Articles

Insurance

SCOR says CIAM's claims 'unfounded, misleading'; backs CEO Kessler

French reinsurer SCOR has called on its shareholders to reject the draft resolution of its activist investor CIAM that suggested its CEO Denis Kessler be removed from the company's board of directors.   26 March 2019

Insurance

CIAM urges SCOR to end Kessler's combined CEO and chair roles

French investment management firm CIAM, which holds 0.94 percent stake in SCOR, has submitted a draft resolution asking the reinsurer to oust its long-serving chief executive Denis Kessler from the company's board of directors at the next general meeting on April 26.   26 March 2019

Insurance

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

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.   25 March 2019

Insurance

Liberty confirms new headquarters in Luxembourg ahead of Brexit

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

Insurance

AXA experiments with blockchain payment protection in Sweden

AXA Partners has started a blockchain payment protection experiment to support people who are involuntary unemployed in Sweden.   19 March 2019

Insurance

AGCS rejigs board role for Mai and appoints Sepp

Global business insurer Allianz Global Corporate & Specialty (AGCS) has rejigged board level roles and senior leadership responsibilities.   19 March 2019

News

​Purely digital insurers and their service providers increase the attractiveness of Germany’s insurance market

​The current wave of insurtech startups is producing purely digital insurers that are competing with the established players, says Ingolf Putzbach, managing director of sum.cumo, an end-to-end provider for the digitisation of insurance companies.​​   19 March 2019

Insurance

Lloyd’s Managing Agency Antares reveals head of Financial Institutions

Antares, the Lloyd’s Managing Agency and member of the QIC Group, has appointed Martin Campbell head of Financial Institutions at Antares Syndicate 1274.   18 March 2019

Insurance

Beazley bolsters cyber insurance for UK businesses

Specialist insurer Beazley has improved its cyber policies in the UK to provide simpler, user-friendly policies.   18 March 2019

Insurance

Castel makes Transact ‘standalone underwriting cell’ on MGA platform

Castel Underwriting Agencies has promoted Transact Risk Partners from a division within the Castel Specialty portfolio to a standalone underwriting cell on its MGA formation platform.   18 March 2019

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