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AXA XL promotes Simona Fumagalli to lead European financial lines business
Insurance
AXA XL Insurance has appointed Simona Fumagalli as head of international financial lines, Europe, based in Milan.   30 July 2019
LMG urges ministers to back Brexit deal based on 'equivalence'
Insurance
As Michael Gove, a senior minister in Prime Minister Boris Johnson’s new government, told the UK’s Sunday Times newspaper that the government was working to the assumption of a no-deal Brexit, the London Market Group (LMG) has published its Brexit update report ‘A new relationship with the European Union’.   29 July 2019
Arthur J Gallagher lauds ‘outstanding’ Q2 2019 results plus growth in H1 of the same year
Insurance
Broker Arthur J Gallagher saw “outstanding” results in the second quarter of 2019, while its half year figures, also ending June 30 2019, showed healthy growth in its brokerage segment.   29 July 2019
Insurance
Re/insurer AXA XL has made three key appointments to its London reinsurance team from Hiscox and Greenlight.   29 July 2019
Alternative Risk Transfer
Hiscox has delivered profits in its results for the first six months of 2019 “despite a more challenging claims experience”, said Bronek Masojada, chief executive at the re/insurer.   29 July 2019
Insurance
Bermuda-based reinsurer PartnerRe enjoyed solid growth and improved non-life combined ratio in the second quarter of 2019. The results were driven by strong property/casualty performance and investment gains.   29 July 2019
Insurance
Investors splurged $1.41 billion on insurtech firms in the second quarter of 2019, marking the fourth consecutive occasion where investments exceeded $1.2 billion.   29 July 2019
Insurance
US-based independent agency Cobbs Allen has launched a specialty insurance brokerage business with the hiring of senior insurance executives Paul Sparks and Darren Sonderman.   29 July 2019
Insurance
Broker Aon reported “strong organic revenue growth”, for the fourth consecutive quarter, in its 2019 second quarter results, published today (26 July).   26 July 2019
Insurance
Property/casualty insurance holding company Kingstone, through its wholly-owned subsidiary Kingstone Insurance Company (KICO), has signed new reinsurance treaties with multiple carriers for the treaty year beginning July 1, 2019.   26 July 2019

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