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Insurance
Despite the many investments being made in innovation by re/insurers, few are focusing on the one thing that could gain them new business: a more sophisticated sales process, argues John Holm at Lloyd’s managing general agent Asta. 24 October 2017
Insurance
Lloyd’s insurer Novae Group has appointed Alexandra Moon as group general counsel. She also joins Novae’s executive committee reporting to Matthew Fosh, chief executive. 9 February 2015
Insurance
Markel Corporation said on Oct. 11 that it expects to report third quarter pre-tax underwriting losses of $503 million, net of reinstatement premiums, from Hurricanes Harvey, Irma and Maria as well as the Mexico City earthquakes. 12 October 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, is looking to expand its reach in the Nordic region, allowing it to underwrite and service more business through its office in the Netherlands. 30 July 2018
Insurance
Last year was the fourth costliest year for nat cat losses, yet the ILS market enticed 12 new sponsors and saw investors pivot from collateralised reinsurance to catastrophe bonds, says Judy Klugman of Swiss Re. 1 April 2022
Insurance
Argo Group, the specialty re/insurer, has confirmed it will introduce proposals to cut the number of board directors from 13 to 11 and change the way they are elected, as well as confirming changes to executive pay. 9 August 2019
Insurance
California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has closed a $4.5 million Series A round bringing the total funding to $10 million. 28 May 2019
Technology
Large insurance companies are experiencing a threat to their market and doing nothing is not an option. 18 May 2021
Alternative Risk Transfer
American International Group (AIG) has entered into a definitive agreement to acquire all outstanding common shares of Bermuda-based Validus Holdings. 22 January 2018
Insurance
Fidelity National Financial has agreed to acquire title insurance company Stewart Information Services Corporation for an equity value of approximately $1.2 billion. 19 March 2018
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