Articles
Insurance
London-based EC3 Brokers has launched a new venture from the Dubai International Finance Centre from which it will target growth in the Middle East and Africa and hired an executive from JLT Re to lead this process. 28 January 2019
Insurance
Health insurer Aetna, part of US drugstore operator CVS Health, has entered into a four-year reinsurance arrangement with Vitality Re X as part of its long-term capital management strategy. 28 January 2019
News
A report by the UK’s Financial Conduct Authority (FCA) that will assess competition in the wholesale insurance broker sector dominate the International Underwriting Association’s (IUA) agenda, alongside Brexit, in 2019, the representative body has said. 28 January 2019
Insurance
Energy supplier Pacific Gas & Electric Co (PG&E), which has been accused of starting several of the wildfires that decimated parts of California last year, has been cleared of causing the Tubbs Fire by the California Department of Forestry and Fire Protection (Cal Fire), which is responsible for determining the origin and cause and of wildfires. 28 January 2019
Insurance
The UK and Switzerland have signed a deal to ensure insurance businesses from both the countries can continue to trade freely with each other after Brexit. 25 January 2019
Insurance
US insurer Travelers posted record net written premiums and a big jump in profits in 2018 despite several costly catastrophes during the year. 22 January 2019
Insurance
Insurer AXA has appointed Shali Vasudeva to the newly-created role of chief operating officer (COO), AXA UK and Ireland. 22 January 2019
Insurance
Tokio Marine Holdings has appointed Satoru Komiya as its new president and group chief executive officer (CEO), effective June 2019. 22 January 2019
Insurance
The British Insurance Brokers’ Association (BIBA) has renewed its GAP scheme with Jackson Lee Underwriting for a further three years. 22 January 2019
Insurance
An analysis of catastrophe losses in 2018 shows that the protection gap is not closing and that catastrophe risk has continued to evolve and is more complex than ever, according to Aon’s latest Weather, Climate & Catastrophe Insight: 2018 Annual Report. 22 January 2019
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