Intelligent Insurer News

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Noel Praveen as senior underwriter casualty and professional lines – Dubai, effective immediately.

Estera, a global provider of corporate, funds and trust services, has launched legal services in Bermuda and the Cayman Islands. Estera’s legal services will cover a number of practice areas such as corporate and commercial, regulatory, insurance and investment funds.

Modest core underwriting margin expansion is expected in the domestic P&C insurance industry according to Keefe, Bruyette & Woods (KBW) analysts’ newly released 2Q19 P&C Industry Results report. They have updated their domestic P&C insurance industry earnings model with ISO’s recently published 2Q19 results.

New York-based reinsurance provider AM Re Syndicate has a unique position in the market as it underwrites specialty quota share reinsurance exclusively, as the firm’s Shevawn Barder explains to Intelligent Insurer.

Risk pools can be an efficient way to insure and manage risks in countries which regularly suffer natural disasters. But is the gap between policy buyers and sellers being bridged quickly enough to make these pools possible? Intelligent Insurer reports.

Intelligent Insurer goes beneath the surface of the risk pool sector to discover why so many insurance firms are keen to get involved.

Insurers that offer cyber protection have increasingly realised that they must partner with specialist cyber firms to make this a truly effective product. Intelligent Insurer looks at how such partnerships work.

ILS investors have been battered by a series of trials in recent years including losses, loss creep, trapped capital and disappointing rate increases. Some may have paused for thought, but there is no sign of the majority walking away yet. Intelligent Insurer reports.

Voce Capital Management, the beneficial owner of approximately 5.4 percent of the shares of Argo Group International Holdings, has said that the ongoing Securities and Exchange Commission (SEC) investigation at Argo related to executive compensation and benefits and associated disclosure issues highlights the need for urgent changes.

The American Council of Life Insurers (ACLI) has elected its chairman, officers and board of directors at the 2019 ACLI Annual Conference.

Peter Welton has been promoted to UK Head of Energy for AXA XL Insurance. In his new role, he is responsible for developing the UK energy book and providing and designing innovative insurance and flexible solutions for energy clients. He will lead a team of underwriters in London.

The majority of insurtechs startups will fail, Starr Insurance Companies chairman and chief executive officer Maurice R ‘Hank’ Greenberg has said.

Research organisation Gartner has given the Accenture Life Insurance & Annuity Platform (ALIP) the highest score in its digital user support use case in a new report, Critical Capabilities for Life Insurance Policy Administration Systems, North America.

Shares in BP Marsh rose 6% after the specialist investor in financial services intermediary businesses, including insurance firms, reported robust results for the first half of the year.

The promised laws to implement new building safety standards, as outlined in the Queen’s Speech yesterday, have been welcomed by Douglas Barnett, director of mid-market and customer risk management at AXA Insurance.

Gérald Harlin, AXA’s group deputy CEO and group CFO, will be appointed executive chairman of AXA Investment Managers (AXA IM), effective December 1. He will implement the next phase of AXA IM’s strategy with the aim of accelerating the company’s development. Harlin will continue to report to Thomas Buberl, CEO of AXA, in this role.

Gallagher has acquired Ponte Vedra Beach, Florida-based The Doyle Group and its affiliates, collectively doing business as Direct To PolicyHolder (DTPH).

The launch of blockchain insurance startup B3i’s Cat XoL product is opening the door for the re/insurance industry to embrace distributed ledger technology. B3i’s chief marketing officer Ken Marke outlines its aims.

The leading provider of web-based property valuation solutions, e2Value takes a unique approach to insurance-to-value and collateral value monitoring. Co-founder Todd Rissel explains how it works.

The Iranian oil tanker 'Sinopa' being damaged, by what Iranian media said was a rocket attack, will drive war risk insurance rates for vessels in the Middle East.