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Updated: 4 min 26 sec ago

AXA retail managing director Gareth Howell departs; interim successor revealed

14 February, 2019 - 15:48
AXA UK has made changes to its insurance leadership team following the departure of Gareth Howell, executive managing director of AXA Retail.

Chubb appoints new head of financial lines for Continental Europe

14 February, 2019 - 15:47
Property/casualty insurer Chubb has appointed Kyle Bryant to the newly-created position of head of financial lines for Continental Europe.

Friese of NN Group highlights Delta Lloyd acquisition in 2018 results

14 February, 2019 - 11:50
Dutch insurer NN Group saw a major net result loss in its full year results but Lard Friese, NN Group’s CEO, pointed to a positive operating result in a year that saw the integration of Delta Lloyd and a major cost reduction program.

AIG’s Duperreault highlights 2018 loss reduction and forecasts growth

14 February, 2019 - 11:23
Efforts to rectify issues in AIG’s core underwriting capabilities appear to be paying off as losses reduce year on year in its 2018 results, with Brian Duperreault, AIG’s president and chief executive officer, predicting the firm will “accelerate our progress in 2019”.

Holborn swoops for Gen Re veteran as chief production officer

14 February, 2019 - 10:47
US-based reinsurance broker Holborn Corporation has hired a Gen Re executive with more than 30 years of industry expertise to enhance its existing client relationships across its three offices in New York City, Minneapolis and Kansas City.

Markel hires trade credit underwriter from Coface Dubai

14 February, 2019 - 10:46
Specialist insurer Markel International has hired Ramzi El Kadi as underwriter in its trade credit, political risk and surety operation in Dubai.

RGA reinsures Manulife longevity risk

14 February, 2019 - 10:45
Reinsurance Group of America (RGA) has completed a longevity reinsurance deal with Canadian multinational insurance and financial services company Manulife.

MS Amlin unveils new 'all risk' tech policy to fill coverage gaps

14 February, 2019 - 10:44
Specialty re/insurer MS Amlin has launched a new 'all risks' insurance policy specially designed for the technology sector.

Munich Re leads $7m investment in commercial auto insurtech Inshur

14 February, 2019 - 10:42
Commercial auto insurtech Inshur has raised $7 million in a Series A funding round led by Munich Re Ventures, with participation from venture capital firm MTech Capital.

USI Insurance snaps up wholesale broker US Risk

14 February, 2019 - 10:14
Texas-based US Risk Insurance Group, a specialty lines underwriting manager and property/casualty wholesale broker, has entered into a definitive agreement to be acquired by USI Insurance Services, a insurance brokerage and consulting firm.

Arch's Q4 results hit by hurricane and wildfires losses

13 February, 2019 - 16:18
Bermuda re/insurer Arch Capital Group saw its income fall year-on-year in fourth quarter 2018, primarily due to the impact of catastrophic events in the year

UK's Pool Re approved to cover non-damage terror losses

13 February, 2019 - 15:08
UK terrorism mutual reinsurer Pool Re has received Parliamentary approval to cover non-damage business interruption losses in the wake of a terrorist attack.

Pioneer poaches cargo underwriter from Pembroke

13 February, 2019 - 14:16
Pioneer Underwriters, the underwriting group within Minova Insurance Holdings, has appointed Andrew Corton as a project cargo underwriter based in London.

Lloyd’s approves Beazley-backed Digital Risks as a coverholder

13 February, 2019 - 14:16
UK-based insurtech startup Digital Risks, a digital-only insurance broker, has achieved Lloyd’s coverholder status, enabling it to cover more specialist risks and insure UK businesses that trade internationally.

SSL Endeavour reveals management shake-up post merger; Karen Allen steps down

13 February, 2019 - 14:15
Lloyd's broker and delegated authority specialist SSL Endeavour, which has merged under private investment firm JC Flowers, has reshuffled its management team. The move has led to the departure of top executives such as Karen Allen who joined the company nearly four months ago.

Assurant’s Colberg expects further value on back of TWG purchase

13 February, 2019 - 14:09
US-based insurer Assurant saw its 2018 net earned premiums and other income rise substantially on the back of its acquisition of The Warranty Group (TWG) in May 2018.

InsurTech TrackActive collaborates with Gen Re to ‘reinvent’ healthcare insurance

13 February, 2019 - 11:11
TrackActive, a UK-based InsurTech startup, said it is on target to raise the £300k it needs in seed funding after it partnered with Gen Re, lead investor HR Tech Partnership, and other angel investors through Seedrs.

Ryan Specialty acquires International Specialty Insurance Services

13 February, 2019 - 10:54
Chicago-based Ryan Specialty Group (RSG) has signed a definitive agreement to acquire the assets and operations of International Specialty Insurance Services (ISI).

RSG's Lodestar Marine and Aspen strike P&I insurance deal

13 February, 2019 - 10:53
London-based managing general agent Lodestar Marine, a part of Ryan Specialty Group (RSG), has entered into an agreement with Bermuda-based Aspen Insurance to provide protection and indemnity (P&I) insurance to the owners of small and specialised ships.

Generali acquires Sycomore controll in asset management strategy

13 February, 2019 - 10:52
Italian insurer Generali has completed the acquisition of a majority stake in Sycomore Factory SAS, the controlling company of Paris-based Sycomore Asset Management.

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