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New high-speed transportation technology Hyperloop both “feasible and insurable”: Munich Re

October 17, 2017 by Canadian Underwriter

Hyperloop technology – a form of transport in which passengers and goods travel in capsules at high speeds – is both “feasible and insurable in the medium term,” according to a new report from Munich Re. The Hyperloop Transportation Technologies

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The Bitfury Group and Risk Cooperative partner to pioneer blockchain applications in insurance intermediation market

June 19, 2017 by Canadian Underwriter

Blockchain technology company The Bitfury Group and risk and insurance advisory firm Risk Cooperative have announced a strategic partnership to pioneer blockchain applications in the US$60 billion insurance intermediation market. Announced on Friday, the partnership will leverage Bitfury’s expertise in

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Canada Pension Plan Investment Board to acquire Lloyd’s syndicate Ascot Underwriting for US$1.1 billion

September 16, 2016 by Canadian Underwriter

The Canada Pension Plan Investment Board (CPPIB) announced on Friday that it has signed an agreement with American International Group (AIG) to acquire 100% of Ascot, AIG’s Lloyd’s platform, for a “total consideration” of US$1.1 billion. The CPPIB said in

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Dalton Timmis Group expands Alberta presence with new office in Edmonton

July 26, 2016 by Canadian Underwriter

Dalton Timmis Group Inc. is adding an office in Edmonton to accommodate the rapid growth in the region and to expand the brokerage’s presence in Alberta. Already with an office in Calgary, the Edmonton location will also offer a full