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Coverys Managing Agency, the Lloyd’s managing agent of Syndicates 1975, 1991, 3330 and 1110, is joining DTW’s panel of capacity providers, as one of its largest backers, from January 1, 2019. 10 December 2018
Insurance
Arthur J Gallagher has snapped up two insurance brokerage firms to expand its footprint in the UK and New Zealand. 10 December 2018
Insurance
Specialist and corporate insurer Tokio Marine Kiln (TMK) has hired a property underwriting manager from Chubb for its Singapore team. 10 December 2018
Insurance
American International Group's (AIG's) chief data officer Leandro DalleMule has joined insurtech startup Planck Resolution as general manager, North America. 10 December 2018
Insurance
Zurich Insurance Group wants to improve the performance of its commercial insurance business in North America in order to lower the combined ratio of its overall operations in the region. 5 December 2018
Insurance
Zurich Insurance Group is on track to achieve its 2017-2019 financial targets, management said on Dec. 5, 2018. 5 December 2018
Insurance
Chubb believes that it can achieve more than $350 million in savings by year-end 2022 and $500 million by year-end 2023 through the use of robotics and artificial intelligence (AI) as it eliminates low-value activities, according to a December 2018 investor presentation. 4 December 2018
Insurance
The Lloyd’s Lab has launched a new global search for the next cohort of insurtech innovators. 4 December 2018
Insurance
Fitch Ratings has revised the sector outlook for US property and casualty (P&C) insurers to stable from negative. 4 December 2018
Insurance
Chubb expects an impact of approximately $225 million pre-tax, or $195 million after tax from the California wildfires in the fourth quarter of 2018. 4 December 2018
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