News

Insurance

RenRe CEO declares ‘successful renewals’ while profits fall

Bermuda-based RenaissanceRe CEO Kevin O'Donnell described the recent renewals as “successful,” while profits fell in the first quarter of 2018 despite improvements on the underwriting side.   2 May 2018

Insurance

Swiss Re expands African operations with new P&C licence

Swiss Re has strengthened its African business through its newly approved licence for property & casualty (P&C) business in South Africa.   2 May 2018

Insurance

Lloyd’s CFO resigns, leaves early 2019

Lloyd’s of London’s chief financial officer John Parry is leaving the corporation after 17 years.   1 May 2018

Insurance

PwC unveils partnership to boost insurtech start-ups

Accountancy firm PwC has unveiled a partnership with international start-up rating agency Early Metrics designed to link fast-growth start-ups with established insurance companies to generate mutually beneficial commercial opportunities and relationships.   1 May 2018

Insurance

Investments make Greenlight Re swing to Q1 loss

Hedge fund-backed Greenlight Capital Re reported a loss for the first quarter of 2018 driven by investments.   1 May 2018

Insurance

Tokio Marine Kiln appoints new group chief operating officer

Specialist and corporate insurance provider Tokio Marine Kiln (TMK) has appointed Anna McNamara as group chief operating officer (COO) with effect from April 26.   30 April 2018

Insurance

Insurtech LeaseLock secures $10m in funding

US-based LeaseLock, a new insurance technology product for the rental housing market, announced it has completed a $10 million Series A round of financing to enable expansion.   30 April 2018

Insurance

R&Q CEO reports ‘excellent pipeline’ for new deals

Bermuda-based Randall & Quilter (R&Q) is growing in legacy acquisitions and programme underwriting management and CEO Ken Randall prepared the market for upcoming new transactions.   30 April 2018

Insurance

Guy Carpenter appoints new Bermuda chairman

Marsh & McLennan unit Guy Carpenter & Company has promoted John Fletcher to chairman of the firm’s Bermuda operations with immediate effect.   30 April 2018

Insurance

The human touch is still needed

Despite the rise of robotics and other elements of technology, the human touch is still required in the insurance industry, according to a panel at the Intelligent Automation in Insurance: unlocking the artificial intelligence revolution conference, taking place in London today.   26 April 2018

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