Articles

Insurance

Greensmith succeeds Jardine as AXA XL UK CEO

Re/insurer AXA XL which has recently completed its merger has appointed Paul Greensmith as UK CEO replacing Paul Jardine who is leaving the group later this year.   24 September 2018

Insurance

Swiss Re replaces Corporate Solutions CEO with Allianz executive

Swiss Re has hired Andreas Berger from Allianz Group as chief executive of Swiss Re Corporate Solutions.   24 September 2018

Insurance

Fitch warns about Marsh & McLennan debt burden after JLT takeover

Fitch Ratings has placed the ratings of Marsh & McLennan Companies (MMC) on Rating Watch Negative following its agreement to acquire Jardine Lloyd Thompson Group (JLT) for roughly $5.6 billion.   24 September 2018

Insurance

L&H insurtech attracts more financing than P&C in H1

Investors are putting more capital into life & health (L&H) insurtech ventures than in property/casualty (P&C) insurtech firms.   24 September 2018

Insurance

Hyperion unit Tamesis Dual taps underwriting director from Hiscox

Tamesis Dual, part of the underwriting arm of the Hyperion Insurance Group, has appointed Ben Love as director of underwriting, based in London.   24 September 2018

Insurance

Berkshire-backed new motor MGA launched in Gibraltar

Hedgehog, a new online motor insurance provider targeting drivers who face higher than average premiums has been launched in Gibraltar.   24 September 2018

Insurance

London Market launches delegated authority platform

The London Market Group (LMG) is launching its delegated authority platform this week as a core part of the London Market Target Operating Model (TOM).   24 September 2018

Insurance

Florence will likely trigger NFIP reinsurers – again

Hurricane Florence will likely be an earnings event for the private insurance industry but the National Flood Insurance Program (NFIP) could be hit with heavy losses, potentially resulting in claims for its reinsurers for the second year in a row and its first cat bond being triggered, according to Fitch Ratings.   21 September 2018

Insurance

Insurtech transactions reach new peak but volumes fall

A total of 71 Insurtech funding transactions during the second quarter of 2018 marks a record high, according to the new Quarterly InsurTech Briefing from Willis Towers Watson (WTW).   20 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

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