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Insurance
Insurers have faced a multi-billion dollar bill from natural disaster events occurred worldwide during April 2017, reveals Aon Benfield’s global catastrophe recap report. 10 May 2017
Insurance
The interconnectivity of devices and Internet of Things (IoT) can adversely impact insurers’ balance sheets and portfolios due to the nature of cyber risk aggregation. 10 May 2017
Insurance
Insurance and investment firm Standard Life has revealed in a document that the agreed merger with Aberdeen Asset Management will result in the loss of around 800 jobs. 10 May 2017
Insurance
Major broker Aon has appointed Jason Hogg as leader of cyber solutions and as CEO of Stroz Friedberg. 10 May 2017
Insurance
Bermuda-based specialty lines re/insurance provider AXIS Capital has said that its chief financial officer Joseph Henry will retire at the end of 2017 and that he will be replaced by AXIS Insurance chief operating officer Peter Vogt. 10 May 2017
Insurance
The British Insurance Brokers Association (BIBA) CEO Steve White has warned the insurance industry to be wary of current turmoil affecting the sector. 10 May 2017
Insurance
Bermuda-based mortgage insurance provider Essent Group has announced that Adolfo Marzol has resigned from its board of directors. 10 May 2017
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has teamed up with Managing General Agents’ Association (MGAA) to support the UK’s delegated underwriting network. 10 May 2017
Insurance
Lemonade, an artificial intelligence-focused insurtech company, has launched its homeowners and renters insurance offering in California. 10 May 2017
Insurance
French insurer AXA has said that it intends to list a minority stake of its US operations in the first half of 2018 to create “significant additional financial flexibility to accelerate AXA’s transformation.” 10 May 2017
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