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Efforts by Lloyd’s of London to transform the market from a predominantly paper-based system to a digital one have shown “significant” progress in the final quarter of 2018, figures show. 5 February 2019
Insurance
Insurer Chubb has launched a new media industry practice for the UK and Ireland in response to "segment growth and feedback from key broker partners". 5 February 2019
Insurance
WR Berkley Corporation has appointed Arthur Davis as new president of Vela Insurance Services, succeeding David Jordan, who has moved to another senior leadership position at a Berkley portfolio company. 5 February 2019
Insurance
Global Risk Partners (GRP), a specialist investment vehicle for brokers and managing general agents (MGAs), has acquired a UK-based firm with a portfolio of nine leading specialist insurance broking and managing general agency (MGA) businesses. 5 February 2019
Insurance
Current insurance losses for the Townsville floods in Australia are valued at $45 million, from 3,500 claims, however, the Insurance Council of Australia (ICA) expects these figures to rise as people begin to return home to assess the damage. 5 February 2019
Insurance
Ironshore Specialty Casualty, a Liberty Mutual Company, has revealed executive appointments to oversee its programmes business unit in the US. 4 February 2019
Insurance
Aon’s annual results revealed its strongest organic growth since 2006 despite implementing new reporting standards that slashed millions off the total revenue. 1 February 2019
News
French mutual insurance company Covéa has rejected all the accusations leveled by reinsurance firm SCOR as "groundless" and a "strategy to manipulate the judicial process", and reiterated its support for its chief executive Thierry Derez and his actions. 31 January 2019
Insurance
Tom Fitzgerald, the chief executive of Aon Broking, is leaving the company after 27 years of service to start the "next chapter" in his career. 31 January 2019
Insurance
AXIS Capital posted a small profit in 2018 but company president and CEO Albert Benchimol admitted that results in the fourth quarter specifically were “unsatisfactory” as they were hit hard by property and catastrophe losses. 31 January 2019
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