Articles

Insurance

Pioneer appoints new CEO from XL Catlin; chairman Taylor steps down

Pioneer Underwriters has appointed XL Catlin's Andrew McMellin as its new chief executive officer (CEO), and elevated current CEO Dane Douetil to chairman of the business.   25 September 2018

Insurance

Florence loss estimates vary wildly between £2.8bn and $11bn

Risk modelling agencies have been attempting to quantify the losses from Hurricane Florence – but significant variations exist between the loss estimates.   25 September 2018

Insurance

Chubb names new North American property claims leader

Insurer Chubb has appointed Tim Barziza as head of its North American property claims, replacing Bill Turnbull who is retiring at the end of 2018 after over 30 years at Chubb.   25 September 2018

Insurance

Aegon merges legal entities to boost US capital position

Dutch insurance group Aegon is merging two of its US legal entities in a move that is expected to generate a one-time capital benefit of approximately $1 billion.   25 September 2018

Insurance

Insurtech Socotra secures $5.5m funding to modernise insurance technology

San Francisco-based Socotra, an insurtech startup and the creator of the first cloud-native insurance core platform, has raised $5.5 million in a Series A funding round with Silicon-Valley based technology investment firm 8VC.   25 September 2018

Insurance

AXIS ties up with Hyperion arm on environmental risk offering

AXIS Insurance, the insurance business segment of Bermuda-based AXIS Capital Holdings, has partnered with DUAL North America, the underwriting arm of the Hyperion Insurance Group, on a multi-product environmental risk programme.   25 September 2018

Insurance

Markel taps senior underwriter from MS Amlin

Specialist insurer Markel International has hired a senior underwriter from MS Amlin for its PACE (personal accident, contingency, entertainment) team.   25 September 2018

Insurance

Insurance Institute of London names Willis exec as president

The Insurance Institute of London (IIL) has named Nicolas Aubert, head of Great Britain for Willis Towers Watson, as its new president.   25 September 2018

Insurance

Marsh CEO expects faster growth through JLT acquisition

Broker Marsh & McLennan Companies (MMC) CEO Daniel Glaser expects that the group will accelerate the pace of growth through the Jardine Lloyd Thompson Group (JLT) acquisition.   18 September 2018

Insurance

AXIS appoints new CEO of Irish subsidiaries

Bermuda-based re/insurer AXIS Capital Holdings has appointed Helen O’Sullivan as the CEO of AXIS Specialty Europe and AXIS Re.   18 September 2018

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