Articles

Insurance

AXA welcomes building safety standards legislation promised in Queen’s speech

The promised laws to implement new building safety standards, as outlined in the Queen’s Speech yesterday, have been welcomed by Douglas Barnett, director of mid-market and customer risk management at AXA Insurance.   15 October 2019

Insurance

AXA makes key changes in AXA IM’s leadership: Gérald Harlin to become executive chairman

Gérald Harlin, AXA’s group deputy CEO and group CFO, will be appointed executive chairman of AXA Investment Managers (AXA IM), effective December 1. He will implement the next phase of AXA IM’s strategy with the aim of accelerating the company’s development. Harlin will continue to report to Thomas Buberl, CEO of AXA, in this role.   15 October 2019

Insurance

Gallagher acquires Florida-based The Doyle Group and its affiliates, known as Direct To PolicyHolder

Gallagher has acquired Ponte Vedra Beach, Florida-based The Doyle Group and its affiliates, collectively doing business as Direct To PolicyHolder (DTPH).   15 October 2019

Insurance

Chubb finds ransomware accounts for 40% of manufacturers’ cyber claims in 2019

Ransomware accounts for 40 percent of manufacturers’ cyber claims in 2019 so far, according to a report by Chubb.   15 October 2019

Insurance

Interest in diverse approaches in terrorism cover grows at IFTRIP

Terrorism cover might reach up to 2-4 percent of investment portfolios as investors look to diversify away from pure natural catastrophe risks.   15 October 2019

Insurance

Schneider and HDI team up to transform industrial insurance

Industrial insurer HDI Global and Schneider Electric are to collaborate on the digital transformation of industrial insurance through data.   15 October 2019

Insurance

Specialist MGA Thames expands team with Munich Re, MS Amlin hires; opens London office

Thames Underwriting, a niche construction and commercial lines MGA, has established a new office in London with the appointment of four senior underwriters from Munich Re, MS Amlin, Pen Underwriting and Coast Underwriting.   11 October 2019

Insurance

Climate change worries for insurers escalate as activists buy company shares - AXA XL

Climate change is the biggest worry for many insurers in the Directors & Officers (D&O) liability sector, with shareholding activism exacerbating the problem.   9 October 2019

Insurance

Resolution Re names Steve Hales as CEO; Bermuda-domiciled reinsurer looks to build business

Steve Hales has been appointed CEO of Bermuda-domiciled reinsurer Resolution Re, part of the Resolution Life Group.   8 October 2019

Insurance

6m customers overpaying for insurance – Financial Conduct Authority

Some six million customers are overpaying for their insurance, according to the UK’s watchdog, the Financial Conduct Authority (FCA), which has proposed tough new measures to address the issue.   4 October 2019

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