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Insurance
Markel Corporation has partnered with Next Insurance, a California-based online insurance start-up, to insure commercial small businesses. 20 January 2017
Insurance
Marsh & McLennan Companies (MMC) has appointed Susan Stone as the general counsel of company’s risk and insurance services (RIS) segment that includes Marsh and Guy Carpenter. 19 January 2017
Insurance
Re/insurer International General Insurance (IGI) has strengthened its London team with the appointment of three key underwriters Simon Mepham, Ben Cubitt and Joanna Cousins. 16 January 2017
Alternative Risk Transfer
Although there are hints towards pricing stabilisation in the global reinsurance market, continuing declines driven by increased competition and a lack of significant natural catastrophe losses signal a challenging 2017. Intelligent Insurer investigates. 12 January 2017
Insurance
London-based PIB Group has completed the acquisition of intermediary Thistle Insurance Services’ UK business from JLT Specialty. 11 January 2017
Insurance
The US subsidiary of broker Jardine Lloyd Thompson Group (JLT) has appointed David Turner as vice president in New York. 10 January 2017
Insurance
Credit and financial risk re/insurer CBL Corporation has completed its NZ$150 million ($104.4 million) strategic acquisition of Securities and Financial Solutions (SFS) and its claims management operation IMS Expert Europe (IMS). 9 January 2017
Insurance
Specialty re/insurer Brit has renewed and expanded the collateralised reinsurance capacity provided by the Bermuda domiciled special purpose insurer Versutus, to support its property treaty portfolio for 2017. 9 January 2017
Insurance
The decline in reinsurance pricing moderated at the January 1, 2017 renewal across most classes of business and geographies, as compared to the past three renewal seasons, according to an annual renewals report by Guy Carpenter. 6 January 2017
Insurance
The Guernsey Financial Services Commission (GFSC) has published a new set of rules which clarify the regulatory treatment of collateralised reinsurance, including insurance-linked securities (ILS), and allow for a one-day approval process. 5 January 2017
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