News
Insurance
Fidelis Insurance Holdings has formed a new Bermuda-domiciled special purpose insurer, which it plans to use to provide collateralised capacity support for Fidelis’ reinsurance portfolio. 4 June 2018
Insurance
Specialist insurer Tokio Marine HCC has appointed Susan Rivera as its next chief executive officer effective Sept. 1, replacing current CEO Christopher Williams. 27 July 2018
Insurance
Insurance broker Lockton has hired Chris Hartnett in its Nashville office, and James Spears in St. Louis Series, as new producers. 18 July 2017
Insurance
London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has raised $42 million Series B funding from investment firm Target Global, with other backers including TransferWise founder Taavet Hinrikus. 19 June 2019
Insurance
Global Risk Partners (GRP), a specialist investment vehicle for brokers and managing general agents (MGAs), has acquired a UK-based firm with a portfolio of nine leading specialist insurance broking and managing general agency (MGA) businesses. 5 February 2019
Insurance
American International Group (AIG) has recruited property/casualty insurer Chubb's Anita Williamson as global head of employee communications. 15 August 2017
Insurance
AXIS Capital posted a small profit in 2018 but company president and CEO Albert Benchimol admitted that results in the fourth quarter specifically were “unsatisfactory” as they were hit hard by property and catastrophe losses. 31 January 2019
Alternative Risk Transfer
The insurance-linked securities market won’t be badly hit by the sudden surge in hurricane activity in recent weeks, according to Paul Schultz, chief executive officer at Aon Securities. 20 October 2016
Insurance
Specialist insurance broker Price Forbes, part of the Ardonagh Group of companies, has launched a new professional liability division following the hire of an experienced team that previously worked at wholesale insurance broker Lloyd & Partners, which was merged with JLT Specialty in 2015. 23 July 2019
Insurance
Liberty Specialty Markets (LSM) has appointed Jon Rigby to the newly created role of chief cyber officer, based in London. 23 July 2019
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