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Updated: 4 min 50 sec ago

SCOR’s Kessler highlights record €15.2 billion GWPs

20 February, 2019 - 11:43
In a year marked by high levels of natural catastrophe, reinsurer SCOR still manages to deliver “robust growth” in its 2018 annual results.

AM Best unveils senior management restructure amid cost-cutting drive

20 February, 2019 - 10:56
Re/insurance rating agency AM Best is changing its senior management structure to cut costs and strengthen its Asia Pacific business following a "strategic review" of its core markets.

AAIC launches cyber insurance for farmers, ranchers and SMEs

20 February, 2019 - 10:48
The American Agricultural Insurance Company (AAIC) has launched a cyber insurance product to protect small business owners and farmers/ranchers from the growing risks they face.

MGAA bolsters board with Markerstudy co-founder Humphreys

20 February, 2019 - 10:21
The Managing General Agents’ Association (MGAA) has appointed Gary Humphreys, group underwriting director at Markerstudy Group, as a new board director at its annual general meeting.

Risk modellers grapple with wildfire risk in wake of record losses

20 February, 2019 - 10:17
The Californian wildfires of 2018 set new records in terms of losses and left risk modelling agencies scrambling to reassure insurers they can get a handle on the risks.

Allianz boosts Allianz X digital investment fund to €1bn after 'pleasing' performance

20 February, 2019 - 09:48
German-based Allianz Group has increased the size of its digital investment unit Allianz X, making it one of the largest corporate venture funds in Europe.

SCOR appoints Conoscente as Global P&C CEO as Peignet retires

20 February, 2019 - 09:41
French reinsurer SCOR has appointed Jean-Paul Conoscente, currently CEO of reinsurance at SCOR Global P&C, as chief executive officer of SCOR Global P&C.

Blockchain-powered insurtech launches to 'disrupt' motor market

19 February, 2019 - 15:32
Insurtech start-up VouchForMe, a blockchain-powered peer-to-peer insurance model based on social proof endorsements, has launched in the UK with the aim to "disrupt and revolutionise the insurance industry".

Stricter EU rules drive ‘rise in workloads and stress’ for insurance staff

19 February, 2019 - 15:24
Insurers and unions warn of a “substantial rise in insurance employees’ workloads and stress” as a result of stricter European Union financial rules, brought in after the 2008 crisis.

Everest adds retail property expert from Ironshore

19 February, 2019 - 14:39
Everest Insurance hired Kevin Flaherty to join its retail property team in the US East region.

Chubb appoints new life sciences leader for the UK and Ireland

19 February, 2019 - 14:38
Insurer Chubb has appointed Louise Joyce as life sciences manager for the UK and Ireland. She will be responsible for leading Chubb's life sciences team and overseeing its strategic development and execution.

Aspen follows AXIS recruit with Liberty cyber underwriter in London

19 February, 2019 - 14:37
Aspen Insurance has hired an experienced cyber and errors and omissions (E&O) underwriter for its London-based cyber team, which is headed by Mauro Signorelli.

Ageas hires Aspen UK CFO Jonathan Price

19 February, 2019 - 14:36
Insurance group Ageas has hired a new chief financial officer (CFO) for its UK business from Aspen Insurance Group.

UK Government appoints data firm Floow ‘to make car insurance smarter’

19 February, 2019 - 11:02
The UK government has appointed data analytics and telematics firm Floow to advise on a project to help motorists and the insurance sector “embrace new technologies” to reduce incidents on UK roads and make car insurance “smarter”.

Preservation Capital invests in US MGA Cove Programs post Ascent deal

19 February, 2019 - 10:20
Mid-market private equity firm Preservation Capital Partners, which last year acquired Ascent Underwriting, has made another strategic investment in a US-based specialist managing general agent.

Global Risk Partners snaps up specialist equestrian broker Shearwater

19 February, 2019 - 09:57
Global Risk Partners (GRP) has acquired Shearwater Insurance Services, a insurance broker based in Waltham Cross, Hertfordshire.

RMS launches new HD wildfire risk model for US

19 February, 2019 - 09:56
Risk modelling and analytics firm RMS has unveiled a new model for addressing wildfire risk across the United States, claiming it to be the "most comprehensive solution" in the market.

Former Lloyd's of London chairman David Rowland passes away

19 February, 2019 - 09:55
David Rowland, chairman of the Lloyd's of London between 1993 and 1997, has passed away, Lloyd's said in a statement. He was 85.

Antares appoints Battle as CEO as Redmond switches roles

18 February, 2019 - 16:15
Antares, the Lloyd’s Managing Agency and member of the QIC Group, has appointed a new chief executive officer as its current leader moves roles.

RLI partners with insurtech DataCubes to optimise underwriting process

18 February, 2019 - 15:05
US specialty insurer RLI has partnered with insurtech start-up DataCubes to optimise its underwriting process.

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