News

Insurance

Talanx profits up despite large industrial lines losses in 2018

German re/insurer Talanx Group, the parent company of Hannover Re and HDI, recorded large losses in industrial lines in the financial year 2018, driven by the industrial fire line. The firm is looking to counteract this negative impact and reduce its combined ratio.   7 February 2019

Insurance

Ed poaches Willis exec for professional risks team

Reinsurance, wholesale and specialty broker Ed has appointed Laura Skaanild as client director, professional and executive risk from Willis Towers Watson.   7 February 2019

Insurance

Coverys appoints David Reed as chairman of managing agency

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

RSA seeks new CFO; UK and International CEO Steve Lewis steps down

RSA Insurance Group has promoted its chief financial officer Scott Egan to become the new chief executive (CEO) of UK and International division, replacing Steve Lewis.   6 February 2019

Insurance

Arthur J Gallagher celebrates strong 2018 results driven by acquisitions

Boost by some 48 acquisitions, Arthur J. Gallagher & Co enjoyed strong growth in 2018 with revenues and earnings in both its brokerage and risk management units well up on the year before.   1 February 2019

Insurance

BGC completes Ed acquisition; looks to grow insurance brokerage business

Brokerage and financial technology company BGC Partners has completed the acquisition of London-based reinsurance, wholesale and specialty broker Ed, three-months after the deal was first announced.   1 February 2019

Insurance

Zurich names new head of operations in Canada

Zurich Insurance Group has appointed Mathias Sommer as new head of operations for Zurich Canada.   1 February 2019

Insurance

Conifer partners with AI insurtech startup Betterview

California-based artificial intelligence (AI) startup Betterview, a software platform and service provider for capturing and analysing data from drones, has partnered with Michigan-based property and casualty holding company Conifer.   1 February 2019

Insurance

Hyperion appoints chief data officer for new insurtech unit

Hyperion Insurance Group has appointed Miguel Baptista as chief data officer of its newly launched data and technology arm Hyperion X.   1 February 2019

Insurance

Castel bolsters specialty portfolio with marine broker Seacurus

Castel Specialty, a division of club-style MGA formation platform Castel Underwriting Agencies, has added specialist marine coverages to its portfolio with the addition of Seacurus.   1 February 2019

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