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Updated: 2 hours 4 min ago

Lloyd's chief risk officer Hilary Weaver leaves after 16 years

25 March, 2019 - 14:30
Hilary Weaver, Chief Risk Officer at Lloyd’s of London, is to leave the corporation at the end of March 2019 after 16 years.

AJG’s Alesco feared ‘planned attack’ of poaching by Ross’ Ardonagh

25 March, 2019 - 11:01
The departure of four people from an Arthur J Gallagher team to join the Ardonagh group was viewed as a “planned attack”, according to John Thompson, a managing partner at Alesco, as he gave evidence in the poaching case brought by AJG.

EU regulator approves Marsh-JLT merger; date set for final completion

25 March, 2019 - 10:18
The European Commission has approved Marsh & McLennan Companies' (MMC's) acquisition of re/insurance broker Jardine Lloyd Thompson Group (JLT), conditional on the divestment of JLT's global aerospace practice.

Willis Re hires Brit's former head of claims Steve Robson in London

25 March, 2019 - 09:37
Willis Re, the reinsurance division of broker Willis Towers Watson, has hired Steve Robson as head of London market reinsurance claims.

RenRe closes $1.5bn Tokio Millennium Re acquisition; AM Best removes reinsurer from 'under review'

25 March, 2019 - 09:32
Bermuda-based RenaissanceRe Holdings (RenRe) has completed the acquisition of Tokio Millennium Re (TMR) following the receipt of all necessary regulatory approvals.

Chubb appoints accident & health division head in Singapore

25 March, 2019 - 09:08
Insurer Chubb has appointed Serene Neo as division head of accident & health (A&H) for Singapore. She will report to Scott Simpson, Chubb's country president for Singapore.

Campaigners could force 1,300 insurers to reveal fossil fuel deals

22 March, 2019 - 10:41
A petition, signed by 60 organisations, has called for more than 1,300 insurance companies that do business in California to disclose the fossil fuel projects they insure and invest in.

Allstate reveals $299m CAT losses for early 2019

22 March, 2019 - 10:13
US insurer Allstate Corporation has estimated catastrophe losses for January and February 2019 of $299 million, pre-tax ($236 million, after-tax).

Allianz Insurance promotes Gerry Ross to head of commercial motor

22 March, 2019 - 09:54
Allianz Insurance has promoted Gerry Ross to the post of head of commercial motor.

Insurtech Concirrus signs up marine expert Dieter Berg as non-executive director

22 March, 2019 - 09:46
Insurtech Concirrus has signed up Dieter Berg, former president of the International Union of Marine Insurance, as a non-executive director.

Insurtech Sherpa ‘first to use AI to insure self-employed’

22 March, 2019 - 09:20
Sherpa, a UK insurtech startup, said it is the “first to use AI” to offer a fully digital, personalised insurance for the self-employed, a fast growing demographic.

Arch appoints John Pasquesi chairman, he succeeds Constantine Iordanou

22 March, 2019 - 09:06
Arch Capital Group has appointed John Pasquesi as chairman of the board, succeeding Constantine ‘Dinos’ Iordanou in September 2019.

Insurtech firm Betterview hires Dan Shoham as chief science officer

21 March, 2019 - 16:00
Betterview, the insurtech platform provider for property transactions, has appointed Dan Shoham as its new chief science officer.

Beazley data shows email compromise incidents up 133%

21 March, 2019 - 15:02
Business email compromises accounted for nearly a quarter (24 percent) of the overall number of incidents reported to Beazley Breach Response (BBR) Services in 2018, compared to 13 percent in 2017, according to the latest figures.

Artex co-founder Peter Mullen returns as CEO

21 March, 2019 - 14:44
Peter Mullen has rejoined Artex the alternative risk management company as chief executive officer, with David McManus taking up the new role of Chairman.

Resolution Life appoints John Hele president and chief operating officer

21 March, 2019 - 11:34
Resolution Life Group Holdings has appointed John Hele president and chief operating officer.

Liberty confirms new headquarters in Luxembourg ahead of Brexit

21 March, 2019 - 11:16
Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has confirmed it has opened its new headquarters in Luxembourg city.

Florida ‘still cash cow’ for insurers, say KBW analysts after Guy Carpenter Summit

21 March, 2019 - 11:06
Analysts from Keefe, Bruyette & Woods (KBW) said “Florida is still a cash cow for reinsurers”, with demand looking “flat to up”, while “supply looks flat”, following Guy Carpenter's (GC) 2019 Florida Summit.

LMA calls for sexual harassment in insurance to be hit ‘head on’

21 March, 2019 - 10:43
Reports of a “deep-seated culture of sexual harassment” in the insurance market have prompted the LMA to say the problem must be hit “head on”.

R&Q’s Accredited partners with specialty MGA Pronto in California

21 March, 2019 - 09:34
A Randall & Quilter Florida-domiciled subsidiary has confirmed a program underwriting partnership with Pronto General Insurance Agency (Pronto).

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