Articles

Insurance

Argo hires new Brazil CEO from Swiss Re to drive strategic expansion

Argo Seguros, the Brazilian underwriter of specialty insurance and reinsurance products and a member of Argo Group, has appointed Newton Queiroz as its new CEO.   25 April 2019

Insurance

Cyber security readiness ‘stalls’ as attacks intensify, finds insurer Hiscox

Global cyber security has “stalled” despite a sharp rise in attacks and soaring costs from the fall out, according to the Hiscox Cyber Readiness Report 2019.   24 April 2019

Alternative Risk Transfer

Prudential closes $2.6bn longevity reinsurance deals in pre-Brexit rush

Prudential Retirement, a unit of Prudential Financial, has completed approximately $2.6 billion in previously undisclosed longevity reinsurance contracts, assuming the longevity risks of about 16,000 pensioners, ahead of Brexit.   24 April 2019

Insurance

Aon merges construction and inland marine groups in growth strategy

Re/insurance broker Aon is merging its construction & engineering and inland marine teams into a single global unit within its reinsurance solutions business, in a move it hopes will enhance its growth opportunities.   24 April 2019

Insurance

Axon makes strategic move into Latin America with $10m backing from Asian partners

Specialty lines programme administrator Axon Underwriting has launched a new reinsurance unit, Axon Re, to expand its cargo and stock throughput reinsurance programme across Latin America.   24 April 2019

Insurance

Broker Brightside appoints new COO from Swinton Group

UK broker Brightside Group has appointed Richard Beaven as group chief operating officer (COO), reporting to group CEO Brendan McCafferty.   24 April 2019

Insurance

MarketScout invests in cyber insurtech start-up Wingman

MarketScout, the electronic insurance exchange and specialty managing general agent (MGA) in the US, has invested in cyber insurtech platform Wingman.   24 April 2019

Insurance

Sompo International appoints Thomas Brazil as new CEO of European unit

Bermuda-based specialty re/insurer Sompo International Holdings has appointed Thomas Brazil as the new chief executive officer of SI Insurance (Europe), the company’s platform for European Economic Area (EEA) insurance business.   23 April 2019

Insurance

Aon Risk Map 2019: populism and terrorism create new business threats

Evolving terrorist ideologies and attacks combined with the rise of populism in Europe present new risks for businesses worldwide, according to the Aon 2019 Risk Map.   12 April 2019

Insurance

Aon uses artificial intelligence to extract critical data insights from historical documents

Re/insurance broker Aon has partnered with US-based insurtech Groundspeed to extract critical data insights from its unstructured documents using artificial intelligence (AI) technology.   11 April 2019

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