News

Technology

Why blockchain transcends insurtech and can drive growth for insurers – as well as cut costs

Blockchain has the potential to do more than cut costs and create efficiencies for re/insurers – it can also be used to drive growth and assimilate varied insurtech platforms. And those companies that fail to realise its potential will be left behind.   9 June 2020

Insurance

Lockton acquires Griffiths & Armour's Glasgow business

Lockton Companies has acquired the Glasgow general insurance business of Griffiths & Armour as it builds on its investments in the Scottish corporate insurance market.   6 October 2014

Insurance

Maiden CEO steps down amidst restructuring

Maiden Holdings is replacing the CEO and the chief financial officer amidst a restructuring of the business.   10 August 2018

Insurance

The Hartford hires former Gen Re president

Morris Tooker, the former president of Gen Re’s property/casualty reinsurance business, has resurfaced at US insurer The Hartford.   21 July 2015

Insurance

Chubb appoints new buyer ahead of critical renewals season

Chubb has appointed a new reinsurance buyer – just as the run in to the January 1 renewals season gets into full swing.   1 August 2016

Insurance

No return to soft market for German motor insurers: S&P

Although the German motor insurance market has seen a hard cycle of rising prices since 2011, it does not expect to see a rapid return to a soft cycle, S&P Global Ratings has said in a report.   20 December 2016

Insurance

Allianz Global Corporate & Specialty appoints NA head of aviation

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has named David Warfel as head of aviation, North America.   29 September 2017

Insurance

Aviva UK Life CEO appointed ABI chairman

Andy Briggs, chief executive officer (CEO) of Aviva UK Life and chairman of Aviva Global Life, has been nominated by the Association of British Insurers (ABI) Board to become its next chairman.   8 June 2016

Insurance

Charles Monat to buy Willis Towers Watson's global wealth solutions unit

Insurance broker Charles Monat Associates (CMA), which has a prominent presence in Asia, has agreed to a management buyout (MBO) to acquire 100 percent of the global wealth solutions business of Willis Towers Watson.   11 May 2017

Insurance

Russia’s new state-owned reinsurer starts grabbing business

A new state-backed reinsurer in Russia will hit the long-term growth potential of global reinsurers in the country, which will be forced to cede a percent of premium to the new entity even on existing long-term treaties.   7 December 2016

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