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Insurance
Ed obtains Guernsey license; hires Willis Towers Watson exec director
Reinsurance, wholesale and specialty broker Ed has been granted a commercial insurance intermediary license by the Guernsey Financial Services Commission.   6 September 2017
Insurance
Tokio Marine Kiln bolsters motor risks unit
Specialist insurer Tokio Marine Kiln (TMK) has expanded its motor team with the appointment of Kate Nossel as underwriter, based in London.   9 August 2017
Insurance
AXA ownership will boost XL’s ability to grow its specialty products
XL Group hopes that being owned by AXA will help open up new markets for its specialty products, Gregory Hendrick, XL president, property & casualty, said on a March 5 presentation on the deal.   5 March 2018
Insurance
$1.9bn nat cat hit drives Chubb into Q3 loss
Property/casualty insurer Chubb said on Oct. 26 that it reported a net loss for the third quarter of $70 million after recording pre-tax catastrophe losses, net of reinsurance and including reinstatement premiums, of $1.89 billion in the quarter.   27 October 2017
Insurance
Generali to invest €1bn in digital innovation
Italian insurer Generali wants to invest around €1 billion in internal strategic initiatives for innovation and digital transformation as part of its 2021 three-year strategic plan.   21 November 2018
Insurance
Euler Hermes taps Ironshore trade credit SVP to lead UK transactional cover
Trade credit insurer Euler Hermes has appointed Christophe White as head of its UK transactional cover unit.   31 August 2017
Insurance
Californian wildfires to hit P&C Q4 results: Fitch
Losses from the ongoing California wildfires will likely negatively impact fourth-quarter earnings of companies with material property exposure in the state, Fitch Ratings said.   20 November 2018
Insurance
Lemonade expands insurance offering to New Jersey
Lemonade, an artificial intelligence-focused insurtech company, has launched its homeowners and renters insurance insurance offering throughout the Garden State.   3 August 2017
Insurance
US tax changes prompts Assurant to tweak Warranty Group deal
Assurant, a provider of risk management solutions, and The Warranty Group, a provider of protection plans and related programmes and a portfolio company of TPG Capital, have amended the structure of their $2.5 billion transaction, previously announced on October 18, 2017.   9 January 2018
Insurance
Lloyd’s digital PPL ‘volumes and adoption rise significantly’
Efforts by Lloyd’s of London to transform the market from a predominantly paper-based system to a digital one have shown “significant” progress in the final quarter of 2018, figures show.   5 February 2019

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