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Insurance
Charles Taylor InsureTech has acquired a majority stake in technology start-up CoVi Analytics to expand into the insurance governance, risk and compliance management technology market. 26 October 2018
Insurance
WR Berkley has appointed Scott Barraclough, the president of excess and surplus lines player Admiral Insurance, as chief executive officer of Berkley Public Entity (BPE), a Berkley Company that specialises in public entities and intergovernmental pools or trusts. 26 October 2018
Insurance
Re/insurance broker Aon has collaborated with property/casualty platform provider Guidewire Software on a scenario for a hypothetical cyber attack on a US hydroelectric dam. 26 October 2018
Insurance
In North America, rates overall were up about 2.5 percent for Chubb in the third quarter of 2018, down from last quarter's 3 percent, CEO Evan Greenberg said during the insurer’s results conference call. 25 October 2018
Insurance
Marsh & McLennan’s (MMC’s) reinsurance unit Guy Carpenter has seen its revenues fall by 20 percent year on year in the third quarter of 2018 to $215 million. 25 October 2018
Insurance
Bermuda-based AXIS Capital has experienced lower catastrophe losses in the third quarter of 2018, improving the combined ratio in both the insurance and reinsurance segments and allowing the group to return to profit. 25 October 2018
Insurance
Asta, a third-party managing agent at Lloyd's, has appointed Paul Jardine and Bob Stevenson to the board of Asta Managing Agency as independent non-executive chairman and independent non-executive director, respectively. 25 October 2018
Insurance
AM Best has upgraded the Long-Term Issuer Credit Ratings to “a+” from “a” of Bermuda-based Lancashire Insurance Company and its affiliate in the UK. 25 October 2018
Insurance
Suppliers are at risk of having insufficient trade credit insurance as some British firms, such as retailers and manufacturers, stockpile goods amid mounting concerns of a no-deal Brexit, according to Marsh, an insurance broking and risk management solutions provider. 25 October 2018
Insurance
Bermuda-based Aspen Insurance Holdings has reduced its loss in the third quarter of 2018 as the company experienced a lower catastrophe impact. 25 October 2018
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