News
Insurance
Florida-based Peachtree Casualty Insurance Company has completed its first assumption of legacy liabilities since its acquisition by SOBC DARAG in November 2018. 25 June 2019
Insurance
Liberty Mutual Re, a part of Liberty Mutual Insurance Group, has appointed Jens Voges as senior underwriter and product leader of marine & energy within its London market risks (LMR) team. 20 June 2019
Insurance
French insurer AXA has unveiled leadership changes that will take effect after the departure of its group chief financial officer (CFO) Gérald Harlin, who is leaving the company after 29 years. 20 June 2019
Insurance
The US government’s current Terrorism Risk Insurance Act (TRIA) must be reauthorised this year, even though the programme expires at the end of 2020, the American Property Casualty Insurance Association (APCIA) has warned. 19 June 2019
Insurance
Ken Randall will no longer serve as the group chief executive officer (CEO) of Randall & Quilter Investment Holdings (R&Q), and will hand over the reins to Alan Quilter, who co-founded the business with him in 1991. 19 June 2019
Alternative Risk Transfer
Twelve Capital, an independent investment manager specialising in insurance with approximately $4 billion in assets under management, is expanding its product range for insurance-linked securities (ILS) investors, including cat bonds, collateralised reinsurance and multi-asset offering, across its target markets in Europe. 19 June 2019
Insurance
Insurtech ChainThat, a provider of blockchain solutions for the re/insurance industry, has gained approval to be the first company to join the Bermuda Monetary Authority (BMA) Innovation Hub. 19 June 2019
Insurance
AXA XL, the property & casualty and specialty risk division of AXA, has named AIG's Robert Klepper as chief underwriting officer (CUO) of short-tail insurance lines. 19 June 2019
Insurance
Property/casualty insurer WR Berkley Corporation has appointed Daniel Spragg as president of Berkley Select, the company’s professional liability insurance unit. 19 June 2019
Insurance
BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners which owns Ed and Besso, is launching a new specialist global aviation and aerospace re/insurance intermediary under the leadership of JLT's Marcel Chad. 18 June 2019
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