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Insurance
Tokio Marine Holdings has agreed to buy 100 percent of the outstanding shares of US firm Privilege Underwriters and its subsidiaries, known as the Pure Group, for $3.1 billion (approximately ¥ 325.5 billion).   3 October 2019
Insurance
The insurance sector is financially strong, and the number of people working in it is rising, according to the third-quarter financial services survey undertaken by the Confederation of British Industry and PwC.   3 October 2019
Autonomous vehicles potentially worth ‘trillions’, with driverless cars in use in five or six years: AXA XL’s Copland
Insurance
Driverless cars, or autonomous vehicles (AV), could be more widely in use in a matter of five or six years time, with the potential market worth for this technology in the trillions of pounds, Intelligent Insurer has learned.   2 October 2019
Insurance
Charles Berry has taken up the position of president of the Insurance Institute of London for 2019-20.   2 October 2019
Insurance
Hurricane Lorenzo is hitting the mid-Atlantic Azores Islands with heavy rain, powerful winds and high waves, according to media reports, which say the remnants of the storm will hit the UK and Ireland tomorrow (Thursday).   2 October 2019
Insurance
AXA is using new digital technology that helps it resolve cases 10 times faster, and also boosts interaction with its customers.   2 October 2019
Insurance
Europeans are spending more on insurance, according to the latest key facts publication from trade body Insurance Europe (IE).   2 October 2019
Insurance
Everest Insurance has hired an experienced executive from Aslan Risk Advisors in Philadelphia to boost its sports, leisure and entertainment offering.   2 October 2019
Insurance
Randall & Quilter Investments Holdings, the non-life legacy insurance investor and capacity provider of US and European programme business, has hired Mike Walker, a former partner and the global head of insurance restructuring at KPMG.   2 October 2019
Insurance
Assured Guaranty US Holdings, a subsidiary of financial guaranty insurance company Assured Guaranty, has completed the acquisition of alternative asset management firm BlueMountain Capital Management.   2 October 2019

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