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Insurer Chubb has made four appointments to its underwriting team in Middle East and North Africa (MENA) as it continues to build its insurance capabilities in the region. 3 April 2017
Insurance
Global Parametrics (GP), a for-profit, social venture, has secured additional funding for a new initiative which will increase access to disaster protection in developing countries against the impacts of climate change with support from the UK government. 3 April 2017
Insurance
Liability losses in excess of $1billion are becoming more commonplace for companies and are no longer confined to the US and Europe, according to an Allianz report. 3 April 2017
Insurance
Artificial intelligence (AI) and the internet of things (IoT) accounted for almost half of total investment in insurtech startups globally in 2016, according to consultancy firm Accenture. 31 March 2017
Insurance
Lloyd’s of London reported underwriting losses in all classes in the accident year 2016, driving the management to take action to improve underwriting quality and expenses. 31 March 2017
Insurance
A California jury has dismissed the poaching claims made by re/insurance broker Aon, and ruled in favour of insurance brokerage firm Alliant Insurance Services. 31 March 2017
Insurance
Senior vice president at Guy Carpenter, Keith Riley, has stepped down from his role and has entered retirement. 31 March 2017
Insurance
Marsh & McLennan Companies (MMC) has appointed Keith Walsh as the chief financial officer (CFO) of Marsh with effect from May 1, 2017. He will be based in MMC's New York headquarters, and report to the chairman of risk and insurance services Peter Zaffino, and to MMC CFO Mark McGivney. 31 March 2017
Insurance
The Hartford, a US-based property/casualty insurance firm, has appointed Morris Tooker as the head of its middle market segment that offers multiline commercial insurance coverages for midsize and larger businesses. 31 March 2017
Insurance
US-based Ryan Specialty Group (RSG) has announced that it has reached a definitive agreement to acquire all the assets of managing general agency (MGA) LoVullo Associates, a wholesale insurance brokerage and binding authority operation based in New York. 31 March 2017
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