Articles

Insurance

Willis Towers Watson appoints Peter Foster to lead global cyber unit

Broker Willis Towers Watson has appointed Peter Foster as chairman of global FINEX cyber and cyber risk solutions.   30 July 2019

Insurance

Asian insurer FWD partners with Pacific Life Re on automated underwriting technology

Asian insurer FWD partners with Pacific Life Re on automated underwriting technology   30 July 2019

Insurance

AXA XL promotes Simona Fumagalli to lead European financial lines business

AXA XL Insurance has appointed Simona Fumagalli as head of international financial lines, Europe, based in Milan.   30 July 2019

Insurance

Chubb appoints Blizzard to grow A&H business in UK & Ireland, Eurasia & Africa

Property/casualty insurer Chubb has appointed Janene Blizzard as vice president of accident and health for the UK and Ireland and its Eurasia and Africa region.   30 July 2019

Insurance

LMG urges ministers to back Brexit deal based on 'equivalence'

As Michael Gove, a senior minister in Prime Minister Boris Johnson’s new government, told the UK’s Sunday Times newspaper that the government was working to the assumption of a no-deal Brexit, the London Market Group (LMG) has published its Brexit update report ‘A new relationship with the European Union’.   29 July 2019

Insurance

Arthur J Gallagher lauds ‘outstanding’ Q2 2019 results plus growth in H1 of the same year

Broker Arthur J Gallagher saw “outstanding” results in the second quarter of 2019, while its half year figures, also ending June 30 2019, showed healthy growth in its brokerage segment.   29 July 2019

Insurance

AXA XL bolsters London reinsurance leadership with Hiscox, Greenlight hires

Re/insurer AXA XL has made three key appointments to its London reinsurance team from Hiscox and Greenlight.   29 July 2019

Insurance

Nexus acquires London-based financial and professional lines MGA Plus Risk

Specialty managing general agent (MGA) Nexus Group has acquired Plus Risk (PRL), a London-based financial and professional lines MGA providing management liability and niche professional indemnity insurance.   29 July 2019

Insurance

Mapfre Re reports almost 30% drop in profits in group H1 2019 results

Spanish based global re/insurer Mapfre reported modest revenue and premium growth overall in its results for the first half of 2019, but its reinsurance business Mapfre Re fared less well with a nearly 30 percent drop in net profit results.   26 July 2019

Insurance

Markel to wind down CatCo Re, launch new retrocessional ILS platform

Specialty insurer Markel Corporation intends to establish a new retrocessional insurance linked securities (ILS) fund platform ahead of the 2020 renewal period in Bermuda, comprised of a reinsurance company, fund entity and investment manager.   26 July 2019

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