News
Insurance
The 30-day “go-shop” period in which the Navigators Group was seeking alternative acquisition offers has expired on Sept. 21 without a submission of a more attractive alternative to the one from The Hartford Financial Services Group. 26 September 2018
Insurance
Speciality insurer Tokio Marine HCC has added three new underwriters from QBE, Gallagher and Kennedys to its professional risks teams. 26 September 2018
Insurance
Canadian multinational insurance and financial services company Manulife has entered into four-year $400,000 partnership with the Waterloo Artificial Intelligence Institute at the University of Waterloo. 26 September 2018
Insurance
US-based insurance platform Boost Insurance has launched Paladin Cyber as its first insurtech partner. 26 September 2018
Insurance
Denis Kessler, the chief executive of SCOR, has dismissed accusations that the board’s snub of Covéa’s €8.2 billion offer to buy the reinsurer amounted to “gross management negligence” in a strongly worded letter in which he also accuses the shareholder that made the allegation of defamation. 25 September 2018
Insurance
AXIS Surplus Insurance, a subsidiary of AXIS Capital, will go to court to argue it does not have to cover the defence costs of filmmaker Harvey Weinstein in connection with pending civil and criminal litigation, which includes two rape charges, under a directors and officers policy. 25 September 2018
Insurance
Pioneer Underwriters has appointed XL Catlin's Andrew McMellin as its new chief executive officer (CEO), and elevated current CEO Dane Douetil to chairman of the business. 25 September 2018
Insurance
Risk modelling agencies have been attempting to quantify the losses from Hurricane Florence – but significant variations exist between the loss estimates. 25 September 2018
Insurance
Insurer Chubb has appointed Tim Barziza as head of its North American property claims, replacing Bill Turnbull who is retiring at the end of 2018 after over 30 years at Chubb. 25 September 2018
Insurance
Dutch insurance group Aegon is merging two of its US legal entities in a move that is expected to generate a one-time capital benefit of approximately $1 billion. 25 September 2018
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