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Insurance
After consolidating and streamlining the business on the back of the merger of Willis Group Holdings and Towers Watson, Willis Towers Watson is again getting ready for merger & acquisitions (M&As), CEO John Haley said during the first quarter results conference. 9 May 2018
News
Having endured the heavy losses of 2017, reinsurers should enjoy an improvement in profits in 2018 as rates improve and cat losses return to normal levels, according to Fitch Ratings. 4 May 2018
Insurance
Australia and New Zealand Banking Group (ANZ) has finalised a reinsurance arrangement with Zurich and has received around $1 billion of reinsurance proceeds. 8 May 2018
Insurance
Ascent Underwriting, the managing general agent (MGA) specialising in emerging and professional risks, has strengthened its cyber product with the addition of social engineering fraud coverage to its crime module. 29 July 2015
Insurance
US-based property/casualty insurer The Hartford has entered into a renewal rights agreement with the Farmers Exchanges to acquire its Foremost-branded small commercial business sold through independent agents. 20 February 2018
Insurance
The ability of cyber attackers to move quickly and target new sectors and markets almost at will is hampering effective product development, according to the head of one major re/insurer. 23 October 2015
Insurance
Property/casualty insurer Accredited Surety and Casualty Company (ASC), a subsidiary of Randall & Quilter (R&Q), has stricken an agreement with Forestry Insurance Company for its commercial auto liability business in South Carolina and Georgia. 1 November 2017
Insurance
Commercial insurance pricing increased for the fourth consecutive quarter in the third quarter of 2018 by more than 1 percent, driven by property and financial and professional lines, according to the most recent Global Insurance Market Index compiled by Marsh. 22 November 2018
Insurance
Re/insurer XL Group has revealed several organisational and leadership changes ahead of the planned integration with the AXA Group. The move has led to the departure of top executives such as chief executive of global lines Doug Howat and chief experience officer Paul Jardine. 15 May 2018
Insurance
Cyber insurance and directors’ and officers’ (D&O) liability insurance go hand in hand now that company business models increasingly revolve around technology, according to a white paper published by Airmic with support from Marsh and AIG. 5 November 2018
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