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AM Best unveils senior management restructure amid cost-cutting drive
Insurance
Re/insurance rating agency AM Best is changing its senior management structure to cut costs and strengthen its Asia Pacific business following a "strategic review" of its core markets.   20 February 2019
AAIC launches cyber insurance for farmers, ranchers and SMEs
Insurance
The American Agricultural Insurance Company (AAIC) has launched a cyber insurance product to protect small business owners and farmers/ranchers from the growing risks they face.   20 February 2019
MGAA bolsters board with Markerstudy co-founder Humphreys
Insurance
The Managing General Agents’ Association (MGAA) has appointed Gary Humphreys, group underwriting director at Markerstudy Group, as a new board director at its annual general meeting.   20 February 2019
Insurance
Specialty re/insurer Brit has reported healthy upward trend in gross premiums as it heads in to 2019, Matthew Wilson, group chief executive officer, said in the company's 2018 results.   15 February 2019
Insurance
German insurance giant Allianz posted a record operating performance in 2018, reaching the upper end of its target. It also expects to generate a larger profit in 2019, provided there are no unforeseen performance interruptions.   15 February 2019
Insurance
C-Quence, a new insurtech managing general agent (MGA) with a commercial insurance trading and underwriting platform, has strengthened its underwriting team with senior hires from Chubb and AIG.   15 February 2019
Insurance
Re/insurance broker Miller has hired property broker Amanda Lee to further strengthen its specialty business in Asia.   15 February 2019
Insurance
Dutch insurer NN Group has elected David Cole to succeed Jan Holsboer as the chairman of its supervisory board following its annual general meeting later this year in May.   15 February 2019
Insurance
Munich Re's primary insurance unit ERGO Group is selling its non-life insurance business in Russia to RESO-Garantia as part of what it called an international portfolio optimisation strategy.   12 February 2019
Insurance
Risk modelling firm RMS has hired Oliver Nieswandt as managing director of Continental Europe, based in the company's Zurich office.   11 February 2019

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