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Global insurers expect insurtech growth to threaten their revenues, according to a PwC survey. 29 June 2017
Insurance
Private auto net incurred losses will increase by nearly 7 percent in 2017 to a new record of approximately $154 billion, reflecting elevated volume and costs of claims, according to the third annual US Property & Casualty Insurance Market Report by S&P Global Market Intelligence. 29 June 2017
Insurance
AXIS Insurance, part of Bermuda-based AXIS Capital Holdings, has appointed James DeSimone as senior vice president to lead its primary casualty business in the US Northeast and Midwest regions. 28 June 2017
Insurance
Specialist insurer Beazley has expanded its team focused on US management liability risks with the appointment of underwriter Jason Lowney. 28 June 2017
Insurance
Bermuda-based AXIS Insurance, a part of AXIS Capital Holdings, has appointed Marc Nance to executive vice president, excess and surplus property. He will be based in AXIS' Chicago office. 26 June 2017
Insurance
Top cyber insurance writers have shifted their writings to standalone policies and away from packaged policies, according to a June 22 AM Best report. 23 June 2017
Insurance
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group, has extended its global aerospace leadership with key appointments in North America. 20 June 2017
Insurance
Property/casualty insurer Chubb has appointed Gerard Butler as division president of its North America insurance field operations, and senior vice president of Chubb Group. 20 June 2017
Insurance
Bermuda-based Arch Capital Group said AIG-affiliated shareholders are selling an additional 707,210 common shares in Arch at a public offering price of $92.50 per common share, less underwriting discounts and commission. 20 June 2017
Insurance
UK-based insurance start-up Gryphon Group Holdings has raised £180 million of investment capital from investors Leadenhall Capital Partners and Punter Southall Group. 20 June 2017
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