News

Insurance

Aston Lark makes key hire to drive future growth strategy under Goldman Sachs

UK insurance broker Aston Lark has appointed Andrew Scola to its executive leadership team in the newly created role of group chief technology and operating officer.   8 October 2019

Insurance

PCI elects new officers to board of governors

The Property Casualty Insurers Association of America (PCI) has elected new officers to its board of governors.   30 October 2018

Insurance

Challenges ahead as complex risk of renewables drives up costs

Mounting pressure on governments and insurers to adopt more sustainable models is driving investment in renewables. But climate change coupled with an adjusting insurance market is making renewables projects more expensive to insure.   13 March 2020

Awards

Big can be beautiful, say survey respondents

While innovation and the ability to be responsive to clients’ needs are often highly valued qualities within a rapidly changing reinsurance industry, sheer size and financial strength are also qualities still considered critical by many buyers.   19 June 2013

Insurance

Chubb appoints new UK and Ireland financial institutions head post underwriting merger

Insurer Chubb has appointed Jonathan Kennett as head of financial institutions for the UK and Ireland and Chubb Global Markets (CGM), the insurer's London Market wholesale and specialty arm.   9 April 2019

Alternative Risk Transfer

Generali praises diversity offered by ILS deal

Generali has said the success of its recent catastrophe bond shows that investors appreciate the company’s recent moves to streamline its balance sheet and ensure long-term profitability. The bond also provides it with more flexibility and diversity of capital, the Italian insurer said.   29 April 2014

Insurance

Health data start-up HumanAPI attracts $10m investment from SCOR and Guardian Life

French reinsurer SCOR has made a strategic investment in California-based health data start-up HumanAPI.   21 February 2019

Alternative Risk Transfer

Artex acquisition of Horseshoe will see the Bermuda firm ’become global brand of ILS services for Artex’

Artex Risk Solutions has confirmed it will acquire Bermuda-based Horseshoe Insurance Services Holdings which it said will “significantly strengthen” its insurance-linked securities (ILS) operations.   3 October 2019

Insurance

Hiscox partners with US insurtech for claims handling

Global specialist insurer Hiscox is introducing a customer messaging solution from Boston, Massachusetts-based insurtech firm Hi Marley for AI-powered claims handling communications.   3 September 2018

Insurance

AXIS hires new chief analytics officer from Allstate

Bermuda-based AXIS Capital has hired Govind Balu as chief analytics officer to lead a range of initiatives including the implementation of machine learning and artificial intelligence across the organisation.   9 January 2019

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