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Allianz goes direct in Europe with new CEO
Insurance
Germany-based insurance group Allianz is consolidating its European direct business by establishing a new pan-European risk carrier and has appointed Bart Schlatmann CEO of this operation.   31 August 2018
Lloyd’s open to write Canadian cannabis risks
Insurance
Lloyd’s said that after taking specialist advice it believes that Lloyd’s underwriters are well positioned to write Canadian cannabis business subject to compliance with local Canadian requirements.   31 August 2018
Insurance
Property and casualty insurer Chubb has promoted Steve Parry to the role of director of claims for Europe and Eurasia and Africa, succeeding Peter Murray, who is retiring this year.   2 February 2017
News
Insurance giant Admiral has renewed its historic reinsurance relationships allowing long term partners to benefit from its own continued growth and profitability.   17 February 2014
Insurance
Chubb has estimated the net losses in the third quarter of 2018 attributable to natural catastrophes globally at $450 million pre-tax, or $372 million after tax.   10 October 2018
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has launched an online portal to offer click-and-buy insurance products for the UK’s commercial drone market.   15 March 2016
Insurance
Gradient AI, an artificial intelligence solutions provider in the insurance technology space, has raised $6 million in a Series A financing led by Forte Ventures and Sandbox Insurtech Ventures. The round also includes participation from Gradient’s existing investor MassMutual Ventures.   7 October 2019
Insurance
RSA UK & International has merged its commercial risk solutions (CRS) and global risk solutions (GRS) businesses to create a single business unit focused on commercial lines.   12 September 2019
Insurance
Rates in property-catastrophe reinsurance are likely to increase more than many believe in the aftermath of big hurricane losses because of the low level of equity raising and the debut of trapped capital as a major issue.   15 October 2017
Insurance
Lorega, a UK managing general agent (MGA), has completed a management buyout from a number of minority shareholders.   25 February 2016

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