Articles
Insurance
After almost two decades of favourable buying conditions, 2017 and 2018 saw a change in the market dynamic whereby rates are increasing, and carriers are now willing to walk away from deals that do not deliver on acceptable levels of profitability, the chief executive of Australia-based broker Honan Insurance Group has claimed. 21 January 2019
Insurance
Re/insurer AXA XL has completed the transfer of its European Union insurance company, XL Insurance Company (XLICSE), from the UK to Dublin, Ireland in response to Brexit uncertainty. 21 January 2019
Insurance
Property/casualty insurer Chubb has estimated its global net catastrophe losses of approximately $585 million pre-tax, or $505 million after tax, in the fourth quarter of 2018. 21 January 2019
Insurance
Washington is following New York in banning the sale of insurance policies branded by the National Rifle Association (NRA) while fining two companies involved in underwriting and selling them in the state. 17 January 2019
Insurance
China's first internet-based insurer ZhongAn has entered a joint venture with Grab, a ride-hailing and fintech platform, to launch a digital insurance marketplace in Southeast Asia. 16 January 2019
Insurance
Bermuda-based AXIS Capital Holdings has hired Chubb's Keith Schlosser as new chief information officer (CIO). 16 January 2019
Insurance
Specialist reinsurer Hiscox Re and Japanese insurance group MS&AD have invested in insurtech startup AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks. 16 January 2019
Insurance
RKH Specialty, part of the Hyperion Insurance Group, has appointed Richard Haines as managing director to lead its newly formed natural resources practice. 16 January 2019
Insurance
Davies Group is acquiring Glasgow-based property and casualty public sector claims specialist TopMark Claims Management (TMS). 16 January 2019
Insurance
Thomas Firouz Motamed, former CEO of CNA Financial Corporation, has been elected to the board of directors of American International Group (AIG). 16 January 2019
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