Articles

Insurance

Beazley combines cyber, executive units to tackle 'most challenging risks'

Specialist insurer Beazley has created a new division, called cyber and executive risk (CyEx), to be led by Mike Donovan.   6 February 2019

Insurance

Cost reductions and life boost results at Generali

Italian insurer Generali posted a strong set of results for 2017 including a record operating result, a performance it attributed to its life business, asset and wealth management segment, investment performance and implementing cost reductions ahead of schedule.   15 March 2018

Insurance

BMS boosts Australian team with senior hire from InterRISK

Specialist re/insurance broker BMS Group has appointed Danny Gluszkiewicz as a director of its Australian operations. He joins from InterRISK Australia.   13 July 2018

Insurance

Blockchain insurance initiative B3i confirms John Carolin as CEO

B3i Services, the blockchain insurance industry initiative, has appointed John Carolin as its chief executive officer (CEO).   17 July 2019

Insurance

Markel agrees out of court deals with former CatCo CEOs over ‘wrongful termination’ claims

Markel has reached an out of court agreement with two former CatCo executives to resolve claims for a total of $73.4 million for alleged “wrongful termination” of employment.   17 July 2019

Insurance

Ogden discount rate ‘just a bump in the road’ for motor insurers, says S&P

S&P Global Ratings said the less generous than expected minus 0.25 percent Ogden discount rate announced yesterday is ‘just a bump in the road’ for UK motor insurers.   16 July 2019

Insurance

Asta strengthens actuarial capabilities with senior hire

Lloyd's third-party managing agent Asta has appointed Laura McMaster as deputy chief actuary, reporting to chief actuary Richard Barke.   12 April 2018

Insurance

PICC plans $1.6bn Shanghai IPO

People’s Insurance Group of China (PICC), which owns the nation’s biggest non-life insurer, is planning to raise more than $1.6 billion through a Shanghai listing, according to a Reuters April 10 report.   11 April 2018

Insurance

Brit expands capacity for Bermuda sidecar and Lloyd’s Syndicate 2988

Specialty re/insurer Brit has completed the fifth annual renewal and expansion of its Bermuda domiciled special purpose insurer Versutus.   25 February 2019

Insurance

Manulife funds AI research on disability claim, fraud detection

Canadian multinational insurance and financial services company Manulife has entered into four-year $400,000 partnership with the Waterloo Artificial Intelligence Institute at the University of Waterloo.   26 September 2018

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