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American International Group (AIG) has received the final approval from the High Court of England & Wales to split its European business among two new entities ahead of the UK’s exit from the European Union. 26 October 2018
Insurance
Californian automaker Tesla is partnering with Liberty Mutual Insurance to offer an auto insurance plan designed specifically for its electric cars in the US, Bloomberg News reported on Oct. 13. 16 October 2017
News
Renaissance Re CEO Kevin O'Donnell said during the reinsurer’s second quarter 2018 earnings call that he sees “reasonable tailwind” for business. 26 July 2018
Insurance
Catastrophe risk modeling firm AIR Worldwide has released a new severe thunderstorm model for Europe that will allow for a comprehensive assessment of atmospheric risk in the region. 10 September 2018
Insurance
Broker Gallagher has bolstered its Manchester-based team with two experienced specialists from Marsh to build out its footprint in the north of the UK. 26 July 2018
Insurance
Specialty re/insurer MS Amlin has bolstered its Asia Pacific underwriting team based in Singapore with three new hires from Swiss Re, Marsh and Singapore War Risks Mutual. 8 June 2018
Insurance
The German life insurance market is heavily under pressure in terms of profitability, but this represents a great opportunity to provide finality to portfolios by using run-off as a strategic tool, Robert Buchberger, managing director at Pro Germany, told Baden-Baden Today. 24 October 2018
News
The latest version of modelling tools coupled with internal expertise and potentially external advisors can give re/insurers a good understanding of their cyber risk accumulation, Christer Pehrson and Laurent Marescot of RMS, told Baden-Baden Today. 24 October 2018
Insurance
Intermediary Hyperion Insurance Group will establish a new technology-focused business that will manage the group's third-party insurtech investments, as well as incubate its own start-up ventures. 23 October 2018
Insurance
JLT Specialty, the US subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Gary Pestana as executive vice president (EVP) and leader of JLT Specialty’s real estate practice. 24 September 2015
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