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Insurance
Lloyd’s fines Amlin £630,000 for Premium Trust Deed breach
Lloyd’s fined Amlin Underwriting Limited (AUL) £630,000 for breaches of the Lloyd’s Premium Trust Deed (PTD) and for failings in its response to those breaches.   3 April 2017
Insurance
JLT to acquire Towergate broker
Jardine Lloyd Thompson (JLT) has agreed to acquire Hayward Aviation from Towergate Insurance for £27 million.   8 December 2014
Insurance
Reinsurers 'far more exposed' to Hurricane Irma than primary insurers
Private reinsurers should be far more exposed to a Hurricane Irma loss event than the primary insurers, according to a Sept. 5 Credit Suisse equity research note.   6 September 2017
Insurance
Towers Watson and Willis delay merger vote meetings
Towers Watson and Willis have proposed an adjournment to scheduled meetings to vote on the proposed merger.   19 November 2015
Insurance
Ageas to apply AI to UK motor in partnership with Tractable to reduce cost
Insurance solutions provider Ageas has said that it will use artificial intelligence (AI) technology across its motor claims management, working in partnership with technology specialist Tractable.   18 May 2017
Reinsurance
Blockchain’s future in insurance takes shape
The re/insurance industry holds high expectations for blockchain technology as an opportunity to increase efficiency of insurance processes, and the future is beginning to take shape with the launch of new platforms and products. Intelligent Insurer reports.   4 December 2018
Insurance
Insurers must reduce risks to customers’ data, claims start-up founder
Matt Hodges-Long, founder of insurtech start-up TrackMyRisks, has warned insurers to stop sending email attachments and start sharing information with their customers instead.   26 September 2017
Insurance
Alleghany’s investments will steer it through hard market, says president
Alleghany president Weston Hicks bets on investments outside of re/insurance to boost profitability. Hicks sees little upside from buying back shares, and the company’s $1 billion in relatively liquid assets gives it the flexibility to take advantages of opportunities such as market hardening, if they come to fruition.   29 March 2017
Insurance
Pioneer creates American underwriting Unit
Pioneer Underwriting, a specialist Managing General Agency (MGA), has created a North American Primary PI underwriting unit, continuing with its development strategy.   17 May 2013
Insurance
European insurers invested €9,8 trillion in economy in 2015
European insurers had almost €9,8 trillion invested in bonds, company shares and other assets in 2015, an increase of 1.7 percent from 2014, according to figures published by Insurance Europe, the European insurance and reinsurance federation.   30 August 2016

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