Florida is preparing for the impact of Hurricane Michael which could make landfall as a category 3 storm later this week, according to data provider CoreLogic.
Aviva CEO Mark Wilson is stepping down and a search for a successor has been started.
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Michael Scala as chief underwriting officer, Asia Pacific.
Speciality insurer Chaucer has hired Rajeev Menon as regional treaty underwriter for Asia, MENA and the Indian-Sub-Continent from reinsurer Qatar Re.
Consulting and digital solutions provider Davies group is acquiring Ember group, a customer experience (CX) consulting and digital solutions business.
Broker Willis Towers Watson has entered into an international insurtech partnership with Plug and Play, a startup accelerator and corporate innovation platform, to access latest technological innovation.
Outgoing Lloyd’s CEO Inga Beale has received sexist and homophobic abuse when she became the first female CEO of Lloyd’s of London, according to The Times.
Tropical storm Michael is expected to become a hurricane and carry strong winds and rain to Cuba, Florida and southern Georgia, according to the National Hurricane Center (NHC).
Following an in-depth business and financial review, S&P Global Ratings believes Marsh&McLennan (MMC) will likely be committed to and able to de-lever back to a range appropriate for the firm’s current rating despite a very significant increase in debt to fund its acquisition of insurance broker JLT.
Lancashire Holdings has issued a profit warning for its third quarter 2018 results due to losses in its marine and catastrophe re/insurance portfolios.