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WR Berkley hires Argo US casualty practice leader Edwards to lead Verus Underwriting
Insurance
WR Berkley Corporation has appointed Marlo Edwards as president of Verus Underwriting Managers, succeeding Dale Pilkington, who is retiring.   13 June 2019
Chubb charts rise in investor lawsuits in US and questions merit
Insurance
The number of securities class action lawsuits has more than doubled in the past four years, but according to insurer Chubb, the beneficiaries of the payouts are not “harmed investors” but instead its lawyers bringing cases of “dubious merit”.   11 June 2019
S&P points to ‘promising’ reinsurance price trends for 2019 despite record cat losses
Insurance
Global reinsurance pricing is “a firming market” rather than a hard one, according to S&P Global, which suggested that “green shoots” could be on the way for reinsurers in 2019.   7 June 2019
Insurance
Allianz is acquiring the remaining 51 percent of Liverpool Victoria Friendly Society's (LV='s) general insurance business that it does not already own, for up to £578 million, and taking full owndership of Legal & General Insurance for £242 million, to become the second largest general insurer in the UK.   31 May 2019
Insurance
​The blockchain insurance industry initiative B3i has grown its investor based as SBI Group confirmed it has become an investor via its SBI AI & Blockchain Fund.   29 May 2019
News
Swiss Re’s latest Sigma report highlights the dangers of so-called secondary losses—which can still pack a nasty punch. Intelligent Insurer investigates.   23 May 2019
Insurance
Former Lloyd’s of London’s chief financial officer John Parry has joined Bermuda-based insurance group Armour as its group CFO.   22 May 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has hired Udo Pützer to join the company’s European insurance platform as head of financial lines insurance, Germany.   21 May 2019
Insurance
US personal auto insurer Safe Auto Insurance Group has filed for an initial public offering (IPO) of its common shares to raise up to $50 million.   21 May 2019
Insurance
Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has strengthened its excess & surplus (E&S) casualty group with the addition of two new hires in Chicago.   13 May 2019

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