News
Insurance
Commercial insurance prices increased by 2 percent in Q4 2018, the steepest increase since Marsh began its Global Insurance Market Index in 2012, and the fifth consecutive quarter of average increases. 26 February 2019
Insurance
The board of the Argo Group has described a letter by Voce Capital Management, a shareholder in the company, which heavily criticises Argo’s performance and leadership, as misleading, inaccurate and a “personal attack” on its chief executive Mark Watson III. 26 February 2019
News
Re/insurer Hiscox CEO Bronek Masojada praised the company’s “strong growth” in its 2018 results as he said the “tough action” taken in its London Market business was paying off. 25 February 2019
Insurance
Berkshire Hathaway stayed in the black in 2018 helped by its P&C and life and health insurance divisions, but its profits were hit by new accountancy rules that Warren Buffett, its chairman, criticised. 25 February 2019
Insurance
San Francisco-based insurtech Arceo.ai, a provider of cyber resilience solutions, has launched with a debut platform that enables insurance carriers to automate and enhance their cyber insurance, while increasing the security of their insureds. 25 February 2019
Insurance
CFC Underwriting, a specialist insurance provider and Lloyd's managing general agent (MGA), has recruited Hiscox's Jonathan Fletcher as chief technology officer (CTO). 25 February 2019
Insurance
Broker Willis Towers Watson has appointed Ben Dunston as head of broking in Asia to lead its next phase of growth, based in Singapore. 25 February 2019
Insurance
Australia-based QBE Insurance Group returned to profit last year helped by "significantly reduced catastrophe claims", after an extreme 2017, and a robust cost-cutting programme. 25 February 2019
Insurance
Specialty re/insurer Brit has completed the fifth annual renewal and expansion of its Bermuda domiciled special purpose insurer Versutus. 25 February 2019
Insurance
Re/insurance broker Aon has expanded the scale of a restructuring plan first announced in 2017. 22 February 2019
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