News
Insurance
Re/insurers must invest in developing in new and emerging markets if they are to grow amid a changing world order in terms of economic growth, according to the latest sigma report from Swiss Re Institute. 7 March 2019
Insurance
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has appointed a new regional head of hull and marine liabilities (HML) in North America. 7 March 2019
Insurance
Re/insurance broker Aon has said it will not buy Willis Towers Watson. Its announcement comes within 24 hours of it revealing it was exploring a possible deal with the world’s third biggest broker. 6 March 2019
Insurance
Re/insurance broker Aon’s shock revelation yesterday (Tuesday March 5) that it was mulling a takeover of Willis Towers Watson (WTW) is a result of its hand being forced by Marsh & McLennan’s pending takeover of Jardine Lloyd Thompson (JLT), according to sources close to the company. 6 March 2019
Insurance
A merger between Aon and Willis Towers Watson (WTW) would mean more “job carnage” be bad news for buyers but could mean opportunities for smaller brokers, according to sources in the London Market. 6 March 2019
Insurance
Insurtech ChainThat, a provider of blockchain solutions for the re/insurance industry, is planning to launch the industry's first Distributed Ledger Technology (DLT) driven risk and capital exchange in Bermuda. 6 March 2019
Insurance
US insurtech start-up Pie Insurance has secured $45 million in Series B funding round led by SVB Capital, Sirius Group, Greycroft, Moxley Holdings, Aspect Ventures, and Elefund. 6 March 2019
Insurance
Insurance broking giant Aon has confirmed that a takeover of its competitor and third largest insurance broker Willis Towers Watson is under consideration. 5 March 2019
Insurance
London-based insurtech Zego has launched in Spain, with the opening of a new office in Madrid, to offer flexible pay-as-you-go insurance products to scooter delivery riders and private hire vehicle fleets in the country. 5 March 2019
Insurance
AXA has revealed its plan to expand into a new market through a partnership with mobile phone insurance provider Pier Insurance. 4 March 2019
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