Articles
Insurance
Proxy advisory firms Glass Lewis and ISS have urged SCOR shareholders to vote against large remuneration and compensation packages for SCOR chairman and CEO Denis Kessler, ahead of the company’s AGM on 26 April in Paris. 17 April 2019
Insurance
The British Insurance Brokers’ Association (BIBA) has appointed Alastair Blundell, formerly head of distribution at Tokio Marine Kiln Group, to a new position of head of general insurance. 17 April 2019
Insurance
Reinsurer PartnerRe has hired AXIS Re's Jonathan Colello as CEO of property and casualty (P&C) Americas, and president of Partner Reinsurance Company of the US. 16 April 2019
Insurance
The insurance workforce needs to evolve to work effectively with new technologies as the London market embraces modernisation and transformation initiatives, suggests a new report by PwC and the Lloyd's Market Association (LMA). 15 April 2019
Insurance
UK construction and engineering companies face “severely adverse changes to their insurance policy conditions” in the year ahead, which “will threaten construction companies’ ability to do business”, according to Mactavish, a commercial insurance placement and disputes firm. 15 April 2019
Alternative Risk Transfer
S&P has predicted “stable to gradually increasing activity” in the European property casualty run-off market in a report. 15 April 2019
Insurance
Swiss insurer Baloise Group is acquiring Belgian multi-sector insurer Fidea NV from the Chinese Anbang Insurance Group for €480 million. 15 April 2019
Insurance
Insurdata, an insurtech firm which intelligently creates, enhances, scores and transfers high resolution, peril-specific exposure and risk data, has secured $3 million from a group of investors led by Anthemis and Menlo Ventures. 15 April 2019
Insurance
Argo has urged its shareholders to ignore voting cards and information they may have received from activist investor Voce Capital Management that could be used to vote out board members and replace them with Voce nominees. 12 April 2019
Insurance
US-based insurtech start-up Flyreel, a provider of artificial intelligence-powered underwriting solution for commercial and residential insurers, has secured $3.85 million in funding led by Gradient Ventures, Google’s AI-focused venture fund. 12 April 2019
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