News
Insurance
Re/insurance broker Miller has hired two senior executives from Willis and Tindall Riley & Co. to bolster its UK professions team and expand its insurance offering to large professional practices. 5 July 2019
Insurance
Brazil-based insurer Sul América (SA) has received an indicative, non-binding offer for its automobile, and property and casualty insurance portfolio from German firm Allianz SE, according to a filing SA made to the Brazilian Securities and Exchange Commission this week. 5 July 2019
Alternative Risk Transfer
Allianz Global Corporate & Specialty (AGCS), Allianz group's specialist corporate insurer, will cease underwriting long tail risks in Australia and close its operations in New Zealand with effect from September 2019, following a "strategic review" of the business. The decision has led to the departure of its Pacific CEO Willem Van Wyk. 4 July 2019
Insurance
Everest Insurance International, the specialty insurance division of Bermuda-based Everest Re Group, has appointed Martin Leeks to its Lloyd’s Syndicate 2786 as a medical malpractice and multi-national/ specialty underwriter. 4 July 2019
Reinsurance
AM Re has facilitated the introduction of Asian capacity providers to US risk a match that benefits both parties and which is going from strength to strength as a result, Shevawn Barder, the company’s chief executive, tells Intelligent Insurer. 3 July 2019
Insurance
Specialist re/insurance market Lloyd’s of London has appointed Jennifer Rigby as new chief operations officer (COO). 2 July 2019
Insurance
US-based specialty insurance brokerage Alliant Insurance Services has joined global broker network Brokerslink and is set to become a shareholder in the near future. 2 July 2019
Insurance
Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1, and July 1, 2019, renewals according to the latest 1st View renewals report from Willis Re. 2 July 2019
Insurance
UK brokers are increasingly modernising their trading practices to embrace e-trading, with 94 percent currently placing business electronically, according to FWD Research, a research consultancy, which has competed a report on the use of e-trading by brokers. 2 July 2019
Insurance
Insurance risk and commercial law firm BLM has launched BLM Innovations, a suite of seven online analytics, case management and communications tools, which use artificial intelligence (AI) to predict the outcome a claim. 2 July 2019
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