The Trustee of the £1 billion Merchant Navy Ratings Pension Fund (MNRPF) has entered into a transaction with Metropolitan Life Insurance Company (MetLife) to manage longevity risk of around £450 million of pensioner and dependant liabilities.
Employment Practices, Risk Management France
Agents and Brokers, Cyber Risks, Emerging Risks, P/C Insurers, Products & Services, Technology Lloyd’s of London, Willis Towers Watson
Canadian property and casualty (P&C) insurer Intact Financial Corporation, and Scandinavian insurer Tryg A/S, has announced the completion of the sale of Codan Forsikring A/S’s Danish business – Codan Denmark (Codan DK) to Alm. Brand A/S Group.
ACORD, the standards-setting body for the global insurance industry, has announced that its Global Insurance Stock Index outperformed the broader market for the second consecutive quarter in a row, delivering a return of 28.9% compared to the worldwide average of 17.3%.
Emerging Risks, P/C Insurers, Risk Management The Travelers Cos.
Speaking on a panel earlier today as part of global broker Aon’s Reinsurance Renewal Season coverage, Rachel Turk, Chief Underwriting Officer at the specialist Lloyd’s insurance and reinsurance marketplace, said that there’s “plenty of growth opportunities around” as the market looks to stay ahead of volatility.
QBE Re, the reinsurance arm of QBE Insurance Group, has announced the appointment of Cindy Foo to the newly created role of Head of Asia, Treaty.
Asbestos & Environmental, P/C Insurers
Consilium, a specialist re/insurance brokerage, has announced that its Risk Solutions division is launching a dedicated UK Contractors’ All Risks (CAR) facility.
