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Guernsey unveils world-first ESG framework for insurers
Guernsey has created an environment, social and governance (ESG) framework for insurers.
Willis Towers Watson, CMS lead longevity swap demonstrating “remarkable resilience” of market
A large UK pension scheme has completed a £6 billion longevity swap, with Willis Towers Watson and CMS acting as trustees and lead advisers on the deal.
Asian industry groups sign MoU to form the ASEAN Blockchain Consortium
A group of Asian blockchain industry associations have come together to form the ASEAN Blockchain Consortium (ABC) to strengthen cross-border cooperation in developing and promoting blockchain technology.
Guardrisk awarded South Africa’s first microinsurance cell captive licence
Guardrisk has been granted South Africa’s first microinsurance cell captive licence by the Financial Sector Prudential Authority.
Guernsey braced for more pension longevity risk transfer deals after bumper year in 2020
Guernsey is predicting a busy year for pension longevity risk transfer deals, with interest in such structures surging in the last 18 months, according to Guernsey Finance.
Steve Muehler to launch an exchange for captives
The Steve Muehler portfolio of companies is partnering with a network of global insurance carriers and brokers to offer a global captive insurance suite of products and services via a global exchange.
Fast resolution explains popularity of parametric products: Stonybrook Capital
Insureds are attracted to parametric products such as insurance loss warranties (ILW) because of their simplicity and because they offer faster resolution of payments, according to Joe Scheerer, principal and chief executive officer at Stonybrook Capital.
Marsh JLT Specialty appoints UK digital asset leader
Marsh JLT Specialty has appointed Ankur Kacker as UK digital asset leader in the financial and professional (FINPRO) practice.
OutcomeRx launches a reinsurance product to improve access to high-cost specialty drugs
OutcomeRx, a division of CareMetx, has launched a reinsurance product to provide coverage access to high-cost specialty drugs, including therapies in the emerging cell and gene therapy market.
CCRIF pays more than $10m to Nicaragua following Tropical Cyclone Eta
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) will make a payout of $10.7 million to the Government of Nicaragua following the passage of Tropical Cyclone Eta.
