News

Insurance

Third Point Re, White Mountains make strategic investment in auto insurtech start-up Noblr

Bermuda-based Third Point Reinsurance and White Mountains Insurance Group have made minority equity investments in newly-launched car insurance company, called Noblr.   21 June 2019

Insurance

Lloyd’s reveals new advisory committee of industry veterans as it forges ahead with bold new strategy

Specialist insurance and reinsurance market Lloyd's of London has formed global and London advisory committees to support its "bold new strategy" for the future.   20 June 2019

Insurance

Liberty Mutual Re appoints AXA's Jens Voges to new marine & energy underwriting role

Liberty Mutual Re, a part of Liberty Mutual Insurance Group, has appointed Jens Voges as senior underwriter and product leader of marine & energy within its London market risks (LMR) team.   20 June 2019

Insurance

PG&E agrees $1 billion settlement for fires with law firm Baron and Budd

A US law firm has agreed a $1 billion settlement with PG&E following losses from the 2015 Butte Fire, 2017 North Bay Fires, and 2018 Camp Fire.   20 June 2019

Insurance

Marsh appoints Hanuschak to lead MGU Victor North America as Schaper departs for AIG

Victor Insurance Holdings, the Marsh and McLennan Companies-owned managing general underwriter, has appointed Brian Hanuschak as new president of North America.   20 June 2019

Insurance

Axis publishes loss development triangle data for 2002 to 2018

AXIS Capital Holdings has published loss development triangle data for 2002 to year end 2018.   20 June 2019

Insurance

AIG unveils global reinsurance business AIG Re under Marsh's Christopher Schaper

American International Group has consolidated its assumed reinsurance operations, including Validus Re, AlphaCat and Talbot Treaty, to form one global business, called AIG Re.   20 June 2019

Insurance

AXA group CFO Gérald Harlin to leave after 29 years; triggers reshuffle

French insurer AXA has unveiled leadership changes that will take effect after the departure of its group chief financial officer (CFO) Gérald Harlin, who is leaving the company after 29 years.   20 June 2019

Insurance

Generali strikes strategic technology partnership with Google

Italian insurer Generali has signed a strategic cloud partnership with technology giant Google in order to customise and innovate products and services for its retail and corporate clients, and transform its customer engagement model.   20 June 2019

Insurance

Pay-as-you go insurtech Zego raises $42 million to fund European expansion

London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has raised $42 million Series B funding from investment firm Target Global, with other backers including TransferWise founder Taavet Hinrikus.   19 June 2019

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