News

Insurance

Italy's Generali posts increased profits, solid 2018 results beat targets

Profits at Italian insurer Generali soared in 2018 as the company exceeded all its targets for the past three years, attributed to improvements in all group business segments including life, property/casualty and asset management.   14 March 2019

Insurance

Willis Towers Watson hires power and utilities expert from Bowring Marsh

Broker Willis Towers Watson has hired Mark Hiles to assume the role of head of power and utilities for the Central and Eastern Europe, Middle East and Africa (CEEMEA) region.   14 March 2019

Insurance

Aon appoints Brian Cochrane as chief commercial officer for new ventures group

Re/insurance broker Aon has named Brian Cochrane as chief commercial officer for its new ventures group, which comprises of a team of senior executives including CEO Greg Case.   13 March 2019

Insurance

Insurance for legal marijuana hindered by limited policies, finds AM Best

Marijuana insurance is a fast-growing and evolving market but many insurers remain wary of such a controversial product even where it is legalised, according to an AM Best report.   13 March 2019

Insurance

PartnerRe P&C CEO Goldie departs amid management reorganisation

Bermuda-based PartnerRe is reorganising its property & casualty (P&C) business, resulting in the creation of a new regional structure, and departure of its P&C chief executive Charles Goldie.   13 March 2019

Insurance

Bermuda bodies including ABIR, BDA and BIMA seek removal from EU tax blacklist

Industry groups on Bermuda including the Association of Bermuda Insurers & Reinsurers (ABIR)have pledged their support to efforts by the Bermuda government to get the country removed from the European Union’s so-called blacklist list of "non-cooperative" jurisdictions as quickly as possible.   13 March 2019

Insurance

Aon unveils strategic alliance with AI-powered insurtech Zesty.ai to 'revolutionise' underwriting

Re/insurance broker Aon has formed a strategic alliance with US-based artificial intelligence (AI) startup Zesty.ai to improve its underwriting data insights.   13 March 2019

Insurance

RenaissanceRe gets green light for $1.5bn Tokio Millennium Re acquisition

Bermuda-based RenaissanceRe Holdings (RenRe) has received all regulatory approvals required in connection with its acquisition of Tokio Millennium Re and Tokio Millennium Re (UK).   13 March 2019

Insurance

ABI calls for Brexit delay after latest deal voted down

As the latest deal for Britain to leave the EU was voted down in Parliament last night, the possibility of the country leaving with no-deal looked more likely.   13 March 2019

Insurance

Online MGA launches for SME cyber risk in UK

An online MGA has launched focusing on cyber cover for small and medium sized enterprises (SMEs).   12 March 2019

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