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Insurance
Broker Miller will acquire Alston Gayler and Co, an independent London market re/insurance broker specialising in multiple lines of business, from Nelson Holdings.   22 October 2018
Ed embraces insurtech to put specialist products on line
News
Advances being made by insurtech will be fundamental to the industry going forward and is a key part of the strategy of broker Ed for this reason, Jonathan Prinn, group head of broking at Ed, told Baden-Baden Today.   22 October 2018
Japan events drive Swiss Re Q3 nat cat loss to $1.1bn
News
Swiss Re estimates its preliminary combined claims burden from recent large natural catastrophes in the third quarter of 2018 at approximately $1.1 billion, net of retrocession and before tax, dominated by weather-related losses in Japan.   18 October 2018
News
Japanese conglomerate Softbank Group continues to hunt for ways to accelerate the digital upheaval in the insurance industry, including tie-ups with unspecified reinsurance players, said David Thevenon, dealmaker of the company’s Vision Fund, according to a Reuters Oct. 16 report.   18 October 2018
Insurance
Bermuda-based RenaissanceRe Holdings (RenRe) estimates losses from third quarter 2018 catastrophe events will have a net negative impact of approximately $155 million on its third quarter 2018 results of operations.   18 October 2018
Insurance
UK small businesses are being targeted with an average of 65,000 attempted cyber-attacks every day and at least one small business in the UK is successfully hacked every 19 seconds, according to a Hiscox report.   18 October 2018
Insurance
US-based property/casualty (P&C) insurer Chubb has appointed Judy Gonsalves as vice president of Chubb Group and division president of Bermuda, responsible for the commercial P&C insurance business on the island.   18 October 2018
Insurance
Broker Willis Towers Watson has formed a new claims resolution team to expand its advocacy capabilities and facilitate efficient financial recovery for its clients in complex and contested claims scenarios.   18 October 2018
Insurance
AEGIS London, a Lloyd's managing agency and the UK-based subsidiary of AEGIS, has hired James Hyett as cargo underwriter.   18 October 2018
Insurance
Reinsurance broking and risk/capital management firm TigerRisk Partners has appointed Jonathan Hughes as partner from re/insurance broker Aon.   18 October 2018

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