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Tokio Marine expands into Mexico with new subsidiary targeting surety market
Insurance
Specialty insurance group Tokio Marine HCC has formed a new Mexican subsidiary to further expand its international surety operations.   26 July 2019
Chubb Q2 2019 profits slip slightly; CEO Greenberg highlights improved pricing environment
Insurance
The second quarter of 2019 was about "growth and pricing" for Chubb chief executive officer Evan Greenberg, who noted that the company benefited from an improved pricing and underwriting environment.   25 July 2019
Reinsurer SCOR ‘delivers strong performance’ in 2019 H1 results, says Denis Kessler CEO and chair
Insurance
The 2019 half year results for French reinsurer SCOR “deliver a strong performance”, according to Denis Kessler, company chairman and CEO.   25 July 2019
Insurance
As Prime Minister Boris Johnson started selecting his cabinet yesterday, after being chosen as leader of the Conservative party, his choice of Sajid Javid for chancellor was welcomed by the Association of British Insurers (ABI).   25 July 2019
Insurance
Hippo, a California-based insurtech focused on the home insurance market, has secured $100 million Series D funding to fuel expansion of its footprint in the US.   25 July 2019
Insurance
Australian broker PSC Insurance Group is acquiring 100 percent of the share capital of Lloyd’s and London Market broker Paragon International Holdings for a base consideration of £42 million (approximately A$75 million).   25 July 2019
Insurance
American International Group (AIG) has created a position of chief sustainability officer to lead the development and implementation of a company-wide sustainability strategy.   25 July 2019
Insurance
Florida-based MGAguard, a new technology-enabled platform for specialty insurance underwriting, has commenced operations targeting the hospitality and taverns industry.   25 July 2019
Insurance
Specialty insurance group Tokio Marine HCC has hired senior Chubb and Euler Hermes executives to expand its international surety capabilities into Continental Europe. The company believes the region has experienced high demand and an increase in capacity providers in the last five years.   18 July 2019
Insurance
Rating agency Moody's has revised the outlook of 13 insurers and six financial guarantors in Argentina to negative from stable due to concerns over their asset quality, profitability and capital adequacy, following the change in Argentine's sovereign rating.   17 July 2019

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