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Insurance
The former chairman of China Insurance Regulatory Commission (CIRC) Xiang Junbo has been formally charged on suspicion of taking bribes, Reuters reported on April 16. 17 April 2018
Insurance
French insurer AXA and managed general agency (MGA) Gresham Underwriting (GUL) have entered into a three-year partnership under which AXA will provide £20 million of capacity. 17 April 2018
Insurance
Insurance broker Marsh is launching a commercial blockchain solution for proof of insurance in collaboration with IBM, ACORD and ISN. 17 April 2018
Insurance
Bermuda-based Monument Re, through its European subsidiary Laguna Life, has acquired a run-off portfolio of flexible premium retail life insurance contracts from Ethias, known as the First A Portfolio. 17 April 2018
Insurance
Tom Rutter, chief executive officer of Sunderland Marine, is to retire on June 30 after nearly four decades with the company. 17 April 2018
Insurance
New York-based Mutual insurer of US municipal bonds Build America Mutual (BAM) is expanding its claims-paying resources by $100 million through a collateralized reinsurance agreement with Fidus Re, a special-purpose insurer created solely to provide collateralized reinsurance protection to BAM. 17 April 2018
Insurance
The re/insurance industry loss from extratropical cyclone Friederike (also called David) has reached €1.63 billion, according to Zurich-based catastrophe insurance data provider PERILS. 17 April 2018
News
The ways risks are likely to change due to artificial intelligence (AI) are manifold, presenting many challenges to the insurance industry, but they are the subject of much current debate and development, as Allianz and SCOR suggest in their reports. 13 April 2018
Insurance
Insurance broker Marsh has named Chris Lay as new CEO of its UK & Ireland region, succeeding Mark Weil who is leaving Marsh to take up a senior role in the private equity sector. 13 April 2018
Insurance
American International Group (AIG) has appointed XL Catlin's Anthony Vidovich as chief claims officer, general insurance. 13 April 2018
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