Articles
Insurance
Ascent Underwriting, a London-based cyber and specialty lines MGA, has hired a new head of cyber from Brit Insurance. 2 October 2018
Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has allowed state-run General Insurance Corporation (GIC) to retain the first right to offer reinsurance in India, BloombergQuint reported citing two people present at the firm’s recent board meeting. 1 October 2018
Insurance
Cayman Islands-based specialist property/casualty reinsurer Greenlight Capital Re has made a strategic investment in blockchain business Galileo Platforms. 1 October 2018
Insurance
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has appointed Siobhan O’Brien to lead its international cyber strategy, innovation and product development in a newly created role. 1 October 2018
Insurance
Car insurance premium cuts are speeding up and have dropped 9.1 percent year on year to an average £766 in the UK with black box technology – so-called telematics – helping to drive the fall in prices, analysis from Consumer Intelligence shows. 27 September 2018
Insurance
Speciality insurer Tokio Marine HCC has added three new underwriters from QBE, Gallagher and Kennedys to its professional risks teams. 26 September 2018
Insurance
AXIS Insurance, the insurance business segment of Bermuda-based AXIS Capital Holdings, has created a new position designed to boost its product distribution in the London Market and at Lloyd’s. 25 September 2018
Insurance
Re/insurer AXA XL which has recently completed its merger has appointed Paul Greensmith as UK CEO replacing Paul Jardine who is leaving the group later this year. 24 September 2018
Insurance
Swiss Re has hired Andreas Berger from Allianz Group as chief executive of Swiss Re Corporate Solutions. 24 September 2018
Insurance
Fitch Ratings has placed the ratings of Marsh & McLennan Companies (MMC) on Rating Watch Negative following its agreement to acquire Jardine Lloyd Thompson Group (JLT) for roughly $5.6 billion. 24 September 2018
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