News

Insurance

Argo fights back against Voce ‘falsehoods’ with detailed SEC filing

Re/insurer Argo Group has fought back against “Voce Capital’s continued falsehoods” by reiterating its “strong track record” and work to drive growth and value for shareholders, as the war of words with the activist investor shows no signs of abating.   3 May 2019

Insurance

US insurtech Indio secures $20m funding for business insurance platform

Indio Technologies, an insurtech company that streamlines the business insurance application process, has secured $20 million in Series B funding led by Menlo Ventures, with participation from 8VC.   3 May 2019

Insurance

McLarens picks Cunningham Lindsey's Pigot as global head of specialty, London markets director

Global loss adjuster McLarens has hired David Pigot for the newly created role of director of London markets & global head of specialty.   3 May 2019

Insurance

Markel taps AIG's Guenter Kryszon for global property role

Specialist insurer Markel Corporation has appointed AIG's Guenter Kryszon to the position of executive underwriting officer for global property.   3 May 2019

Insurance

Insurance Council of Australia adds Zurich, Allianz execs to board

The Insurance Council of Australia (ICA) has strengthened its board with the appointment of two new directors.   3 May 2019

Insurance

AXIS poaches Chubb's Tony Jordan for group chief actuary role

Bermuda-based AXIS Capital Holdings has hired Tony Jordan as its group chief actuary. He joins from Chubb.   3 May 2019

Insurance

Sompo International appoints Thomas Brazil as new CEO of European unit

Bermuda-based specialty re/insurer Sompo International Holdings has appointed Thomas Brazil as the new chief executive officer of SI Insurance (Europe), the company’s platform for European Economic Area (EEA) insurance business.   23 April 2019

Insurance

Perils estimates €740m insurance losses from ‘Dragi-Eberhard’ storms

Property insurance losses for the ‘Dragi-Eberhard’ winter storms that swept through Europe in March 2019 are initially estimated to be €740m, according to Perils, the Zurich-based data provider.   18 April 2019

News

Swiss Re chair ‘optimistic’ as shareholders back all 2019 AGM board proposals

Swiss Re shareholders approved a new public share buy-back programme worth up to $1.97 billion (CHF 2 billion) in purchase value at the reinsurer’s AGM today (17 April) in Zurich.   17 April 2019

Insurance

Enstar to reinsure Zurich's $500m US asbestos portfolio

Bermuda-based insurance group Enstar has signed an agreement with Zurich Insurance Group to reinsure its US asbestos and environmental liability insurance portfolios.   17 April 2019

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