News
Insurance
Property/casualty insurer Chubb has appointed Juan Luis Ortega as executive vice president, Chubb Group and president, overseas general insurance. 2 August 2019
Insurance
AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings has appointed Jason Busti as president of North America. 2 August 2019
Insurance
Lloyd’s Lab, the experimental development hub for Lloyd’s of London, has unveiled its third cohort of 11 teams, which include AI, big data, microweather technology, risk modelling and language processing innovators. Lloyd's chair Bruce Carnegie-Brown said the chosen firms are the "brightest and best talent from the technology sector". 1 August 2019
Insurance
London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has partnered with car rental startup Splend to provide cover for its UK fleet. 1 August 2019
Insurance
London-based EC3 Brokers has expanded its UK contingency and entertainment division with senior appointments. The new members are the latest joining from Integro Insurance Brokers following James Murphy as head of broking in May. 1 August 2019
Insurance
Specialty insurer Markel International has appointed Mark Nunn as energy underwriter based in Singapore. 1 August 2019
Insurance
Profits soared at Italian insurer Generali as it exceeded all targets in excellent first half 2019 results, partly driven by disposals but mostly due to positive developments in all business segments including life, property & casualty and asset management. 1 August 2019
Insurance
Mergers and acquisitions (M&A) in the global insurance industry are at their highest level for four years up 13 percent to 222 deals completed worldwide in the first six months of 2019 from 196 deals in the six months before. 1 August 2019
Insurance
SOBC DARAG, a subsidiary of run-off specialist DARAG UK, has launched a new office in Bermuda with four senior hires from Randall & Quilter, in a move aimed at "significant expansion" in North America and on the island. 1 August 2019
Alternative Risk Transfer
Specialist insurer Hiscox has made two new appointments within its reinsurance and insurance-linked securities (ILS) business, and named chief underwriting officer for Hiscox USA. 1 August 2019
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