News
Insurance
Broker Marsh has launched a cloud-based digital broker platform for the affinity market. 15 November 2018
Insurance
B3i, the blockchain insurance industry initiative, is cooperating with RiskBlock Alliance in the development and setting of data standards for the insurance industry. 15 November 2018
Insurance
Brit’s chief financial officer (CFO) Mark Allan has been appointed new chairman of the finance committee of the Lloyd’s Market Association (LMA). Allan succeeds John Dunn, CFO of Liberty Specialty Markets (LSM), in the role. 12 November 2018
Insurance
The insurer made a net profit of €1.9 billion in the third quarter, an increase of 23.6 percent compared with the same period the year before. 9 November 2018
Insurance
Africa Re made an underwriting loss in the third quarter of 2018 while its investment portfolio also suffered – but its CEO said he remains positive it can produce a good underwriting profit and a commendable investment performance for the whole of 2018. 9 November 2018
Insurance
Neil Maidment, Beazley's chief underwriting officer (CUO), has been appointed as an independent non-executive director of Lloyd’s board with effect from February 2019. 9 November 2018
Insurance
The Standard Club Asia, managed by Charles Taylor Mutual Management (Asia), has collaborated with Chinese insurer Ping An to underwrite protection and indemnity (P&I) risks in China. 9 November 2018
Insurance
AXIS Capital Holdings has said its preliminary pre-tax loss estimate for Hurricane Michael will be in the range of $100 million to $120 million, net of estimated recoveries from reinsurance and retrocessional covers and including the impact of estimated reinstatement premiums. 9 November 2018
Insurance
New insurtech startup Pricing Platform has developed a new software application that it claims will transform the commercial property underwriting market. 9 November 2018
News
Munich Re has expanded the property/casualty (P&C) reinsurance business by 16 percent year on year in the first nine months of 2018 and chief financial officer Jörg Schneider is confident that this new business is of good quality. 7 November 2018
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