News

Insurance

RSA sees strong growth opportunity in five industry practices to be launched this year

RSA Insurance Group is launching five industry practices within its UK & International (UK&I) global risk solutions business to drive "strong profitable growth" in the areas it sees tremendous opportunity.   9 May 2019

Insurance

AIG-backed insurtech Azur uses augmented underwriting to combat inefficiencies

Azur, a managing digital agent (MDA) specialising in the UK's high net worth insurance market, has partnered with technology firm Logical Glue to implement algorithms that it said will enable better risk analysis in order to free up underwriters to focus on more complex risks and broker relationships.   9 May 2019

Insurance

Munich Re hires new Singapore & Southeast Asia CEO from Canopius

Munich Re has appointed Linus Phoon as chief executive officer (CEO) of Singapore and Southeast Asia, succeeding Till Böhmer who is returning to the company's head office in Germany to take up a new role.   9 May 2019

Insurance

AIG's Talbot founder Rupert Atkin steps down, is replaced by ex-Marsh chair

American International Group (AIG) has appointed Marsh's David Batchelor as new non-executive chairman of Talbot Group, replacing the company's founder Rupert Atkin who is stepping down after 28 years.   9 May 2019

Insurance

PWC: UK insurers could bag £49.5bn ‘disruption’ boost by 2030

The UK’s financial sector is predicted to be in line for £100 billion increase in new business by 2030, as technological advances collide with macro-economic and behavioural shifts, PWC has said.   8 May 2019

Insurance

Asian GoBear secures $80m to develop digital financial platform

Asian financial supermarket GoBear, has confirmed $80 million funding to grow its mobile financial products and invest in technology innovators across the region.   8 May 2019

Insurance

Beazley partners with Lloyd's insurers to tackle reputational risk

Specialist Lloyd’s insurer Beazley is partnering with other Lloyd’s insurers to offer an insurance and crisis management solution that helps mitigate reputational risk.   8 May 2019

Alternative Risk Transfer

Willis Re: ILS market growth slows for two consecutive quarters

Growth in the insurance-linked securities (ILS) market has slowed for the second quarter in a row, according to the Willis Re ILS Market Update.   7 May 2019

Insurance

Ryan Specialty Group and Nationwide to launch new reinsurer Geneva Re in Bermuda

Ryan Specialty Group (RSG) has teamed up with insurance and financial services provider Nationwide to launch a new reinsurance company based in Bermuda, Geneva Re.   7 May 2019

Insurance

Reinsurance Association of America elects new officers from AXA XL, Hamilton Re and Markel

The Reinsurance Association of America (RAA) has elected John Welch, chief executive North America, AXA XL Reinsurance, as the new chairman of its board.   7 May 2019

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