Articles

Insurance

Argo AGM 2019: shareholders back board but question executive reward

Shareholders voted “overwhelmingly in favour” of directors put forward by re/insurance firm Argo at its AGM, crushing a bid to change direction at the top of the company by activist investor Voce Capital Management.   28 May 2019

Insurance

AIG's Talbot to shut Australian and Lloyd’s China offices

Talbot Underwriting, a subsidiary of American International Group (previously Validus Holdings), is closing its Australian office and Lloyd’s China division, in a move the company hopes will bring "enhanced value" to its partners in the region.   28 May 2019

Insurance

Sharing economy insurance start-up Pikl secures £2.5m funding from Direct Line founder Sir Peter Wood

Norwich-based insurance provider for the sharing economy Pikl has raised £2.5 million seed/pre-series A funding from Sir Peter Wood, the founder of Direct Line and Esure.   28 May 2019

Insurance

Everest Re adds Stone Point founding partner Hartzband to board

Bermuda-based re/insurer Everest Re Group has appointed Stone Point Capital founding partner Meryl Hartzband to its board of directors.   28 May 2019

Insurance

Markel appoints Asia head of personal accident, contingency and entertainment from Chubb

Specialist insurer Markel International has appointed Rajesh Sinha as head of personal accident, contingency and entertainment (PACE) in Asia.   28 May 2019

Insurance

Reinsurance Group of America to acquire Generali's UK life legacy business

Italian insurance group Generali has entered into an agreement for the sale of the life run-off portfolio of its UK branch with a subsidiary of Reinsurance Group of America (RGA).   24 May 2019

Insurance

Lancashire CFO Elaine Whelan to leave after nine years; successor hunt begins

Bermuda-based specialty re/insurer Lancashire Holdings is seeking a new group chief financial officer following the departure of Elaine Whelan next year.   24 May 2019

News

Wind, hail and wildfire: are cat models up to scratch?

Recent catastrophes have revealed that some nat cat models might not be as up to date as they could be. Intelligent Insurer reports.   23 May 2019

News

Swiss Re warns re/insurers of the growing threat of secondary perils

Swiss Re’s latest Sigma report highlights the dangers of so-called secondary losses—which can still pack a nasty punch. Intelligent Insurer investigates.   23 May 2019

Insurance

Voce drops Argo board proposals after regulatory ‘flip-flop’

Activist investor Voce Capital Management has withdrawn its controversial board nominations ahead of insurer Argo’s annual general meeting after official state approval was revoked.   22 May 2019

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