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Insurance
Broker USI acquires Wells Fargo’s commercial insurance business
USI Insurance Services (USI) said on June 27 that it has entered into an agreement with Wells Fargo & Company to purchase Wells Fargo Insurance Services USA.   27 June 2017
Insurance
ABI makes four Board appointments
The Association of British Insurers (ABI) has made four new Board appointments.   23 May 2016
Insurance
Global reinsurers ask EU for mutual market access with Britain post-Brexit: Report
Global reinsurers have written to the European Commission (EC) to ask it to ensure mutual access between British and European Union reinsurance markets after the UK leaves the bloc due to worries about market disruption, according to extracts from a letter seen by Reuters.   26 June 2017
Insurance
Departure forces Allianz Global Corporate to appoint new global cyber head
Allianz Global Corporate and Specialty (AGCS) has promoted Emy Donavan to lead its cyber insurance business, succeeding Nigel Pearson who has left the company to pursue other opportunities.   14 March 2017
News
Investment returns drive Third Point Re to profit in Q1
Bermuda-based property/casualty reinsurer Third Point Re has reported a profit in the first quarter of 2017 after a loss in the same period a year ago due to significant improvements in investment returns.   5 May 2017
Insurance
Chubb increases company dividend for 23rd consecutive year
The shareholders of insurance firm Chubb have approved all matters submitted to the Chubb 2016 annual general meeting, held at the company's offices inZurich, Switzerland.   20 May 2016
Insurance
Barbican bolsters cyber team with Allianz execs
Barbican Insurance Group has appointed Graeme King to lead its cyber division as the business group leader, and Richard Spotswood as cyber underwriting manager.   14 February 2017
Insurance
Marsh forms new broker network structure following Bluefin acquisition
Global insurance broking and risk management firm Marsh has created a new practice for broker networks within Jelf and Bluefin’s direct and partnership (D&P) division.   28 September 2017
Insurance
Portugal’s deadliest fire kills 62 while fleeing the blaze
More than 1,000 firefighters are battling Portugal's deadliest forest blaze after it killed at least 62 people over the weekend, Reuters reported on June 19.   19 June 2017
Insurance
New alliance to drive blockchain use in insurance broker market
Blockchain technology company Bitfury Group and risk and insurance advisory firm Risk Cooperative have entered into a strategic partnership to drive blockchain applications in the $60 billion insurance intermediation market.   19 June 2017

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