Articles
Insurance
Voce Capital Management, the beneficial owner of approximately 5.4 percent of the shares of Argo Group International Holdings, has said that the ongoing Securities and Exchange Commission (SEC) investigation at Argo related to executive compensation and benefits and associated disclosure issues highlights the need for urgent changes. 15 October 2019
Insurance
Shares in BP Marsh rose 6% after the specialist investor in financial services intermediary businesses, including insurance firms, reported robust results for the first half of the year. 15 October 2019
Insurance
The promised laws to implement new building safety standards, as outlined in the Queen’s Speech yesterday, have been welcomed by Douglas Barnett, director of mid-market and customer risk management at AXA Insurance. 15 October 2019
Insurance
Gérald Harlin, AXA’s group deputy CEO and group CFO, will be appointed executive chairman of AXA Investment Managers (AXA IM), effective December 1. He will implement the next phase of AXA IM’s strategy with the aim of accelerating the company’s development. Harlin will continue to report to Thomas Buberl, CEO of AXA, in this role. 15 October 2019
Insurance
Ransomware accounts for 40 percent of manufacturers’ cyber claims in 2019 so far, according to a report by Chubb. 15 October 2019
Technology
The launch of blockchain insurance startup B3i’s Cat XoL product is opening the door for the re/insurance industry to embrace distributed ledger technology. B3i’s chief marketing officer Ken Marke outlines its aims. 14 October 2019
Insurance
The leading provider of web-based property valuation solutions, e2Value takes a unique approach to insurance-to-value and collateral value monitoring. Co-founder Todd Rissel explains how it works. 14 October 2019
Insurance
CLS Risk Solution has launched its Public Procurement Insurance (PPI) for the broker market, having seen a 10-fold rise in enquiries following a recent legal ruling. 14 October 2019
Insurance
Pen Underwriting’s innovative escape of water claims process could save industry almost £100m a year
A new escape of water claims process devised and delivered by specialist insurance business Pen Underwriting, in partnership with third-party administrator Davies Group, has the potential to reduce related industry indemnity spend by almost £100 million a year, Pen Underwriting said. 14 October 2019
Insurance
Private US property/casualty insurers’ surplus reached a new record of $802.2 billion in the first half of 2019, pushed up by insurers’ income and unrealised capital gains, according to Verisk, a data analytics provider, and the American Property Casualty Insurance Association (APCIA). 14 October 2019
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