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Insurance
The Chartered Insurance Institute (CII) has analysed all 192 insurers, intermediaries, service providers, financial advisors and loss adjusters in the UK who have published pay gap data, and identified an average gender pay gap of 24 percent (measured as median hourly difference). 16 July 2018
Insurance
Broker Lockton has expanded its financial institutions team with the appointment of Brian Horwell as a producer. 13 July 2018
Insurance
Specialist insurance broker Price Forbes, part of the Ardonagh Group of companies, has expanded its power, utility and construction team with four new appointments from JLT, Marsh and Miller. 12 July 2018
Insurance
Specialist re/insurance market Lloyd’s has launched a new digital distribution platform designed to quickly and efficiently connect insurance businesses and entrepreneurs with Lloyd’s underwriters. 11 July 2018
Insurance
Anbang Insurance Group is exploring the sale of Belgian insurer Fidea, Bloomberg News reported citing people “with knowledge of the matter”. 11 July 2018
Insurance
Lloyd’s review of underperforming syndicates could cause pandemonium for managing general agents and disruption in many lines of business if it results in syndicates retracting their capacity from unprofitable areas quickly. 11 July 2018
Insurance
Property/casualty insurer Chubb has become an industry association member of the Blockchain in Transport Alliance (BiTA). 11 July 2018
Insurance
The cost of insurance claims for merger-objection litigation has risen “dramatically” in recent years, according to Chubb. 11 July 2018
Insurance
Re/insurer XL Catlin has appointed Stefan Homberger as head of multinational casualty insurance in the US and promoted Arielle Moody as team lead for the US Eastern region multinational casualty group. 11 July 2018
Insurance
Severe thunderstorms leading to flash floods and hail across the eastern two-thirds of the US in June led to $4 billion economic losses and $3 billion of claims for insurers, according to Aon’s Global Catastrophe Recap report. 11 July 2018
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