MGAA may enlarge membership to embrace insurtechs, says body’s chair Manchester
Many insurtech firms are very similar in their scope and function to managing general agents – and could benefit from being part of the Managing General Agents' Association (MGAA).
MS Amlin strengthens European war business with Aon hire
Re/insurer MS Amlin has hired senior Aon executive Brecht van Hoorebeke to develop and grow its war business across continental Europe.
Horseshoe appoints new London head from MS Amlin for ILS boost
Bermuda-based Horseshoe Group has appointed Jean-Bernard Crozet as senior vice president – advisory services and head of London office.
Travelers unveils standalone cyber insurance in UK, Ireland
Property/casualty insurer Travelers Europe has launched a new standalone cyber insurance product for businesses in the UK and Ireland.
More than 100 die in record floods in Japan
At least 100 people have died in Japan as record rainfall caused flooding and landslides in western Japan, according to news reports.
Paul Jardine favoured as new Lloyd’s CEO
Paul Jardine, previously Catlin’s chief operating officer and now responsible for XL Group’s communications & marketing function, claims and distribution strategy, is the favourite candidate for Inga Beale’s successor as CEO of Lloyd’s of London, according to a survey by Intelligent Insurer.
US storm insured losses exceed $100m in one week
Powerful thunderstorms led to extensive damage across parts of the Central and Eastern United States from June 29 to July 4, causing economic and insured losses expected to well exceed $100 million, according to Aon’s Weekly Cat Report.
Largest German run-off life deal paves way for more
The Generali deal which will see the Italian insurer sell its unit Generali Leben would be the largest run-off deal in Germany to date in what will be a growing theme in the German life insurance market, according to Fitch Ratings.
Willis Towers Watson appoints new FINEX leader to seek growth
Broker Willis Towers Watson has appointed Jeremy Wall as head of global FINEX, the financial and executive risk division of its corporate risk & broking business.
Neon bolsters specialist bloodstock team with TMK hire
Specialist Lloyd's insurer Neon has appointed Bill Bevan as senior underwriter for its bloodstock and livestock division.
