News
Insurance
Everest Insurance International, the specialty insurance division of Bermuda-based Everest Re Group, has appointed Martin Leeks to its Lloyd’s Syndicate 2786 as a medical malpractice and multi-national/ specialty underwriter. 4 July 2019
Reinsurance
Re/insurers’ approach to their investment portfolios varies significantly depending on their position in the market and backers. They are increasingly being forced to take a more holistic approach to this part of the business and also consider the wider implications of how their cash is invested. Intelligent Insurer investigates. 3 July 2019
Insurance
MGAs are the “incubators of innovation”, said John Neal, CEO of Lloyd’s, speaking at the MGAA 2019 conference, as he told delegates that MGAs and coverholders “represent an important and fast growing channel for Lloyd’s”. 3 July 2019
Insurance
Lloyd’s of London has outlined a set of updated targets for its electronic placement mandate for the remainder of 2019 following "impressive adoption" across the specialist re/insurance market. 3 July 2019
Insurance
TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, has re-domiciled its Zurich subsidiary to Luxembourg and has renamed it as TransRe Europe. 3 July 2019
Insurance
Zurich Insurance Group’s CEO Europe, Middle East & Africa (EMEA) Amanda Blanc has resigned with immediate effect. She joined the group in October 2018 from AXA. 3 July 2019
Insurance
Insurance services and investment company Randall & Quilter Investment Holdings has signed a loss portfolio transfer agreement with two of the largest joint powers authorities in California providing property and general liability cover. 3 July 2019
Insurance
Property/casualty insurer Chubb is the latest major insurer to stop underwriting and investing in coal-related policies amid rising climate concerns. 2 July 2019
Insurance
Blockchain insurance initiative B3i successfully stress tested its Property Catastrophe Excess of Loss Reinsurance application recently with a hackathon in Zurich, Switzerland. 1 July 2019
Insurance
Japanese insurer Sumitomo Life Insurance Company has made a $90 million investment in Singapore Life and acquired approximately 25 percent of the total issued and outstanding shares in the company. 1 July 2019
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