Operations/tech
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The asset manager said there was “significant opportunity” within the reinsurance and retrocession market.
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An additional 88 brokers have also signed up to the delegated authority platform.
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The European carriers’ Chinese expansion coincides with a relaxation of financial sector ownership rules.
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The hire follows a tie-up between the broker and InsurTech.
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Enstar has completed its previously announced $200m investment in AmTrust.
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The Fema-managed state flood programme is due to expire at the end of the month. -
The table comprises the first set of market-wide data for risks placed electronically.
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The driving force behind the Corporation’s modernisation efforts will depart when a successor is found.
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A new three-year plan targets at least $1.7bn in debt reduction and acquisitions within asset management.
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A fully electronic marketplace is within grasp as phase two of the Target Operating Model process approaches.
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DL Dale, Skuld and China Re were the lowest users of electronic placing in the third quarter.
