News

Insurance

Lloyd's appoints former US Senator John Sununu to council

Specialist insurance and reinsurance market Lloyd's has appointed former United States Senator John Sununu as a new member of its Council for a three-year term, beginning Feb 6, 2019.   30 January 2019

Insurance

WR Berkley posts positive 2018 results but shrinks reinsurance unit

WR Berkley posted positive results for 2018 despite what it called a period of elevated worldwide catastrophes, but it shrank its reinsurance unit stressing that it will “grow where it can achieve its targeted return, while de-emphasizing less attractive opportunities”.   30 January 2019

Insurance

Chubb inks 15-year distribution deal with Banco de Chile

Insurer Chubb has entered into a 15-year life and general insurance distribution agreement with Banco de Chile, the largest bank based in Chile, to further expand its presence in the Latin American market.   28 January 2019

Insurance

AIG appoints new global head of accident and health from Chubb

American International Group (AIG) has appointment Edward Levin as global head of accident & health, general insurance.   28 January 2019

Insurance

Allied World reshuffles Bermuda leadership in growth strategy

Allied World Assurance Company Holdings has reshuffled the leadership of its Bermuda operations as part of its growth and expansion strategy on the island.   28 January 2019

Insurance

QBE Europe hires Allianz exec to head commercial motor business

Specialist insurer QBE has hired a senior executive from Allianz as director of motor for the UK.   28 January 2019

News

Terra Brasis Re renews $5m cat bond deal with AIG's AlphaCat

AIG's insurance-linked securities (ILS) unit AlphaCat Managers has completed a $5 million private catastrophe bond transaction with Brazilian reinsurer Terra Brasis Re.   28 January 2019

Insurance

Strange bedfellows: risks and rewards as re/insurers dabble in venture capital

The race to reap the rewards of insurtech has prompted a growing number of re/insurers to launch their own venture capital arms—but this comes with potential risks as well as rewards. Intelligent Insurer investigates.   21 January 2019

Insurance

Guy Carpenter restructures, reshuffles leadership post JLT deal

Reinsurance broker Guy Carpenter & Company has unveiled a new global capital solutions group and several key leadership appointments, which will become effective after the closing of the JLT acquisition by its parent Marsh & McLennan Companies (MMC).   17 January 2019

Insurance

Berkshire Hathaway enters new market with SCOR, QBE, AXA XL hires

Berkshire Hathaway Specialty Insurance (BHSI) is expanding into the property construction insurance market in the UK and Ireland.   17 January 2019

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