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Insurance
Willis faces securities class action suit over Towers merger
Law firm Bernstein Litowitz Berger & Grossmann has filed a securities class action lawsuit on behalf of its client Cambridge Retirement System against Willis Towers Watson, according to a Nov. 22 press release.   23 November 2017
Insurance
QBE appoints executive general manager of claims
Re/insurer QBE Australia and New Zealand has appointed Jon Fox as the executive general manager (EGM) of claims, and Andrew Corbett as general manager of its fully owned subsidiary Elders Insurance.   21 March 2017
Insurance
US trade groups move to save Covered Agreement
In a letter to Treasury Secretary Steven Mnuchin, four insurance industry trade bodies in the US including the Reinsurance Association of America have reiterated their strong support for the Covered Agreement that was recently negotiated by the US and EU that resolved significant prudential insurance and reinsurance matters.   21 March 2017
Insurance
Chaucer boosts The Hanover’s falling profits
A strong performance from The Hanover Insurance Group’s Lloyd’s platform, Chaucer, and growth in The Hanover’s commercial lines, helped to boost the company’s falling profits, despite heavy US winter weather losses.   1 May 2014
Insurance
Escalating US / Iran tensions bring further premium hikes across multiple lines
Market experts flag marine impact but say many other lines will be affected.   8 January 2020
Insurance
Argenta Underwriting Asia hires from XL Catlin
Argenta Underwriting Asia (AUA), the Singaporean subsidiary of Argenta Holdings, has appointed Ian Picton as energy underwriter for Asia Pacific, effective at the end of August.   27 July 2016
Insurance
Travelers appoints head of General Aviation
Travelers has appointed David Watts as head of General Aviation for Travelers Syndicate Management (Syndicate 5000 at Lloyd’s).   17 September 2013
Insurance
UK motor insurance market faces ‘strong’ profit boost in 2018
The UK motor insurance market’s profitability is expected to approach break even in 2017 and see a strong uplift in profits in 2018, according to EY’s latest UK motor insurance analysis.   20 November 2017
Insurance
Insurtech Zego secures £6m to insure gig economy
Pay-as-you go insurance provider Zego has raised £6 million in series A funding from Balderton Capital, as the startup gets ready to launch new products for flexible workers employed in the sharing economy.   20 November 2017
Insurance
Beazley hires XL Catlin exec as head of specialty lines for LatAm
Specialist insurer Beazley has appointed Najib Bousakr to spearhead the growth of its specialty lines business in Latin America.   17 March 2017

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