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Insurance

AIG unit Validus Reinsurance plans expansion into Canadian reinsurance market

Bermuda-based Validus Reinsurance, a part of American International Group (AIG), is planning to establish a new reinsurance branch in Canada.   13 March 2019

Insurance

Bermuda bodies including ABIR, BDA and BIMA seek removal from EU tax blacklist

Industry groups on Bermuda including the Association of Bermuda Insurers & Reinsurers (ABIR)have pledged their support to efforts by the Bermuda government to get the country removed from the European Union’s so-called blacklist list of "non-cooperative" jurisdictions as quickly as possible.   13 March 2019

Insurance

ABI calls for Brexit delay after latest deal voted down

As the latest deal for Britain to leave the EU was voted down in Parliament last night, the possibility of the country leaving with no-deal looked more likely.   13 March 2019

Insurance

Mapfre highlights digital transformation in 2019 to 2021 strategic plan, 2018 results

Mapfre CEO Antonio Huertas has acknowledged that the company “could have done better” in 2018 at the company's annual general meeting for shareholders in Madrid on Friday 8 March.   11 March 2019

Insurance

Lockton hires Guy Carpenter and Marsh execs to launch Lockton Global Re

Broker Lockton has poached three senior executives from Guy Carpenter/Marsh to form a new global reinsurance business that it says will represent a critical pillar of its aggressive growth plans.   8 March 2019

Insurance

Ashton Kutcher-backed insurtech Wefox attracts $125m investment in series B round

Berlin-based insurtech firm Wefox Group has raised $125 million in its series B funding round led by a newly-formed European ventures fund Mubadala, with participation from Chinese investor Creditease, among others.   8 March 2019

Insurance

Tokio Marine names Michael Schell as new president as Burke retires

Houston-based Tokio Marine HCC has named Michael Schell as its new president following the retirement of William Burke in April 2019.   7 March 2019

Insurance

Lockton swoops for JLT's Philip Corrigan as Asia Pacific COO in expansion move

Insurance broker Lockton has hired JLT's Thailand CEO Philip Corrigan as Asia-Pacific chief operations officer (COO) as it looks to expand its business and expertise across the region.   7 March 2019

Insurance

Lloyd’s appoints Brexit programme director Hayley Spink to lead global operations

Lloyd's of London has appointed Hayley Spink as head of global operations, replacing Joe Dainty who's leaving Lloyd’s in March to join DXC.   7 March 2019

Insurance

Aon will not buy Willis Towers Watson

Re/insurance broker Aon has said it will not buy Willis Towers Watson. Its announcement comes within 24 hours of it revealing it was exploring a possible deal with the world’s third biggest broker.   6 March 2019

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