Swiss Re

The firm will still provide reinsurance for risks associated with energy generation from fossil fuels.

The insurer-owned blockchain start-up B3i is to build its systems on a blockchain platform developed by banking sector technology consortium R3.

The reinsurer has raised $530.5mn of Sector Re debt since December.

CalFire pins blame for 12 Wine Country fires on trees falling into PG&E power lines.

Scotti will hand over Canada post on 1 July to take up role as global partnership chairwoman in Zurich.

Regulators find state law may have been broken on separating trees and power lines.

Both with SoftBank and with Carl Icahn’s 9 percent stake-build in AmTrust, the potential for investors to be so much more than equity capital has been underlined.

A spokesman for the reinsurer said the carrier remained open to other potential anchor shareholders.

The appointment precedes a fundraising drive by the blockchain body, which was incorporated as a Swiss company in March.

Over the past five years, vehicles that outsource underwriting to other companies have formed one of the fastest-growing segments of the ILS market, from a standing start.

The state’s newly signed insurance business transfer law goes into effect in November.

Swiss Re's investors don't have time to read the tea leaves or the tarot cards.