A group of eight leading insurers, brokers, and reinsurers have established a microinsurance consortium and microinsurance venture incubator (MVI).
Miller Insurance Services LLP has reached a successful conclusion to the negotiations with Willis Group Holdings to form a leading London wholesale specialist broking firm.
Bermuda has been the domicile of choice for 57% of Insurance Linked Securities (ILS) during 2014, and the island is committed to retaining its top position for the creation, listing and servicing of the vehicles in 2015, said Bermuda Stock Exchange in a recent press statement.
ACE Group launched a new, independent cyber risk business unit early this year as it continues to strengthen its local underwriting and risk management capabilities across Continental Europe and build its market leadership in this growing area of emerging risk.
The Geneva Association and the International Insurance Society (IIS) have announced the winners of their collaborative insurance research programme, the Shin Research Excellence Awards, which is endowed by Kyobo Life Insurance Company.