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Insurance
As technology evolves, reliable data from wearable devices should streamline and accelerate life insurance underwriting, SCOR said in a Feb. 9 blog. 9 February 2018
Insurance
Windstorms Friederike, Eleanor and Carmen which hit Western and Central Europe in January are expected to cost European insurers more than $2 billion losses, according to Aon Benfield. 9 February 2018
Insurance
Bermuda-based property and casualty re/insurer Sompo International is acquiring Italian agriculture insurance specialty company A&A, according to a Feb. 8 press release. 9 February 2018
Insurance
Marsh & McLennan Agency (MMA), the middle market agency subsidiary of Marsh, has acquired Highsmith Insurance, a Raleigh, North Carolina-based independent insurance brokerage firm. 9 February 2018
Insurance
Shares of Bermuda-based insurer XL Group jumped following news that it is attracting interest from rivals including Allianz of Germany. 8 February 2018
Insurance
SCOR declined opportunities to grow in proportional reinsurance at the January renewals because it perceived rates as inadequate. This is in contrast with some of its competitors including Munich Re, which have signed some large proportional deals. 8 February 2018
Insurance
Willis Towers Watson has grown the commissions and fees of its reinsurance business (Investment, Risk & Reinsurance) by 5 percent year on year in the fourth quarter of 2017 to $300 million. Organically, the recorded growth in the segment was 4 percent. 8 February 2018
Insurance
Specialist insurer Hiscox is changing its group management structure to build on growth momentum in its retail businesses, according to a Feb. 8 press release. 8 February 2018
Insurance
Bermuda-based AXIS grew gross premiums written in its reinsurance segment by 62 percent year on year in the fourth quarter of 2017 excluding the Novae acquisition. 8 February 2018
Insurance
Brokerslink, a global network of independent brokers, has appointed Jacqueline Legrand as its new CEO. 8 February 2018
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