technologies requires collaboration
The push towards digitisation and the advent of newer technologies such as driverless cars and artificial intelligence is leaving businesses more exposed to a cyber attack.   15 June 2017

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