Articles

Insurance

AIG appoints Lyons as chief financial officer

American International Group (AIG) has appointed Mark Lyons as executive vice president and chief financial officer (CFO), succeeding Sid Sankaran.   5 December 2018

Insurance

Generali acquires asset manager from Bank of America

Italian insurer Generali is accelerating its asset management strategy by acquiring 100 percent of CM Investment Solutions (CMISL) from Bank of America Merrill Lynch.   5 December 2018

Insurance

Zurich on track for 2019 targets

Zurich Insurance Group is on track to achieve its 2017-2019 financial targets, management said on Dec. 5, 2018.   5 December 2018

Insurance

Hamilton hires Sirius executive to drive corporate strategy

Bermuda-based Hamilton Insurance Group has hired Michael Papamichael as senior vice president of strategy and corporate development from Sirius Group.   5 December 2018

Reinsurance

Blockchain’s future in insurance takes shape

The re/insurance industry holds high expectations for blockchain technology as an opportunity to increase efficiency of insurance processes, and the future is beginning to take shape with the launch of new platforms and products. Intelligent Insurer reports.   4 December 2018

Insurance

Qudos Insurance placed into liquidation; DARAG enters risk transfer deal

Investment management company New Nordic Advisors has placed its wholly-owned insurance subsidiary Qudos Insurance (Qudos) into liquidation, effective immediately, following a comprehensive review of the insurance company’s position.   27 November 2018

Insurance

Zurich partners with insurtech Snapsheet in claims innovation strategy

Zurich Insurance Group has partnered with Chicago-based Snapsheet, a provider of virtual claims technology for the personal and commercial insurance marketplace.   27 November 2018

Insurance

RSA appoints new specialty, wholesale leader

UK-based RSA Group has appointed Geoff Jones as director of its specialty and wholesale unit, part of its global risk solutions (GRS) business.   27 November 2018

Insurance

California wildfire losses may reach $19bn: CoreLogic

The Camp and Woolsey wildfires in California are expected to cause economic losses between $15 billion and $19 billion, according to data provider CoreLogic.   27 November 2018

Insurance

Insurtech Corvus raises $10m to expand into commercial lines

Boston-based insurtech Corvus has raised $10 million Series A investment led by venture capital firm .406 Ventures and Hudson Structured Capital Management, with participation from Bain Capital Ventures.   27 November 2018

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