News
Insurance
Technology will be the key to making the insurance industry more accessible—but the pace of innovation must also match the opportunity and demand, Gerry Tighe, head of treaty, Matrix Insurance & Reinsurance Brokers, told Monte Carlo Today. 9 September 2018
Insurance
Bermuda-based Randall & Quilter (R&Q) Investment Holdings has revealed a corporate restructuring to create a new division comprising of its US and European programme management businesses. 7 September 2018
Insurance
AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” of Spain-based Mapfre Re. Mapfre Re is a subsidiary of Mapfre, the non-operating holding company of the Mapfre group. 7 September 2018
Insurance
Recent natural catastrophes are likely to have only limited impact on reinsurers as the bulk of the losses will be borne by primary insurers, according to S&P Global Ratings. 6 September 2018
News
As part of a reorganisation of its Global P&C operations, SCOR has revealed a number of key appointments. 5 September 2018
News
SCOR Global P&C will be organised around three business units plus transverse functions, which will all cooperate for clients’ benefit, according to a corporate presentation. 5 September 2018
Insurance
Chicago-based commercial insurer CNA has appointed Michael Costonis as its new chief operations officer (COO), responsible for leading all information technology, analytics and operations functions across the organisation. 5 September 2018
Insurance
Broker Lockton has launched a new investment banking and capital markets operation in New York and has appointed Vishal Jhaveri as its CEO. 5 September 2018
Insurance
Lloyd’s Asia has signed a memorandum of understanding (MoU) with the Intellectual Property Office of Singapore (IPOS) to expand the portfolio for intellectual property (IP) insurance products. 5 September 2018
News
Munich Re reclaimed the No. 1 position from Swiss Re in AM Best’s 2018 annual ranking of the Top 50 Global Reinsurance groups. 5 September 2018
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