Zurich
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Blackstone’s insurance arm has hired Guggenheim’s Schram and Goldman’s Relihan.
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The insurer-owned blockchain start-up B3i is to build its systems on a blockchain platform developed by banking sector technology consortium R3.
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Other potential acquisitions being eyed by CEO Oliver Bäte include Zurich and QBE.
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$71mn of claims were paid in the first quarter of this year, according to ABI data collated from nine carriers.
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The figure will cover claims against the liability policy of vehicle rental company Enterprise. -
Berkshire Hathaway is understood to have shown early interest in the UK employers' liability book.
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The Swiss carrier has also signed a multi-year partnership deal with the InsurTech firm.
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Regulator has put the capitalisation of Enstar and RiverStone UK EL deals in focus.
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The deal builds on a European commercial partnership Zurich announced in February.
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The incoming EMEA CEO of Zurich will be the first woman to chair the trade body.
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Buyer Allianz would probably offer shares for its Swiss peer, the analysts say.
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George Quinn's comments appear to lengthen the odds of tie-up between the Swiss carrier and Germany's Allianz.
