Articles

Insurance

Lloyd’s John Neal sponsors market modernisation project LM TOM

Lloyd’s of London CEO John Neal will be the interim sponsor of modernisation programme the London Market Target Operating Model (LM TOM) after the departure of Shirine Khoury-Haq, COO of Lloyd’s, who has been its sponsor since it was launched in 2015.   2 April 2019

Insurance

NN Group supervisory board chair Jan Holsboer to step down

Dutch insurer NN Group has elected David Cole to succeed Jan Holsboer as the chairman of its supervisory board following its annual general meeting later this year in May.   15 February 2019

Insurance

P&C industry’s reserve position strengthened in 2017: Conning

The overall property and casualty industry’s loss reserve position appears to be sufficient, after again strengthening in 2017.   15 June 2018

Insurance

Sompo expects to double profit in 2018

Sompo Holdings expects consolidated ordinary profit to double in the full year 2018 (ending March 31, 2019) based on the impact of hurricanes in North America and large losses.   18 May 2018

Insurance

Zurich invests in insurtech Digital Insurance Group

Zurich Insurance Group has co-led a €15 million funding round with Finch Capital in European insurtech firm Digital Insurance Group (DIG) to further drive its growth.   13 June 2018

Insurance

Liberty Mutual appoints CUO of national insurance specialty unit

Liberty Mutual Insurance has appointed Matt Waters to lead its national insurance specialty unit as chief underwriting officer and senior vice president.   13 June 2018

Insurance

BB&T Insurance to rebrand as McGriff Insurance Services

US insurance broker BB&T has rebranded its BB&T Insurance Services retail broker as McGriff Insurance Services.   13 June 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

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

Tokio Marine Holdings 9M profits up on higher premiums

Non-life and life insurer Tokio Marine Holdings grew net income attributable to owners of the parent by 26.1 percent to ¥ 228.1 billion yen ($2.01 billion) in the nine months ended December 2016 compared to the same period a year ago.   14 February 2017

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