News
Insurance
Australia-based QBE has been granted a license for a new Belgian subsidiary QBE Europe to enable the company to maintain continued passporting rights across the European Economic Area (EEA) after the UK leaves the EU. 29 May 2018
Alternative Risk Transfer
Mid-year catastrophe reinsurance renewal rate increases are lagging January 1 hikes, notwithstanding mid-year's higher prevalence of loss-impacted accounts and hurricane Irma's continuing modest loss "creep," according to KBW. 25 May 2018
Insurance
The UK government is keen to attract insurtech firms to London and create an environment where they can thrive as part of its plan to keep the city a global insurance hub. 25 May 2018
Insurance
US-based Insightin Health, a digital health company that provides an artificial intelligence-driven (AI-driven) customer relationship management system for health plans, announced the launch of its platform and the closing of a $2 million seed stage financing round. 25 May 2018
Insurance
Global re/insurer MS Amlin has appointed a new chief operating officer (COO) and chief people officer as new CEO Simon Beale repositions the business for the long term. 24 May 2018
Insurance
AM Best has placed under review with negative implications the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa” of International Insurance Company of Hannover SE (Inter Hannover) (Germany), a wholly owned subsidiary of Hannover Re. 24 May 2018
Insurance
American International Group (AIG) has appointed Lisa Sun as CEO of AIG Insurance Company China. 24 May 2018
Insurance
Former Zurich head of financial lines Markus Haefeli and former Zurich head of financial institutions financial lines, Peter Schroeder, have launched Haefeli & Schroeder, an insurance broker specialising in financial lines. 24 May 2018
Insurance
Specialty re/insurer Canopius has appointed Stephan Ott as its new head for Continental Europe, reinsurance. 24 May 2018
Insurance
Farmers Group has appointed current chief claims officer Keith Daly as the new president of personal lines effective June 11. 24 May 2018
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