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Insurance
Insurance broker Marsh is launching a commercial blockchain solution for proof of insurance in collaboration with IBM, ACORD and ISN. 17 April 2018
Insurance
Bermuda-based Monument Re, through its European subsidiary Laguna Life, has acquired a run-off portfolio of flexible premium retail life insurance contracts from Ethias, known as the First A Portfolio. 17 April 2018
Insurance
Tom Rutter, chief executive officer of Sunderland Marine, is to retire on June 30 after nearly four decades with the company. 17 April 2018
Insurance
New York-based Mutual insurer of US municipal bonds Build America Mutual (BAM) is expanding its claims-paying resources by $100 million through a collateralized reinsurance agreement with Fidus Re, a special-purpose insurer created solely to provide collateralized reinsurance protection to BAM. 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
Alternative Risk Transfer
Alternative capital rose by $8 billion to $89 billion in 2017 and is expected to grow further in 2018 after a strong first quarter, according to Aon Benfield’s April 2018 Reinsurance Market Outlook. 16 April 2018
Insurance
Navigators CEO Stanley Galanski has described how London has become an increasingly challenging market and explained why he believes that targeting local markets directly in continental Europe is the way to go. 16 April 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has appointed Richard Deguettes as general manager for France. 16 April 2018
Insurance
The looming expiration of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) is a concern for insurers with significant terrorism exposures, AM Best warned. 16 April 2018
Insurance
Specialist insurer Markel has reorganised the leadership structure of its excess casualty underwriting unit with managing directors Matt Mullen and Colin Shaw now directly reporting to executive underwriting officer for casualty Alan Rodrigues. 16 April 2018
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