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The insurance industry in the midst of a customer-led revolution – and the players best equipped to adjust and put customers at the heart of what they do will be the ones that will prosper, Mario Greco, group chief executive of Zurich Insurance, wrote in his foreword in the insurer’s annual report for 2017. 9 March 2018
Insurance
The Chartered Insurance Institute (CII) has analysed all 192 insurers, intermediaries, service providers, financial advisors and loss adjusters in the UK who have published pay gap data, and identified an average gender pay gap of 24 percent (measured as median hourly difference). 16 July 2018
Insurance
Jardine Lloyd Thompson (JLT) has been granted a licence to cover all lines of insurance brokerage business in China. 6 June 2018
Insurance
Bermuda-based property /casualty re/insurer Sompo International has unveiled plans to launch a new European specialty insurance underwriting operation in Barcelona run by two senior executives it has hired. 6 March 2018
Insurance
European run-off insurance company DARAG has appointed Stuart Davies, the former group CEO of Sompo Canopius, as chairman of the group. 29 June 2017
Insurance
Specialist credit and political risk insurance brokers BPL Global and EIA Global have signed a memorandum of understanding (MoU) to form a joint venture insurance broking company in New York, focusing on global financial institutions. 11 October 2017
Insurance
Bermuda-based Monument Re, through its European subsidiary Laguna Life, has acquired a run-off portfolio of flexible premium retail life insurance contracts from Ethias, known as the First A Portfolio. 17 April 2018
Insurance
New Zealand-based Tower has been impacted by severe and unprecedented weather and a settlement of a Peak Re dispute resulting in a half year loss of NZ$11.6 million ($8.04 million) for the half year ended March 31, 2018 compared to a loss of NZ$8.2 million in the same period a year ago. 30 May 2018
Insurance
Advisory firm Egan-Jones has joined Glass Lewis in recommending that AmTrust Financial Services stockholders vote "FOR" the company's merger agreement at the special meeting of stockholders on June 4, 2018. 30 May 2018
Insurance
The insurance industry warned the UK government of the dangers of flammable external cladding on buildings a month before the Grenfell Tower blaze that killed at least 79 people. 26 June 2017
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