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Re/insurers with their sights set high must substitute old habits and ways of working with brave strategic thinking if they hope to join the ‘power curve’ club of top profit makers. Intelligent Insurer reports on significant new research from McKinsey. 13 August 2019
Insurance
Specialty re/insurer Canopius has partnered with artificial intelligence (AI) and deep-learning property analytics start-up Arturo. 13 August 2019
Insurance
UK-based life insurer Rothesay Life has insured £520 million of defined benefit liabilities for the Cadbury Mondelēz Pension Fund. 12 August 2019
Insurance
Re/insurance broker Lockton has hired William Barber to lead its international healthcare strategy, which forms part of its professional and financial services offering. 12 August 2019
Insurance
New Jersey-based Specialty Program Group (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired specialty insurance programme manager The Mechanic Group. 12 August 2019
Insurance
CIC Services, a risk management and consulting firm specialising in the formation and operation of captive insurance companies, has launched a new reinsurance pool for property and casualty (P&C) coverages. 12 August 2019
Insurance
Broker Brown & Brown has has acquired substantially all of the assets of Virginia-based independent insurance broker WBR Insurance, which operated until recently as part of Nationwide Mutual Insurance Company’s exclusive distribution model. 9 August 2019
Insurance
Most of the top 20 reinsurers have switched strategy to take advantage of the price uptick, seen during the April, June and July 2019 renewals, by increasing their exposure to catastrophe risk, a report from S&P Global has found. 9 August 2019
Insurance
UK's life and general insurer Aviva has said that the company is "considering a range of options" to enhance its Asian business as new CEO Maurice Tulloch looks to re-energise the business with a fresh growth strategy. 8 August 2019
Insurance
Property/casualty insurer Travelers Companies has appointed David Rowland and Daniel Yin to executive vice president and co-chief investment officer, effective immediately. 8 August 2019
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