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Insurance
Automation (robotisation) and connectivity are fundamentally reshaping how manufacturing and service industries work – which will in turn radically change the risks they face and the way they buy risk coverage, according to a new report titled “The underwriter of the future – Six years on” by Oliver Wyman and the Chartered Insurance Institute. 23 May 2018
Insurance
The International Underwriting Association (IUA) has established a new cyber group dedicated specifically to consider the concerns of reinsurers. 23 May 2018
Insurance
Broker Aon is to acquire US-based real estate and investment management firm Townsend Group, majority owned by Colony NorthStar, for $475 million. 4 September 2017
Insurance
The Camp and Woolsey fires in California have now burned through more than 230,000 acres, destroyed more than 9,000 structures and damaged more than 150 structures since the blaze ignited on Thursday, November 8, according to AIR Worldwide. 15 November 2018
Insurance
Insurance broker Lockton has expanded its London-based real estate and construction practice with the hire of Justin Warents as business development executive. 20 February 2017
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has hired mining specialist Stuart Hill as a director to strengthen its global mining and property capabilities. 18 October 2017
Insurance
Commercial insurance prices were nearly flat during the third quarter of 2017, according to Willis Towers Watson’s most recent Commercial Lines Insurance Pricing Survey (CLIPS). 11 December 2017
Insurance
A destructive wildfire raging in southern California has expanded significantly, scorching an area larger than New York City, BBC News reported on Dec. 11. 11 December 2017
Insurance
Howden, the retail broking arm of Hyperion Insurance Group, has acquired a majority stake in New Generation Insurance Services (NGIS) in Oman. 13 November 2017
Insurance
Blackstone Insurance Solutions, a new business launched by private equity group Blackstone, has hired the former president of New York Life’s Investments Group as its chief executive. 10 January 2018
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