Articles
Insurance
US insurer Allstate Corporation said its strategy to grow its personal protection market share, including the acquisition of InfoArmo, is working as it reported its 2018 year end results. 8 February 2019
Insurance
Bermuda-based RenaissanceRe Holdings (RenRe) has appointed Cythnia Trudell to serve as an independent director of the company, following the retirement of Edward Zore. 8 February 2019
Insurance
Channel Syndicate 2015 at Lloyd’s has hired active underwriter Nick Forti from Brit syndicate 2988 as the company is looking to expand its London market profile as a specialist insurer. 8 February 2019
Insurance
Multiple winter storms and extreme cold driven by the polar vortex in January led to a billion-dollar economic cost in the United States, according to the Aon catastrophe report. 8 February 2019
Insurance
Lloyd's re/insurance broker RFIB Group has appointed Joseph Stanoch as a managing director of RFIB Americas. 7 February 2019
Insurance
Coverys Managing Agency, the Lloyd’s managing agent of Syndicates 1975, 1991, 3330, and 1110, has appointed David Reed as its non-executive chairman. 7 February 2019
Insurance
Markel year end results showed losses in shareholder income as the company was affected by declines in both our fixed income and equity portfolios, driven by an increase in interest rates and unfavorable movements in the equity markets during 2018, the co-chief executive officers Thomas S. Gayner and Richard R. Whitt said. However, the two leaders pointed to a more optimistic year ahead saying they are “excited” about the strategic opportunities of the Nephila acquisition competed in the fourth quarter of 2018. 6 February 2019
Insurance
London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has partnered with France-based La Parisienne Assurances (LPA) to expand its services across Europe. 6 February 2019
Insurance
Specialist insurance and reinsurance market Lloyd’s has appointed David Duclos as non-executive chairman of Lloyd’s Global Network, where he will play a key advisory role in the development of Lloyd’s international network. 6 February 2019
Insurance
Specialist insurer Beazley has created a new division, called cyber and executive risk (CyEx), to be led by Mike Donovan. 6 February 2019
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