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Insurance giant American International Group (AIG) has partnered with technology firm IBM to develop a "smart" insurance policy that uses blockchain to manage complex international coverage, Reuters reported on June 14. 15 June 2017
Insurance
The maritime industry saw the number of total shipping losses decline by 16 percent year-on-year in 2016 to 85 cases, according to the Safety and Shipping Review 2017 by Allianz. 15 June 2017
Insurance
The Singapore Reinsurers’ Association (SRA) has re-elected Validus Re’s CEO of Asia Pacific and executive vice president Marc Haushofer as the chairman of its executive committee for another term. 14 June 2017
Alternative Risk Transfer
Re/insurer QBE North America, part of QBE Insurance Group, has formed a strategic programme alliance with AmWINS Special Risk Underwriters (SRU) to launch a national excess property programme. 5 June 2017
Insurance
Marsh has created a non-payment insurance product designed for banks and capital market investors that are funding new aircraft purchases from Boeing. 2 June 2017
Insurance
Bermuda-headquartered re/insurer Sirius International that specialises in accident and health (A&H) insurance has acquired International Medical Group (IMG), a provider of global medical insurance products and assistance services. 30 May 2017
Insurance
Bermuda-based re/insurer Aspen Group has appointed Tim Aman as its new group chief risk officer. 25 May 2017
Insurance
UK-based insurer Aviva said on May 25 that it will start a share buy-back of its ordinary shares for up to a maximum consideration of £300 million. 25 May 2017
Insurance
Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Germany's Allianz Group, has appointed Mike Hansen as global head of aviation. 25 May 2017
Insurance
Insurers will have to delete two thirds of the records they hold on past customers, losing a vital sales pipeline, under new data protection laws, research from Consumer Intelligence and fast.MAP suggests. 25 May 2017
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