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Insurance
The Blockchain Insurance Industry Initiative (B3i) is to build its applications and business network on the Corda blockchain platform, which is developed by software firm R3. 20 June 2018
Insurance
Rating agency AM Best has withdrawn its ratings of Lloyd’s Syndicate 1225, which is managed by AEGIS Managing Agency, at the firm's request. 4 June 2018
Insurance
Ironshore, a Liberty Mutual Company, has appointed Kristin McMahon as head of global claims. 23 November 2017
Insurance
Property/casualty (P&C) CEO bonus payments increased to 393 percent of salary in 2017 from 225 percent of salary in 2016, according to a study by consulting firm Compensation Advisory Partners (CAP). 20 June 2018
Insurance
Hawaii has been hit with strong winds and torrential rain as Hurricane Lane approaches the US state, causing flash flooding and landslides, according to an Aug. 24 BBC News report. 24 August 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has promoted Andrew Beechey to the new role of head of underwriting and strategic development for global financial risks. 22 November 2017
Events
Recent natural catastrophe events including those in Japan will probably have wiped out all the reinsurance premium in the market, Matthew Wilken, deputy head of global reinsurance at Argo Group, told Baden-Baden Today. 24 October 2018
News
Bermuda-based property/casualty reinsurer Third Point Re has reported a profit in the first quarter of 2017 after a loss in the same period a year ago due to significant improvements in investment returns. 5 May 2017
Insurance
Reinsurance broker Guy Carpenter & Company has unveiled a new global capital solutions group and several key leadership appointments, which will become effective after the closing of the JLT acquisition by its parent Marsh & McLennan Companies (MMC). 17 January 2019
Insurance
Bermuda-based Assured Guaranty’s recorded a substantial improvement in net profit in the first quarter due to fair value gains on credit derivatives and the acquisition of MBIA UK Insurance. 5 May 2017
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