News
Alternative Risk Transfer
Re/insurer AXA XL has revealed that Chris McKeown, the former CEO of New Ocean Capital Management, has stepped down from his role as vice chairman to pursue other interests outside the company. 2 April 2019
Insurance
As Marsh & McLennan, Guy Carpenter’s parent company, finalised its acquisition of Jardine Lloyd Thompson (JLT) today, Guy Carpenter’s Peter Hearn, president and CEO, and Ross Howard, vice chairman emphasised their focus on technology and how it will change the nature of risk. 1 April 2019
Insurance
Global reinsurance, wholesale and specialty broker Ed has lured Abhishek Chhajer to the company to be head of credit, political risks and surety solutions, Asia Pacific. 1 April 2019
Insurance
Insurance claims following the Ethiopian Airlines crash and consequent grounding of Boeing’s 737 Max 8 planes could be as much as $1 billion, according to James Vickers, chairman of Willis Re International. 1 April 2019
Insurance
Lloyd’s insurer and member of Argo Group, ArgoGlobal, has secured Helen Donegan as head of operations – Europe, Middle East and Asia. 1 April 2019
Insurance
Specialist insurer Beazley has appointed a new lead to develop the business in Germany from 1 April 2019. 1 April 2019
Insurance
SCOR has merged its Global Life SE and Global P&C SE businesses into SCOR SE as part of a three year strategic plan. 1 April 2019
Insurance
AM Best has maintained a “negative outlook” for the UK non-life insurance market as it is buffeted by economic and political uncertainty caused largely by Brexit. 29 March 2019
Insurance
As US aircraft manufacturer Boeing announced software upgrades to its 737 Max planes, it remained unclear how far this fix could mitigate the potential losses for the global insurance industry. 28 March 2019
Insurance
US-based insurtech platform Slice Labs has launched a new business unit, called Slice Mind, that combines artificial intelligence (AI), machine learning and behavioural psychology to predict insurance risk and make recommendations. 28 March 2019
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