News

Insurance

Reinsurance Association of America elects new officers from AXA XL, Hamilton Re and Markel

The Reinsurance Association of America (RAA) has elected John Welch, chief executive North America, AXA XL Reinsurance, as the new chairman of its board.   7 May 2019

Insurance

EU Court backs CCR’s French nat cat despite complaints, SCOR responds

The General Court of the European Union has backed the European Commission decision to approve CCR’s natural disaster reinsurance scheme based in France despite objections from French reinsurer SCOR.   7 May 2019

Insurance

HDI Global appoints new head of Switzerland from AXA XL

Industrial lines insurer HDI Global has appointed Michael Rüsch as the new authorised representative and head of its branch for Switzerland.   7 May 2019

Insurance

Former Aon president McGill sees opportunity as M&As limit choice

Mergers and acquisitions in the insurance market have cut client choice to such an extent that industry veteran and former Aon group president Steve McGill spotted an opportunity for a new kind of venture.   7 May 2019

Insurance

New MGA platform targeting European insurance market launches

Germany-based insurtech company GMBC has launched a new master managing general agent (MGA) platform for the European insurance market.   7 May 2019

Insurance

JLT Re's Pete Chandler joins BMS Group as president of US reinsurance

Specialist re/insurance broker BMS Group has appointed Pete Chandler as president of its US reinsurance operations. Chandler is the latest in a series of recent high-profile hires from JLT.   7 May 2019

Insurance

Argo fights back against Voce ‘falsehoods’ with detailed SEC filing

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

Insurance

US insurtech Indio secures $20m funding for business insurance platform

Indio Technologies, an insurtech company that streamlines the business insurance application process, has secured $20 million in Series B funding led by Menlo Ventures, with participation from 8VC.   3 May 2019

Insurance

Markel taps AIG's Guenter Kryszon for global property role

Specialist insurer Markel Corporation has appointed AIG's Guenter Kryszon to the position of executive underwriting officer for global property.   3 May 2019

Insurance

Insurance Council of Australia adds Zurich, Allianz execs to board

The Insurance Council of Australia (ICA) has strengthened its board with the appointment of two new directors.   3 May 2019

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