News
Insurance
French insurer AXA has won a fraud court case in the UK against three-time Home Counties boxing champion Conroy Downer by using Facebook evidence. 31 August 2018
Insurance
European insurers showed “high resilience” to a series of natural catastrophes where European countries are hit in a quick succession of four windstorms, two floods, and two earthquakes, according to the European Insurance and Occupational Pensions Authority (EIOPA). 17 December 2018
Insurance
ProAssurance’s consolidated combined ratio for Q3 is 103.6 percent, a two-percentage point increase quarter-over-quarter. The company said this was primarily due to changes in the mix of premiums earned and a lower amount of prior accident year favourable development due to its perception of loss trends in the healthcare professional liability market. 7 November 2019
Insurance
Insurance Europe’s Reinsurance Advisory Board (RAB), a representative body for the European reinsurance industry, has accused the US National Association of Insurance Commissioners (NAIC) of deviating significantly from the original language of the bilateral agreement on re/insurance prudential measures, concluded between the EU and US in 2017, in its draft implementation plans. 28 October 2018
Insurance
Aspen CEO Christopher O’Kane suggested that senior management will be allowed to stay as he is replaced with Brit chairman Mark Cloutier when Apollo takes control. 2 October 2018
Insurance
Specialist insurer Hiscox has appointed David McLaughlin as chief financial officer in the US, reporting to chief executive Ben Walter. 13 February 2018
Insurance
Bermuda-based Sirius International Insurance Group has highlighted the growth opportunities the firm faces as it revealed its merger agreement with special purpose acquisition firm Easterly Acquisition which will result in Sirius becoming a publicly listed company. 26 June 2018
Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has formed a reinsurance expert committee to review the current regulatory framework for the market. 9 May 2017
Insurance
London-based private equity firm Apax Partners is selling its entire stake in property/casualty broker AssuredPartners to an investor group led by Chicago-based PE firm GTCR. 21 February 2019
Insurance
Hive Aero, a new managing general agency (MGA) specialising in aviation hull war insurance, has appointed Will Gaunt as class underwriter. 3 July 2018
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