Articles
Insurance
SOBC DARAG, a subsidiary of run-off specialist DARAG UK, has launched a new office in Bermuda with four senior hires from Randall & Quilter, in a move aimed at "significant expansion" in North America and on the island. 1 August 2019
Insurance
The second quarter of 2019 was about "growth and pricing" for Chubb chief executive officer Evan Greenberg, who noted that the company benefited from an improved pricing and underwriting environment. 25 July 2019
Insurance
The 2019 half year results for French reinsurer SCOR “deliver a strong performance”, according to Denis Kessler, company chairman and CEO. 25 July 2019
Insurance
As Prime Minister Boris Johnson started selecting his cabinet yesterday, after being chosen as leader of the Conservative party, his choice of Sajid Javid for chancellor was welcomed by the Association of British Insurers (ABI). 25 July 2019
Insurance
Hippo, a California-based insurtech focused on the home insurance market, has secured $100 million Series D funding to fuel expansion of its footprint in the US. 25 July 2019
Insurance
Australian broker PSC Insurance Group is acquiring 100 percent of the share capital of Lloyd’s and London Market broker Paragon International Holdings for a base consideration of £42 million (approximately A$75 million). 25 July 2019
Insurance
American International Group (AIG) has created a position of chief sustainability officer to lead the development and implementation of a company-wide sustainability strategy. 25 July 2019
Insurance
Florida-based MGAguard, a new technology-enabled platform for specialty insurance underwriting, has commenced operations targeting the hospitality and taverns industry. 25 July 2019
Insurance
Specialist re/insurer Hiscox expects to deliver between $150 million and $170 million in profit before tax in its 2019 half year results, despite a “significant” and “continued deterioration” in the insurance market caused by 2018 catastrophe events such as Typhoon Jebi in Japan and Hurricane Michael in Florida. 12 July 2019
Insurance
Lloyd’s six bold initiatives receive 'outstanding' support from market participants and stakeholders
Lloyd’s of London has received "widespread backing" from its market participants and stakeholders on its recently-launched strategic plan of transformational initiatives, including simplifying market access and lowering costs, to ensure the 333-year-old marketplace can thrive in an increasingly challenging environment. 12 July 2019
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