Blockchain company B3I, which boasts a plethora of big-name shareholders among its backers, will focus on building its product rather than chasing more funding in the immediate future, B3I CEO John Carolin told Post at a launch event.
MS Amlin is to withdraw from nine lines of business that “no longer form part of its future strategic direction” as part of a wider restructure following an underwriting review.
Reinsurance rates have started to rise after a series of natural disasters in 2017 and 2018, but the increases are not being seen across the board.
Activist investor CIAM has blasted Scor's strategy as "without significant intrinsic value creation" in a letter to the resinsurer's lead director, following reports in the French media on its collapsed merger talks with Covéa.
Markel International has promoted three of its claims leadership team, with a view to giving parts of the business more specialised management.
Following a line of cyber-related regulatory developments, Lloyd's has announced it is mandating that “all non-affirmative policies provide clarity regarding cyber coverage by either excluding or providing affirmative coverage". But according to Barnaby…
The Governor of the Bank of England has described climate as a “big, big issue” for general insurers and reinsurers.
There are obvious parallels between gender inequality in insurance and in sports like football says Aaida Abu Jaber, head of diversity and inclusion at International General Insurance. That is why in June this year, IGI will take part in Equal Playing…
Terrorism has been a constant threat in the UK for more than half a century and has proved hard for security forces to keep up with, so it is hardly surprising that the insurance market too has found itself trying to repair gaps in cover as they emerge
It was the Competition and Markets Authority that recently put paid to Sainsbury’s and Asda’s marriage plans, but there are plenty of other risks that also regularly threaten the success of mergers and acquistions – ranging from the uncovering of…
Exclusive: The litigation group claiming Besso owes a Carribean hotel group almost $10m in concealed brokerage has filed a counterclaim in an ongoing lawsuit.
BMS has appointed Nick Moss as chief financial officer of the group.
Scor's shareholders express their opposition to the “destabilisation” attempt led by the activist fund CIAM.
Insurtech Insurdata has secured $3m (£2.29m) in seed funding from a group of investors led by Anthemis and Menlo Ventures.
Tokio Marine Kiln has appointed Will Curran as head of reinsurance.
Agile is poorly understood by the UK insurance industry - and implemented even worse. That is the view of Oxbow Partners' Chris Sandiland, who offers his own take on how incumbents can best take advantage of an insurtech and innovation strategy
A lot has changed at the AA in the five years since Janet Connor, now director of insurance, joined the organisation. She explains to Jonathan Swift how an investment in data and technology – alongside the relaunch of its insurance company and board…
With the deadline for entering the British Insurance Awards getting ever closer, what better time to introduce the judges who will be casting an eye over these years submissions? Post canvasses them for their favourite memories of previous BIAs and their…
Exclusive: The first hearing in the case of Besso v Bloody Bay was heard today in the commercial court.
Insurers under the government-backed Pool Re scheme will cover business interruption losses in cases of a terror attack.
Beazley saw profits fall 55% last year owing to the continuing affect of natural catastrophe claims on underwriting margins.
Mapfre has appointed Chris Smith to the newly-created position of chief global brokers officer.
Tom Foster started in insurance straight from further education and has already risen to senior reinsurance technician at Ambant.
With the takeover of Ed, BGC president Shaun Lynn believes he now has the person in its CEO Steve Hearn to help it realise its insurance ambitions. The pair spoke to Jonathan Swift about how an investment in technology, talent, globalisation and a finely…