Reinsurance
ChainThat Will Debut Blockchain-Driven Risk and Capital Exchange in Bermuda
A blockchain-driven risk and capital exchange for the insurance and reinsurance market is set to be launched in Bermuda later this year by ChainThat. The exchange will allow broker, reinsurance and ...
Still No Brexit Deal Despite Plenty of Compromises From UK PM May
U.K. Prime Minister Theresa May is trying to get her Brexit deal rewritten in Brussels to make it acceptable to Parliament. Since her deal was defeated by a massive 230 votes on Jan 15, May has made ...
U.S. Carriers Pursue Renewal of Federal Terrorism Risk Insurance Program
U.S. insurers are pushing for the extension of a federal terrorism risk insurance program, hoping to fend off a possible gap that would leave their clients scrambling for alternate coverage. The ...
Berkshire Hathaway Launches Irish Insurance Subsidiary for Post-Brexit Operations
Berkshire Hathaway Insurance Group is readying for Brexit with news that its European division is launching an Irish subsidiary that will operate in the European Union. Based in Dublin, the Berkshire ...
The Latest Launches From Allstate and Travelers
Allstate disclosed that its coverage for Uber drivers is now offered in 11 additional states. Travelers' Canadian arm is launching new services for specialty insurance corporate customers that come ...
Marsh, Jardine Lloyd Thompson Will Sell JLT’s Aerospace Unit to Gallagher
Marsh & McLennan Cos. and Jardine Lloyd Thompson have agreed to sell JLT's aerospace business to Arthur J. Gallagher. The arrangement provides for the acquisition of all assets within JLT's ...
Arch Promotes Executives to Innovation, Mortgage Insurance Leadership Roles
Arch Capital Group Ltd. said it has made some strategic leadership changes affecting innovation, investment and mortgage insurance. The Bermuda-based specialty insurer and reinsurer named Andrew ...
Insurers, Other Finance Firms Get 15-Month Regulatory Grace Period if No-Deal Brexit
British regulators will give banks, asset managers, insurers and brokers until mid-2020 to fully comply with rules that replace European Union law in the event of a no-deal Brexit. The Bank of ...