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Insurance markets in Africa stabilise but insurers ‘less bullish’, finds AIO survey
Insurance
Insurance leaders in Africa remain cautious about business growth despite market stabilisation following the economic downturn of 2015/16, a survey of insurance CEOs has found.   11 June 2019
Perils ups Dragi-Eberhard loss estimate to almost €800 million
Insurance
PERILS has updated its loss estimate for extratropical cyclone Dragi-Eberhard with a revised figure of €798 million. This is an increase from the initial loss of €740 million, which was issued by Perils on the 18th of April 2019.   7 June 2019
Aviva CFO Tom Stoddard steps down
Insurance
UK insurer Aviva has parted ways with its chief financial officer (CFO) and director Tom Stoddard who has decided to step down from June-end to "clear the way for others to step up" as he considers new opportunities.   5 June 2019
Insurance
When it comes to making the most of your captive, there is growing interest in what it can do to help cover cyber risks, Robert Geraghty, senior vice president and international sales leader at Marsh Captive Solutions, told Airmic Today.   5 June 2019
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has acquired The Protectors Group (TPG), an Australian retail broker specialising in construction, hospitality and transport coverage for commercial and corporate clients in Greater Western Sydney.   4 June 2019
Insurance
Specialist venture capital fund Eos has partnered with broker Marsh to develop innovative insurtech solutions that will deliver 'actionable intelligence' to drive real-time risk management within the insurance marketplace.   4 June 2019
Insurance
US property/casualty (P/C) insurers are well placed to weather the landfall of a significant storm in the 2019 hurricane season despite experiencing elevated catastrophe losses in the recent years, according to Fitch Ratings.   4 June 2019
Insurance
Markel Corporation has appointed James Proferes as executive underwriting officer for global professional liability.   4 June 2019
Alternative Risk Transfer
Bermuda-based White Mountains Insurance Group has acquired a minority equity stake in Elementum Advisors, an insurance-linked securities (ILS) manager with over $4 billion of assets under management.   4 June 2019
Insurance
An acceleration in the take-up of technology can be expected “in the next five years” as more insurance industry executives recognise the value it can provide, said Steve Cloutman, managing director at advanced analytics company Ventiv Technology.   4 June 2019

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