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Insurance

Global catastrophe losses cost insurers $20bn in H1 2019, down 26% from 18 year average

Global natural disaster losses during the first half of 2019 were below average when compared against a 10-year average, according to a new report by Aon's Impact Forecasting.   25 July 2019

Insurance

Sedgwick strengthens international operations with key leadership appointments

Technology-driven risk solutions provider Sedgwick has appointed key executives to support its international growth strategy.   25 July 2019

Insurance

Tokio Marine expands professional risks unit with key new hires

Specialty insurance group Tokio Marine has appointed Stuart Wolstenholme and Lucy Smith to further expand its international media, film & TV capabilities within its professional risks division.   25 July 2019

Insurance

Chubb Q2 2019 profits slip slightly; CEO Greenberg highlights improved pricing environment

The second quarter of 2019 was about "growth and pricing" for Chubb chief executive officer Evan Greenberg, who noted that the company benefited from an improved pricing and underwriting environment.   25 July 2019

Insurance

Reinsurer SCOR ‘delivers strong performance’ in 2019 H1 results, says Denis Kessler CEO and chair

The 2019 half year results for French reinsurer SCOR “deliver a strong performance”, according to Denis Kessler, company chairman and CEO.   25 July 2019

Insurance

ABI welcomes UK government’s new chancellor Sajid Javid

As Prime Minister Boris Johnson started selecting his cabinet yesterday, after being chosen as leader of the Conservative party, his choice of Sajid Javid for chancellor was welcomed by the Association of British Insurers (ABI).   25 July 2019

Insurance

Insurtech Hippo secures $100m to fund expansion; targets 80% coverage of US

Hippo, a California-based insurtech focused on the home insurance market, has secured $100 million Series D funding to fuel expansion of its footprint in the US.   25 July 2019

Insurance

Australia's PSC Insurance to acquire Lloyd's broker Paragon for an estimated £42m

Australian broker PSC Insurance Group is acquiring 100 percent of the share capital of Lloyd’s and London Market broker Paragon International Holdings for a base consideration of £42 million (approximately A$75 million).   25 July 2019

Insurance

AIG appoints Waldner as first chief sustainability officer to lead strategy

American International Group (AIG) has created a position of chief sustainability officer to lead the development and implementation of a company-wide sustainability strategy.   25 July 2019

Insurance

MGAguard unveils new tech-driven platform targeting hospitality and taverns industry

Florida-based MGAguard, a new technology-enabled platform for specialty insurance underwriting, has commenced operations targeting the hospitality and taverns industry.   25 July 2019

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