Saga seeks new group CEO as Lance Batchelor decides to leave in 2020
Saga, a UK-based specialist insurer for life after 50, has announced that its group chief executive officer Lance Batchelor is set to leave the firm at the end of the current financial year in January 2020.
IAG appoints new board director to implement new strategies
Insurance Australia Group (IAG) has appointed George Savvides as an independent non-executive director to its board.
Chubb charts rise in investor lawsuits in US and questions merit
The number of securities class action lawsuits has more than doubled in the past four years, but according to insurer Chubb, the beneficiaries of the payouts are not “harmed investors” but instead its lawyers bringing cases of “dubious merit”.
Aviva names new Canada, general insurance CEOs amid cost-cutting drive
Insurer Aviva has appointed Jason Storah as new chief executive of its Canadian business, replacing Colm Holmes.
Willis Towers Watson survey claims uptick in US commercial insurance prices in Q1 2019
US commercial insurance prices have increased in the first quarter of 2019, but the growth was just under 2 percent, according to Willis Towers Watson.
Charles Taylor InsureTech sets up shop in Dubai to meet rising demand
Charles Taylor InsureTech has launched an office in Dubai in response to the growing demand for technology-related business transformation programmes in the regional insurance market.
Barbican hires Vibe's Archer to lead international casualty treaty reinsurance
Barbican Insurance Group has appointed Clive Archer as head of international casualty treaty reinsurance.
Aon Securities hires JLT Capital Markets co-heads in ILS growth strategy
Aon Securities, the investment banking division of re/insurance broker Aon, has made two new strategic hires to help drive growth and innovation within its capital markets function.
Berkshire Hathaway opens French hub in European expansion; hires AXA XL exec to lead
Berkshire Hathaway Specialty Insurance (BHSI) has launched a new office in Paris, and appointed François-Xavier d’Huart as country manager, as part of its strategic expansion in Europe.
Tokio Marine taps Skuld’s Knighton to expand marine liability in 'challenging market'
Specialty insurer Tokio Marine HCC has expanded its marine liability division, which began trading in January, with the appointment of Paul Knighton as marine liability & logistics underwriter.
