Allianz Global Corporate & Specialty (AGCS) has become the latest insurer to enter the blockchain arena with a trial of a global captive programme that enables cash transfers between countries.
AM Best has ratcheted up the pressure on AmTrust by placing key ratings on review with negative implications after revising the carrier's outlook downward in February.
Probitas Syndicate 1492 has hired Marcus Bale, the former active underwriter at defunct ProSight Specialty Syndicate 110, as head of strategy and development for its nascent retail business
Actuarial analysis carried out on behalf of the Florida Hurricane Catastrophe Fund (FHCF) has suggested that its losses related to Hurricane Irma could reach $6bn