Citi joins blockchain bond exchange
Global custodian Citi Securities Service has announced its membership of BondbloX Bond Exchange (BBX), a DLT-based platform that claims to be the world’s first fractional bond exchange.
AXIS Re names Matthew Krizmanic as Casualty Treaty Underwriter
AXIS Re, the reinsurance arm of Bermuda-based AXIS Capital Holdings, has announced the appointment of Matthew Krizmanic as Casualty Treaty Underwriter.
Claims from festive storms set to maintain pressure on UK non-life insurers: AM Best
Claims stemming from two named storms and widely poor weather conditions in the UK over Christmas and the New Year will maintain pressure on non-life insurers’ profitability, though losses will “likely be manageable” according to AM Best.
Court refuses to dismiss golf course operators suit against Willis
Coverage Disputes AIG, Willis Towers Watson
Jury indicts suspected Capital One hacker for wire fraud, data theft
Cyber Risks, General liability, Technology
Ardonagh Specialty’s Price Forbes shifts all lines of business to Whitespace Platform
Whitespace, a fully digital e-trading platform and Verisk company, has revealed that Ardonagh Specialty’s Price Forbes has “dramatically widened” its adoption of the Whitespace Platform.
Cyber events top global business risk for 2024: Allianz Risk Barometer
In its latest Risk Barometer, Allianz reveals that cyber incidents have claimed the top spot as the foremost global business risk for 2024.
Sompo Intl. granted licence to write primary insurance in France
Sompo International, a global provider of commercial and consumer property and casualty (P&C) re/insurance, has announced that it has been granted a licence to write primary insurance in France by the French Prudential Supervision and Resolution Authority (ACPR).
Food manufacturer may amend COVID business interruption suit
Catastrophes, Coronavirus, Coverage Disputes, Emerging Risks, P/C Insurers Allianz
Abortion laws create medical liability concerns
Workers Comp, Workers Comp Coverage, Workers Comp Pricing
Lockton Re names Anthony DiLorenzo as US Casualty Broking Leader
Lockton Re, the reinsurance business of independent insurance broker Lockton, has appointed Anthony DiLorenzo as US Casualty Broking Leader, based in Philadelphia.