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Insurance
Specialist re/insurance broker BMS Group has appointed Andrew Godden as CEO and Dylan Wilkinson as COO of its Australian operation. 8 May 2018
Insurance
Africa’s insurance markets suffer from excess capacity and cut-throat competition, but a low market penetration offer opportunities for growth. 8 May 2018
Insurance
German insurer Allianz has led the latest fundraising round of Berlin-based insurtech startup Simplesurance, alongside other investors such as Rheingau Founders and Rakuten Capital. 8 May 2018
Insurance
Profitability will remain under pressure for Bermuda reinsurers following a trying 2017, though the collective strength of the sector should remain largely intact, according to Fitch Ratings' latest peer review of the sector. 8 May 2018
Insurance
US-based insurance and financial services provider Nationwide has made a strategic venture capital investment in Betterview, a software platform and service provider for capturing and analysing data from drones. 8 May 2018
Insurance
Innovative Coverage Concepts (ICC), a wholesale broker and managing general agency (MGA), has appointed Joe Chamberlain as chief operating officer. 8 May 2018
Insurance
Malaysian Reinsurance Berhad (Malaysian Re), a wholly owned subsidiary of MNRB Holdings Berhad, has licensed AIR Worldwide’s catastrophe risk modelling platform for portfolio management and managing new risks. 8 May 2018
Insurance
Warren Buffett said he doesn’t want Berkshire Hathaway being a leader on cyber insurance because neither he nor others in the industry really know the risk, according to a May 5 Bloomberg News report. 8 May 2018
Insurance
American International Group (AIG) reported a drop in net income to $938 million in the first quarter of 2018 from $1.2 billion in the same period a year ago as natural catastrophes impacted the results. 3 May 2018
Insurance
American International Group is not expected to report large reserve charges when it posts 2018 first quarter results on May 2 despite a differing liability assessment with Berkshire Hathaway, according to Morgan Stanley analysts. 1 May 2018
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