Articles

Insurance

Zurich takes lead on UN climate goals; commits to 100% renewable energy by 2022

Zurich has become the first major global insurer to align with United Nation's climate change goals by committing to using 100 percent renewable energy in all global operations by the end of 2022, and to stop writing certain thermal coal and oil sands risks.   26 June 2019

Insurance

Marsh launches Japanese aircraft finance insurance consortium with Sompo

Broker Marsh has developed a Japanese aircraft finance insurance consortium (AFIC) in collaboration with Sompo Japan Nipponkoa Insurance and Sompo International.   26 June 2019

Insurance

Zurich makes $0.4bn Adira acquisition, becomes largest foreign P&C insurer in Indonesia

Zurich Insurance Group is acquiring 80 percent of PT Asuransi Adira Dinamika (Adira Insurance), a property and casualty (P&C) insurer in Indonesia, from PT Bank Danamon Indonesia and a minority investor.   27 September 2018

Insurance

Insurance Council of Australia adds Zurich, Allianz execs to board

The Insurance Council of Australia (ICA) has strengthened its board with the appointment of two new directors.   3 May 2019

Insurance

AI insurtech Betterview partners with Synpulse to improve P&C underwriting cycle

California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has partnered with Zurich-based Synpulse to improve the property and casualty (P&C) underwriting process for insurers.   20 September 2019

Insurance

Everest hires Lloyd's Vandendael to lead global expansion

Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has hired Lloyd’s chief commercial officer Vincent Vandendael as CEO of Everest Insurance international.   3 September 2018

Insurance

Samsung acquires 'strategic stake' in Lloyd's insurer Canopius

Specialty re/insurer Canopius has signed an agreement with Korea's Samsung Fire & Marine Insurance (SFMI) that will see SFMI become a significant minority investor in the company.   3 May 2019

Insurance

Everest Re expects $240m Q3 cat loss

Bermuda-based Everest Re Group estimates pre-tax catastrophe losses for the third quarter of 2018 of $240 million, net of reinsurance.   19 October 2018

Insurance

Chubb ups stake in Beijing-based insurance group

Chinese regulators approve purchase that will raise Chubb’s share to 46 percent.   25 November 2019

Insurance

BMS hires CFO from JLT Re to drive next phase of strategic expansion

Specialist re/insurance broker BMS Group has appointed Nick Moss as its new chief financial officer (CFO), reporting to CEO Nick Cook.   1 May 2019

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