News
Insurance
Specialty re/insurer Canopius has signed an agreement with Korea's Samsung Fire & Marine Insurance (SFMI) that will see SFMI become a significant minority investor in the company. 3 May 2019
Insurance
Re/insurer Argo Group has fought back against “Voce Capital’s continued falsehoods” by reiterating its “strong track record” and work to drive growth and value for shareholders, as the war of words with the activist investor shows no signs of abating. 3 May 2019
News
As artificial intelligence is used on an increasingly wide variety of insurance applications, insurers need to keep an eye out for additional possible uses, according to Pamela Negosanti global vice president of insurance at AI firm Expert System. 2 May 2019
Insurance
Lloyd's has published its strategic plan of "transformational initiatives", including simplifying market access and lowering costs, to ensure the 333-year-old marketplace can thrive in an increasingly challenging environment. 1 May 2019
Insurance
In another attack on Argo and its board, activist investor Voce Capital Management has published a detailed plan explaining how, it claims, Argo could “unlock substantial shareholder value”. 1 May 2019
Insurance
Broker Willis Towers Watson has launched a new political risk insurance programme supported with over $1 billion of market capacity. 1 May 2019
Insurance
Bermuda-based White Mountains Insurance Group has appointed Frank Bazos as executive vice president and head of M&A (mergers and acquisitions). 1 May 2019
Insurance
Bermuda-based Langhorne Re, a global reinsurer targeting large in-force life and annuity blocks, has appointed Timothy Gasaatura as chief actuary in Bermuda. 1 May 2019
Insurance
London-based law firm Devonshires is planning to enter the insurance market, and has hired a senior executive from CMS to develop its new practice. 1 May 2019
Insurance
The market is now well overdue a fundamental correction in pricing, something Stephen Catlin will look to capitalise on with his new venture Convex Group, unveiled yesterday (Tuesday May 1). He claims that losses in the industry have been so severe in recent years they are on the verge of destroying capital – something that should prompt a radical change. 1 May 2019
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