News
Insurance
Bermuda-based Everest Re Group, has appointed Joshila Tailor as the global head of fine art and specie for Everest Insurance International, which includes Everest Insurance Ireland and Lloyd’s Syndicate 2786. 15 July 2019
Insurance
Re/insurer AXA UK & Ireland has appointed David Baker as new chief risk officer, replacing Evan Waks who is leaving to pursue opportunities outside the company. 10 July 2019
Insurance
Cryptocurrencies such as bitcoin could play a significant role in reshaping and strengthening the UK’s financial services sector post-Brexit, according to the CEO and founder of deVere Nigel Green. 10 July 2019
Insurance
Bahrain’s status as the re/insurance hub in the Middle East is waning as other countries in the region have started to overtake it with newer risk based regimes, making the Arab-state’s insurance sector, historically viewed as progressive and comprehensive, look “slightly antiquated”, according to ratings firm AM Best. 10 July 2019
Insurance
Swiss Re Corporate Solutions has appointed Conor Smith as head of contract surety Canada. 10 July 2019
Insurance
An AI-powered tool that “delivers an immediate answer on liability” following a motor accident is being developed by international law firm DAC Beachcroft in partnership with insurtech start up Automated Insurance Solutions (AIS) and claims solutions provider Audatex. 10 July 2019
Insurance
Chicago-based specialty insurance services business Ryan Specialty Group (RSG) has appointed Michael Blackshear as senior vice president and global chief compliance officer. 10 July 2019
Insurance
Global reinsurance capital markets recovered in Q1 2019, increasing by 3 percent to US$605 billion over the three months to March 31, 2019 up from US$585 billion at 2018 year end, according to Aon’s latest reinsurance market outlook. 10 July 2019
Insurance
Specialty re/insurer Brit has hired Garick Zillgitt from Swiss Re and Justin Magee from Redstone Underwriters to strengthen its casualty portfolio in the US. 10 July 2019
Insurance
US-based insurer Assurant has expanded its reinsurance protection, while lowering its per-event retention from $120 million in 2018 to $80 million, as it looks to reduce its catastrophe exposure and boost earnings in 2019. 10 July 2019
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