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Global reinsurers have written to the European Commission (EC) to ask it to ensure mutual access between British and European Union reinsurance markets after the UK leaves the bloc due to worries about market disruption, according to extracts from a letter seen by Reuters. 26 June 2017
Insurance
US-based health insurer Anthem has agreed to settle litigation over hacking in 2015 that compromised about 79 million people's personal information for $115 million, which lawyers said would be the largest settlement ever for a data breach, Reuters reported on June 23. 26 June 2017
Insurance
Barbican Insurance Group has established a new US specialty managing general agency (MGA) led by Colin Mayo, the former executive vice president and chief underwriting officer at Ariel Specialty. 16 November 2017
Insurance
Health insurers Aetna and Humana said that they have ended their merger agreement after a US federal court ruled against the deal, saying it would stifle competition in the Medicare Advantage programme. 14 February 2017
Alternative Risk Transfer
Specialist insurer Hiscox has made three new appointments within its reinsurance and insurance-linked securities (ILS) division, including a new hire from Ariel Re. 15 November 2018
Insurance
Broker Aon has collaborated with property/casualty insurer Chubb and Lloyd’s to develop a standalone terrorism and political violence solution that addresses the demands of an increasingly regulated environment. 10 July 2018
Insurance
Insurance Australia Group (IAG) has revealed that its group general counsel and company secretary Chris Bertuch has decided to leave the company, effective Sept. 30. 10 July 2018
Insurance
Liberty Mutual Company unit Ironshore Insurance Services has formed an energy equipment facility offering property and inland marine insurance coverage for on-shore middle market classes of business in the US. 10 July 2018
Insurance
Global insurance broker Gallagher has grown its presence in Central and Eastern Europe with the purchase of a minority stake in Czech-domiciled insurance broker Renomia a.s. (Renomia). 25 June 2019
Insurance
The producer of a planned Gregg Allman biopic film has filed a lawsuit with Los Angeles Superior Court accusing New York Marine and General Insurance of allegedly refusing to pay more than $1.6 million in losses stemming from a deadly on-set accident. 18 August 2014
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