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Insurers plan to divest 21.2 percent of their portfolios from fossil fuels over the next decade and to ramp up allocations to renewable energy to 10.6 percent over the same period, according to a new survey by Octopus Group, a group of ethically-minded financial services and energy supply businesses. 14 October 2019
News
PartnerRe has revealed that Nicolas Burnet will succeed Mario Bonaccorso as executive vice president and chief financial officer when he retires on March 31, 2020. 11 October 2019
News
Allianz Insurance has made three new appointments across its small and medium-sized enterprises (SME) and corporate partner team. 11 October 2019
Insurance
Brokerslink, a global network of independent brokers, has established a new regional team to help drive growth and opportunities for its partners and affiliates in Africa. 11 October 2019
Insurance
Thames Underwriting, a niche construction and commercial lines MGA, has established a new office in London with the appointment of four senior underwriters from Munich Re, MS Amlin, Pen Underwriting and Coast Underwriting. 11 October 2019
Insurance
UK-based insurtech start-up Cuvva has appointed Lloyd's of London chaiman Bruce Carnegie-Brown to chair its board, succeeding Nick Parker. 10 October 2019
Insurance
American International Group (AIG) has appointed John Panagakis as chief executive officer (CEO) of its fixed income investment manager, First Principles Capital Management (FPCM). 10 October 2019
Insurance
San Francisco-based new life insurer Ethos, which uses predictive analytics and data technology to eliminate traditional barriers to life insurance, has expanded its executive team with the hiring of Old Mutual's Brett Wilson as the company’s first vice president of risk & actuarial. 10 October 2019
Insurance
The Directors and Officers (D&O) market is losing insurers money and needs to be realigned after the number of carriers shot up over the last decade, said a leading industry player. 9 October 2019
Insurance
BMS Group has secured a long-term equity investment, which values the specialist re/insurance broker at £500 million, from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP). 9 October 2019
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