Articles

Insurance

First named storm of 2018 hurricane season causes $50m insured loss

The insured loss in the US from Subtropical Storm Alberto will be close to $50 million, according to Karen Clark & Company (KCC) estimates.   30 May 2018

Insurance

Less than half of US reinsurers have a reinsurer unit

Just 44 percent of US insurers have their reinsurance administered by a dedicated department, according to a survey conducted on behalf of Inpoint Services.   1 September 2010

Insurance

Willis Towers Watson appoints new UK & Ireland leader for insurance consulting and tech business

Broker Willis Towers Watson has appointed Tammy Richardson to take on the role of UK and Ireland leader for life and property and casualty (P&C) in the company’s insurance consulting and technology business.   1 May 2019

Insurance

AXA Venture Partners raises $150m to invest in early-stage insurtechs

AXA Venture Partners (AVP), the venture capital arm of insurer AXA, has raised $150 million for a new early-stage fund that will invest technology companies mainly focused on the insurance sector.   22 January 2019

Insurance

Insurance markets in Africa stabilise but insurers ‘less bullish’, finds AIO survey

Insurance leaders in Africa remain cautious about business growth despite market stabilisation following the economic downturn of 2015/16, a survey of insurance CEOs has found.   11 June 2019

Insurance

AXA UK narrows its gender pay gap

Increasing the number of women in senior roles remains a priority.   10 February 2020

Insurance

Insurtech Confused.com appoints first COO to lead product strategy

UK-based insurtech Confused.com, a digital marketplace for car insurance, has appointed Stephen Dukes as its first chief operating officer (COO) to lead product strategy and enhance customer experience.   24 July 2019

Insurance

HDI Global Specialty acquires Swedish MGA Svedea in expansion strategy

HDI Global Specialty SE, a joint venture of Hannover Re and HDI Global SE, has acquired alternative specialty lines managing general agent (MGA) Svedea to strengthen its position in Sweden.   23 July 2019

Alternative Risk Transfer

Strategic shift for cat market, says Willis

The catastrophe reinsurance market is facing a strategic shift, according to a report by Willis Capital Markets & Advisory (WCMA), part of global insurance broker, Willis Group.   1 September 2012

Insurance

Global Risk Partners acquires specialist Lancashire-based intermediary 3XD

Broking firm Global Risk Partners (GRP) has acquired Lancashire-based insurance intermediary 3XD, which provides specialist insurance through a range of distribution channels including independent financial advisers.   23 July 2019

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