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Specialist commercial insurer CNA Hardy has appointed Carl Day as active underwriter, in addition to his role as head of property, marine and energy. 28 November 2018
Insurance
US-based insurance technology firm Bindable has attracted an investment from EPIC Holdings which operates EPIC Insurance Brokers & Consultants and has agreed on a commercial deal. 28 November 2018
Insurance
AXA XL, the property/casualty (P&C) and specialty risk division of the AXA group, is targeting higher synergies than previously announced from the combination of the XL Group and AXA businesses while also planning to further reduce the natural catastrophe (nat cat) exposure. 28 November 2018
Insurance
French insurance group AXA is acquiring the remaining 50 percent stake in AXA Tianping Property & Casualty Insurance Company that it does not already own, for a total consideration of ¥4.6 billion (€584 million). 27 November 2018
Insurance
Marken Re Specialty is a new specialty insurance and reinsurance broker that is set to be launched soon by Pieter Vlasbloem. 27 November 2018
Insurance
Specialist re/insurance market Lloyd's has appointed former French central bank governor Christian Noyer as non-executive director of Lloyd’s Council, and independent non-executive director of the Lloyd’s Brussels board. 27 November 2018
Insurance
The average annual insured losses of a 1 in 100-year return period cat event has increased to $270.9 billion in 2018 from $246.9 billion, according to data provider AIR. 27 November 2018
Insurance
Specialist insurer Markel has partnered with European yacht insurance provider Pantaenius to strengthen its global yacht offering. 27 November 2018
Insurance
A group of 18 US property/casualty (P&C) reinsurers has improved the combined ratio to 98.2 percent in the first nine months of 2018 from 111.9 percent in the same period a year ago, according to a survey of reinsurers’ statutory underwriting results conducted by the Reinsurance Association of America (RAA). 26 November 2018
Insurance
AXA group’s new division dedicated to large P&C commercial lines, AXA XL, will implement AXA’s corporate responsibility policies, including those that relate to the fight against tobacco, climate change, and controversial weapons, as part of a strategy for Environmental, social and corporate governance (ESG). 26 November 2018
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