Articles

Insurance

Autonomous cars could prompt 60% drop in insurance premium revenue: Kennedys report

Motor premium revenue could fall as much as 60 percent if drivers switched to autonomous cars, which are designed to cut the number of accidents.   4 September 2019

Insurance

AXA XL bolsters US structured risk solutions unit with AIG hire

AXA XL, the property & casualty and specialty risk division of AXA, has named Austin Su as US underwriting lead of its structured risk solutions (SRS) business.   4 September 2019

Insurance

Marsh makes leadership changes after duo depart US property and FINPRO practices

Broker Marsh has made senior leadership appointments within its property and financial and professional liability (FINPRO) practices in the US and Canada.   4 September 2019

Insurance

Marsh property leader Duncan Ellis leaves to join AIG North America

American International Group (AIG) has appointed Duncan Ellis as head of retail property, North America general insurance.   4 September 2019

Insurance

Tesla to enter insurance market, promising to undercut rivals

Electric car maker Tesla has entered the insurance market, and some commentators have said it seems like a smart move.   4 September 2019

Insurance

BGC hires managing partner for US aviation and aerospace from JLT Specialty

BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners, has appointed Bruce Fine to join its new global aviation and space re/insurance brokerage as the managing partner for US aviation and aerospace.   3 September 2019

Insurance

Pioneer Underwriters names Hazel Beveridge as new chief actuary

Pioneer Underwriters has appointed Hazel Beveridge as chief actuary. She will report to Andrew McMellin, CEO of Pioneer and will join the company's executive committee.   3 September 2019

Technology

Guy Carpenter & CyberCube: research on improving cyber cat data

The inexorable spread of the digital economy is fundamentally changing the nature of risk, presenting unique opportunities—and challenges—to the re/insurance industry. How the industry responds to the rapid pace of technological change is crucial to its long-term relevance and growth.   3 September 2019

Insurance

UBS says Dorian losses likely to be at mid or lower end of $5-40bn

Insurers’ losses for Hurricane Dorian may come in at about $25 billion, say industry analysts at investment bank UBS.   3 September 2019

Technology

Cyber insurance: sizing up the global market

The cyber insurance market has been growing steadily, but how big is it now and what is driving growth in this segment? Intelligent Insurer reports.   3 September 2019

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