News
Insurance
The board of the London Market Group (LMG) has confirmed that its market modernisation programme, the London Market Target Operating Model (LM TOM), will cease to operate in its current form. 27 September 2019
Insurance
Ratings agency AM Best has revised the outlook of specialty insurance company ProAssurance Corporation to negative from stable, expressing concern over its operating performance in recent years. 27 September 2019
Insurance
New Energy Risk, an affiliate of global insurer AXA XL, has made several key hires and promotions to drive its future growth strategy as the company plans expansion into new technology sectors. 27 September 2019
Insurance
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has paid out $12.8 million to the Bahamas Government for Hurricane Dorian that caused widespread devastation in the northern part of the country. 27 September 2019
Insurance
UK insurer Aviva has appointed Jason Windsor as new chief financial officer (CFO) and executive director of the company, replacing Tom Stoddard who stepped down from the position in June. 27 September 2019
Insurance
AXA has overtaken AIG in the United States directors and officers (D&O) liability market, a sector that has seen double-digit rate increases in the past year. 27 September 2019
Insurance
The Chartered Insurance Institute (CII) has welcomed a report saying that consultation with the public is essential in reaching a consensus on what constitutes responsible use of artificial intelligence (AI) and data. 27 September 2019
Insurance
Asian insurer FWD Group has appointed David Korunić as the new chief executive officer for SCB Life Assurance Public Company (SCBLIFE), following the completion of its acquisition of SCBLIFE from The Siam Commercial Bank Public Company (SCB). 27 September 2019
Insurance
Broker Willis Towers Watson has appointed Joe Peiser as global head of Broking within its corporate risk and broking segment. 27 September 2019
Insurance
US-based property/casualty insurer The Hartford has appointed Deepa Soni as new chief information officer (CIO), succeeding Mark Esposito, who is retiring after a 13-year career with the company. 27 September 2019
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