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Updated: 29 min 49 sec ago

AIG's Talbot to shut Australian and Lloyd’s China offices

28 May, 2019 - 10:22
Talbot Underwriting, a subsidiary of American International Group (previously Validus Holdings), is closing its Australian office and Lloyd’s China division, in a move the company hopes will bring "enhanced value" to its partners in the region.

Sharing economy insurance start-up Pikl secures £2.5m funding from Direct Line founder Sir Peter Wood

28 May, 2019 - 10:00
Norwich-based insurance provider for the sharing economy Pikl has raised £2.5 million seed/pre-series A funding from Sir Peter Wood, the founder of Direct Line and Esure.

Everest Re adds Stone Point founding partner Hartzband to board

28 May, 2019 - 09:14
Bermuda-based re/insurer Everest Re Group has appointed Stone Point Capital founding partner Meryl Hartzband to its board of directors.

Markel appoints Asia head of personal accident, contingency and entertainment from Chubb

28 May, 2019 - 08:48
Specialist insurer Markel International has appointed Rajesh Sinha as head of personal accident, contingency and entertainment (PACE) in Asia.

Beazley's Lake to replace Bride as group finance director amid board reshuffle

24 May, 2019 - 11:12
Specialty insurer Beazley has appointed Sally Lake to replace Martin Bride as the group finance director.

‘Slow-burn’ climate risks for life and health insurers flagged in Swiss Re Institute report

24 May, 2019 - 11:06
Climate change risks are a key focus for the insurance sector but its “slow-burner” effect on public health and how that will impact insurers has been flagged up as one to watch in the 2019 SONAR report from the Swiss Re Institute.

Theresa May's resignation adds to insurers' Brexit uncertainty

24 May, 2019 - 11:05
The Prime Minister of the UK, Theresa May, has announced that she will resign her position as leader of the Conservative Party in June and then step down as PM after her replacement is found.

Reinsurance Group of America to acquire Generali's UK life legacy business

24 May, 2019 - 11:00
Italian insurance group Generali has entered into an agreement for the sale of the life run-off portfolio of its UK branch with a subsidiary of Reinsurance Group of America (RGA).

Lancashire CFO Elaine Whelan to leave after nine years; successor hunt begins

24 May, 2019 - 10:46
Bermuda-based specialty re/insurer Lancashire Holdings is seeking a new group chief financial officer following the departure of Elaine Whelan next year.

Lockton hires Gallagher and Willis execs in regional growth strategy

24 May, 2019 - 10:37
Re/insurance broker Lockton has hired senior Gallagher and Willis executives as it it looks to grow its presence across the North of England and Midlands.

Swiss Re Corporate Solutions appoints new head of accident & health North America

24 May, 2019 - 10:21
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has appointed Katie McGrath as head of accident & health North America, succeeding Mike Kemp who announced his retirement earlier this year.

AmWINS MGA Unicorn expands property capabilities with new hire

24 May, 2019 - 09:43
US-based global broker AmWINS Group and parent of THB Group, a specialist insurance and reinsurance broker, has appointed Matt Edwards as lead underwriter, property specialty in its London-based MGA Unicorn Underwriting.

M&As in European insurance sector set to continue in 2019, finds Moody’s

23 May, 2019 - 11:06
The European insurance sector will continue to consolidate in 2019, with varying credit impacts, according to the latest Moody's Investors Service report.

Liberty makes strategic move into LatAm with new Lloyd's Mexico reinsurance unit

23 May, 2019 - 11:00
Liberty Mutual Re, the reinsurance arm of Liberty Specialty Markets (LSM), is launching a new operation under Lloyd’s registration in Mexico to serve clients in the Mexican market and Central America.

SCOR acquires asset manager Coriolis Capital to expand ILS arm; takes AUM to $2.1bn

23 May, 2019 - 11:00
French reinsurer SCOR’s portfolio management company is acquiring 100 percent of the capital of insurance-linked securities (ILS) fund manager Coriolis Capital, in a move aimed at expanding its capacity on the ILS market, reaching an aggregate sum of $2.1 billion of assets under management (AUM) and operating in both Paris and London.

Ariel Re lures TMR's Kelly to strengthen credit and financial product lines

23 May, 2019 - 10:52
Ariel Re, a subsidiary of Bermuda-based Argo Group, has appointed Sean Kelly to the newly-created role of senior vice president, specialty underwriter, credit and financial products.

ProAssurance CEO Starnes to step down after 12 years, is replaced by COO Rand

23 May, 2019 - 10:35
Specialty insurance company ProAssurance Corporation has appointed Edward Rand, Jr., the company’s president and chief operating officer, to succeed Stancil Starnes as chief executive officer from July 1, 2019.

Give insurers access to wealth of cyber attack data, urges Insurance Europe

23 May, 2019 - 10:25
Cyber insurance could make leaps and bounds in Europe if policymakers gave insurers access to anonymised cyber-attack data, industry body Insurance Europe (IE) has said.

Generali's Frédéric de Courtois named new vice president of Insurance Europe

23 May, 2019 - 10:00
Frédéric de Courtois, general manager of Generali Group, has been elected vice president of Insurance Europe, the European insurance and reinsurance federation, for a three-year term.

Wind, hail and wildfire: are cat models up to scratch?

23 May, 2019 - 09:33
Recent catastrophes have revealed that some nat cat models might not be as up to date as they could be. Intelligent Insurer reports.

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