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Updated: 1 hour 37 min ago

Swiss insurer Helvetia enters aviation insurance market

30 September, 2019 - 10:02
Swiss insurer Helvetia is entering the aviation insurance market offering worldwide coverage for passenger liability, third-party liability and comprehensive cover with a maximum limit of $125 million.

Miller bolsters international professional risks unit to navigate a 'difficult market'

30 September, 2019 - 09:46
Re/insurance broker Miller has hired Dominic Leckie and Gareth Jones to further strengthen its UK & International wholesale professional risks team.

AXIS Capital appoints Martin McCarty to global treasurer role

30 September, 2019 - 09:24
Bermuda-based AXIS Capital Holdings has appointed Martin McCarty as the company’s global treasurer.

Verisk Analytics ordered to pay $125m for infringing patents and told to stop selling some products

27 September, 2019 - 15:31
Verisk Analytics, a major supplier of products to the insurance industry, has been stopped from selling some of its products in the United States and ordered to pay $125 million by a court, which said the company had willfully infringed patents.

London Market Group shuts down market modernisation programme LM TOM

27 September, 2019 - 15:26
The board of the London Market Group (LMG) has confirmed that its market modernisation programme, the London Market Target Operating Model (LM TOM), will cease to operate in its current form.

AM Best changes ProAssurance outlook over 'negative trend' in operating performance

27 September, 2019 - 14:56
Ratings agency AM Best has revised the outlook of specialty insurance company ProAssurance Corporation to negative from stable, expressing concern over its operating performance in recent years.

AXA XL’s New Energy Risk plans business expansion with strategic hires

27 September, 2019 - 14:06
New Energy Risk, an affiliate of global insurer AXA XL, has made several key hires and promotions to drive its future growth strategy as the company plans expansion into new technology sectors.

CCRIF pays out $12.8m to Bahamas government for Hurricane Dorian

27 September, 2019 - 11:15
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has paid out $12.8 million to the Bahamas Government for Hurricane Dorian that caused widespread devastation in the northern part of the country.

Jason Windsor assumes CFO role at Aviva

27 September, 2019 - 10:57
UK insurer Aviva has appointed Jason Windsor as new chief financial officer (CFO) and executive director of the company, replacing Tom Stoddard who stepped down from the position in June.

AXA overtakes AIG to lead US D&O, which sees double-digit rate increases

27 September, 2019 - 10:47
AXA has overtaken AIG in the United States directors and officers (D&O) liability market, a sector that has seen double-digit rate increases in the past year.

Chartered Insurance Institute seeks public’s view on ethical issues in data gathering

27 September, 2019 - 10:33
The Chartered Insurance Institute (CII) has welcomed a report saying that consultation with the public is essential in reaching a consensus on what constitutes responsible use of artificial intelligence (AI) and data.

FWD Group closes $3bn SCB Life acquisition deal; appoints new CEO from AXA

27 September, 2019 - 10:22
Asian insurer FWD Group has appointed David Korunić as the new chief executive officer for SCB Life Assurance Public Company (SCBLIFE), following the completion of its acquisition of SCBLIFE from The Siam Commercial Bank Public Company (SCB).

Willis Towers Watson appoints Joe Peiser to lead global broking strategy

27 September, 2019 - 10:09
Broker Willis Towers Watson has appointed Joe Peiser as global head of Broking within its corporate risk and broking segment.

The Hartford names Deepa Soni as new chief information officer

27 September, 2019 - 09:47
US-based property/casualty insurer The Hartford has appointed Deepa Soni as new chief information officer (CIO), succeeding Mark Esposito, who is retiring after a 13-year career with the company.

Markel builds new claims leadership team for wholesale and national markets business

26 September, 2019 - 15:43
Specialist insurer Markel International has formed a new leadership team for claims across its wholesale and national markets businesses.

Tarian Underwriting launches new cyber insurance platform targeting UK brokers

26 September, 2019 - 15:39
London-based Tarian Underwriting, a specialist provider of tailored cyber and technology risks solutions, has launched a new ‘quote to bind’ insurance platform targeting UK brokers.

Insurtech raises $37m funding to expand cyber insurance coverage

26 September, 2019 - 15:32
San Francisco-based insurtech, a provider of cyber resilience solutions, has secured $37 million funding led by Lightspeed Venture Partners and Founders Fund with participation from CRV and UL Ventures.

AIG hires senior Argo and Chubb leaders for global specialty business

26 September, 2019 - 15:25
American International Group (AIG) has appointed two senior leaders in its global specialty business to drive underwriting strategy for aerospace and energy & construction practices.

Scott Hallett appointed to new role of investment director at GRP

26 September, 2019 - 11:52
Global Risk Partners (GRP) has appointed Scott Hallett to the newly-created role as investment director.

Insurance groups urge delay on IFRS 17 until 2023 as 'significant issues not addressed’

26 September, 2019 - 11:47
Insurance bodies have called on the International Accounting Standards Board (IASB) to delay the implementation of IFRS 17, the new accounting standard, to 2023, saying a “number of significant issues have not been addressed”.


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