Articles

Insurance

Swiss Re replaces Corporate Solutions CEO with Allianz executive

Swiss Re has hired Andreas Berger from Allianz Group as chief executive of Swiss Re Corporate Solutions.   24 September 2018

Insurance

Fitch warns about Marsh & McLennan debt burden after JLT takeover

Fitch Ratings has placed the ratings of Marsh & McLennan Companies (MMC) on Rating Watch Negative following its agreement to acquire Jardine Lloyd Thompson Group (JLT) for roughly $5.6 billion.   24 September 2018

Insurance

L&H insurtech attracts more financing than P&C in H1

Investors are putting more capital into life & health (L&H) insurtech ventures than in property/casualty (P&C) insurtech firms.   24 September 2018

Insurance

Hyperion unit Tamesis Dual taps underwriting director from Hiscox

Tamesis Dual, part of the underwriting arm of the Hyperion Insurance Group, has appointed Ben Love as director of underwriting, based in London.   24 September 2018

Insurance

Berkshire-backed new motor MGA launched in Gibraltar

Hedgehog, a new online motor insurance provider targeting drivers who face higher than average premiums has been launched in Gibraltar.   24 September 2018

Insurance

London Market launches delegated authority platform

The London Market Group (LMG) is launching its delegated authority platform this week as a core part of the London Market Target Operating Model (TOM).   24 September 2018

Insurance

Berkshire swoops for AIG, Chubb, Zurich talent in Dubai

Berkshire Hathaway Specialty Insurance Company (BHSI) has expanded its leadership team in Dubai with the appointment of AIG, Chubb, AXA, QBE, Allianz and Zurich executives to fill key product line and service posts.   18 September 2018

Insurance

SCOR rumoured to face new takeover approach by Covéa

French cooperative insurer Covéa is working on a new approach to its planned takeover of reinsurer SCOR after its friendly €8.2 billion offer was rejected earlier in September, Reuters reported citing “two sources close to the deal”.   18 September 2018

Insurance

Hurricane Florence to cause $30-60bn economic loss

Hurricane Florence will cause $30-60 billion in economic impact and damage, according to estimates by commercial weather forecasting services provider AccuWeather.   14 September 2018

Insurance

Hurricane Florence hits US East Coast

Tens of thousands of homes are without power and sea water is sloshing through coastal streets as hurricane Florence begins lashing the US East Coast, according to a BBC News Sept. 15 report.   14 September 2018

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