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Showing 1 to 10 of 216 results

FCA identifies ‘some areas of concern’ in insurance broker market

UK21-02-2019Insurance news, Reinsurance News, Specialty

The UK Financial Conduct Authority (FCA) has found no significant issues to “merit the introduction of intrusive remedies”, following its review of the wholesale insurance brokers market.

Allianz boosts Allianz X digital investment fund to €1bn after 'pleasing' performance

Europe20-02-2019Insurance news, Reinsurance News, Technology News

German-based Allianz Group has increased the size of its digital investment unit Allianz X, making it one of the largest corporate venture funds in Europe.

Global Risk Partners acquires UK firm with nine broking, MGA businesses

UK05-02-2019Insurance news, Reinsurance News

Global Risk Partners (GRP), a specialist investment vehicle for brokers and managing general agents (MGAs), has acquired a UK-based firm with a portfolio of nine leading specialist insurance broking and managing general agency (MGA) businesses.

QBE implements post-Brexit plans

Europe02-01-2019Insurance news

Business insurance specialist QBE European Operations has implemented its post-Brexit plans, following its Part VII transfers coming into effect on January 1, 2019.

Lemonade, Metromile, Root struggle to reach underwriting profits

Global, North America29-08-2018

The venture-backed full-stack US insurtech startups continued to show rapid premium growth in the second quarter of 2018 with moderately lower underwriting losses but they have yet to generate a sustainable loss ratio under 100 percent, according to “The Second Quarter in InsurTech Start-up Financials” by Matteo Carbone.

Swiss Re-backed FWD insurance group weighs IPO

Asia Pacific, Europe29-06-2018Insurance news

Asian life and general insurer FWD Group has held preliminary discussions with investment banks about a possible initial public offering (IPO) as part of regular meetings about the insurer’s strategy, Bloomberg News reported citing people familiar with the matter.

Serious Fraud Office investigates CBL Insurance

Asia Pacific27-06-2018Insurance news, Reinsurance News

New Zealand’s Serious Fraud Office is now investigating CBL Insurance and associated entities, adding to investigations by the Reserve Bank and Financial Markets Authority.

Airmic report claims CROs still vital

Global, UK12-06-2018Insurance news, Reinsurance News

The need for businesses to have chief risk officers (CROs) as a single person to oversee all aspects of risk is greater than ever, says a new report from Airmic and international consultants Oliver Wyman with support from Marsh.

Crawford appoints former SCOR exec to Lloyd’s unit

Canada, London Market, North America21-05-2018Insurance news

Crawford & Company (Canada), a provider of claims management solutions, has appointed Sandra Harbans to its Lloyd’s unit as director of operations. Harbans has previously worked for SCOR and Northbridge.

IMA appoints new chief operations officer

North America27-03-2018Insurance news

US-based IMA Financial Group has hired Anna Ewing, a former chief financial officer of Vodafone Americas, as its chief operations officer.

Showing 1 to 10 of 216 results

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