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Updated: 2 hours 11 min ago

Asian insurer FWD partners with Pacific Life Re on automated underwriting technology

30 July, 2019 - 10:30
Asian insurer FWD partners with Pacific Life Re on automated underwriting technology

AXA XL promotes Simona Fumagalli to lead European financial lines business

30 July, 2019 - 10:29
AXA XL Insurance has appointed Simona Fumagalli as head of international financial lines, Europe, based in Milan.

Chubb appoints Blizzard to grow A&H business in UK & Ireland, Eurasia & Africa

30 July, 2019 - 10:28
Property/casualty insurer Chubb has appointed Janene Blizzard as vice president of accident and health for the UK and Ireland and its Eurasia and Africa region.

LMG urges ministers to back Brexit deal based on ‘equivalence'

29 July, 2019 - 15:22
As Michael Gove, a senior minister in Prime Minister Boris Johnson’s new government, told the UK’s Sunday Times newspaper that the government was working to the assumption of a no-deal Brexit, the London Market Group (LMG) has published its Brexit update report ‘A new relationship with the European Union’.

Arthur J Gallagher lauds ‘outstanding’ Q2 2019 results plus growth in H1 of the same year

29 July, 2019 - 15:13
Broker Arthur J Gallagher saw “outstanding” results in the second quarter of 2019, while its half year figures, also ending June 30 2019, showed healthy growth in its brokerage segment.

AXA XL bolsters London reinsurance leadership with Hiscox, Greenlight hires

29 July, 2019 - 15:07
Re/insurer AXA XL has made three key appointments to its London reinsurance team from Hiscox and Greenlight.

Nexus acquires London-based financial and professional lines MGA Plus Risk

29 July, 2019 - 13:56
Specialty managing general agent (MGA) Nexus Group has acquired Plus Risk (PRL), a London-based financial and professional lines MGA providing management liability and niche professional indemnity insurance.

Hiscox delivers $168m profit for H1 2019 despite challenging claims, says CEO Masojada

29 July, 2019 - 10:57
Hiscox has delivered profits in its results for the first six months of 2019 “despite a more challenging claims experience”, said Bronek Masojada, chief executive at the re/insurer.

PartnerRe enjoys solid growth in Q2 2019; CEO says market conditions are improving

29 July, 2019 - 10:54
Bermuda-based reinsurer PartnerRe enjoyed solid growth and improved non-life combined ratio in the second quarter of 2019. The results were driven by strong property/casualty performance and investment gains.

Insurtech investment remains buoyant in Q2 2019, hits $1.4bn mark: Willis Towers Watson

29 July, 2019 - 10:52
Investors splurged $1.41 billion on insurtech firms in the second quarter of 2019, marking the fourth consecutive occasion where investments exceeded $1.2 billion.

ArgoGlobal appoints new active underwriter for Lloyd's Syndicate 1200

29 July, 2019 - 10:50
Lloyd's insurer and member of Argo Group, ArgoGlobal, has appointed John Moffatt to serve as active underwriter for Syndicate 1200, replacing Steve Eccles who is leaving the company immediately.

US-based Cobbs Allen launches new specialty broking unit

29 July, 2019 - 10:48
US-based independent agency Cobbs Allen has launched a specialty insurance brokerage business with the hiring of senior insurance executives Paul Sparks and Darren Sonderman.

Marsh appoints JLT's Ian Drillot as head of Guernsey captive operations

29 July, 2019 - 10:45
Broker Marsh has appointed Ian Drillot as new head of office, Marsh Captive Solutions, Guernsey, succeeding Stephen Hawkes, who is returning to the UK to take up a new role developing the company's international captive solutions.

Aon reports ‘strong organic growth’ for four quarters in Q2 2019 results

26 July, 2019 - 15:29
Broker Aon reported “strong organic revenue growth”, for the fourth consecutive quarter, in its 2019 second quarter results, published today (26 July).

Kingstone increases catastrophe reinsurance cover by 35% to $602.5m at renewal

26 July, 2019 - 15:20
Property/casualty insurance holding company Kingstone, through its wholly-owned subsidiary Kingstone Insurance Company (KICO), has signed new reinsurance treaties with multiple carriers for the treaty year beginning July 1, 2019.

Blue Capital Re to wind up operations, pursue run-off of liabilities and in-force treaties

26 July, 2019 - 15:12
Blue Capital Reinsurance Holdings has decided to cease active operations and pursue an orderly run-off of its liabilities and in-force portfolio and return capital to shareholders as it winds up operations.

Arch secures $700m ILS reinsurance for mortgage risk with Bellemeade Re

26 July, 2019 - 15:05
Bermuda-based Arch Capital Group' US mortgage insurance operation Arch Mortgage Insurance Company (Arch MI) has confirmed a $700 million of indemnity reinsurance from special purpose reinsurer Bellemeade Re 2019-3 in an insurance-linked security (ILS) deal.

Mapfre Re reports almost 30% drop in profits in group H1 2019 results

26 July, 2019 - 12:02
Spanish based global re/insurer Mapfre reported modest revenue and premium growth overall in its results for the first half of 2019, but its reinsurance business Mapfre Re fared less well with a nearly 30 percent drop in net profit results.

Markel to wind down CatCo Re, launch new retrocessional ILS platform

26 July, 2019 - 10:15
Specialty insurer Markel Corporation intends to establish a new retrocessional insurance linked securities (ILS) fund platform ahead of the 2020 renewal period in Bermuda, comprised of a reinsurance company, fund entity and investment manager.

RGA elects Hamilton chief Pina Albo; says diversity a "key priority" for board

26 July, 2019 - 10:14
Reinsurance Group of America (RGA) has appointed Hamilton CEO Pina Albo to its board of directors, increasing the female representation on its board to 38 percent.

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